SnackHealthy Partners With Sterling Food Solutions for Launch of Its Branded Organic Food Products in China
December 04 2013 - 9:03AM
Marketwired
SnackHealthy Partners With Sterling Food Solutions for Launch of
Its Branded Organic Food Products in China
JUPITER, FL--(Marketwired - Dec 4, 2013) - SnackHealthy,
Inc. (OTCBB: SNAX) today announced the Company has partnered with
Hong Kong based Sterling Food Solutions, Ltd. for the distribution
of its organic food products to Asia. SnackHealthy will begin
shipping its organic milk, baby formula and yogurt to retailers in
Hong Kong, Singapore and China beginning in January of 2014.
Richard Damion, SnackHealthy CEO, stated, "Asia is the most
promising of all foreign marketplaces for the distribution of our
products. Hong Kong, Singapore, Thailand, Taiwan and the major
cities of mainland China are experiencing double digit increases in
their annual food and beverage consumption rates. Our relationship
with Sterling Foods provides us with immediate sales and
distribution networks for our domestically produced food and
beverage products. We anticipate monthly revenues in excess of one
million dollars beginning in April, 2014."
China, the world's most populous nation, is setting new records
for milk and dairy product imports. "An additional factor favorable
to the Company is the highly publicized cases of food
contamination, particularly in the dairy industry. This development
has substantially increased demand for the trusted quality of
American food products", Damion added.
Michele Chan, President of Sterling Hong Kong Ltd., commented,
"Sterling is in a unique position to fill this demand through the
strategic relationships that SnackHealthy enjoys with leading
manufacturers of dairy products with the niche focus on organic and
all natural, milk, cheese, eggs, yogurt and ice cream. In May of
this year we presented our products at the HOFEX Trade Exposition
in Hong Kong and had over 200 inquiries for our organic dairy
products. Now with SnackHealthy as our export partner, we
expect to start shipping the first container loads of dairy
products to Asia in January. We conservatively project revenues of
$1,000,000 USD per month beginning in the second quarter of
2014."
About SnackHealthy, Inc.
SnackHealthy, Inc. (SNAX) is a manufacturer and distributor of
organic, natural and healthy food products headquartered in
Jupiter, FL. The Company offers a portfolio of healthy foods
and beverages that are organic, all-natural, low-calorie, and free
from artificial sweeteners; created to satisfy several eating
occasions daily. SnackHealthy is dedicated to offering a broad
array of choices for healthy, convenient and fun nourishment, while
reducing environmental impact.
About Sterling Food Solutions, Ltd.
Sterling is a Hong Kong based sales and marketing company
providing Asian retailers the ability to purchase organic and
natural food products direct from manufacturers in North America by
offering procurement, consolidation, documentation, certification,
financing and in store branding services. In an exclusive
collaboration with its partner; SnackHealthy, Inc., Sterling and
its Asian affiliates have access to over 700 distribution points
and approximately 12,000 retail outlets in eight countries that
make up the greater China region.
Disclosure Regarding Forward-Looking Statements
This document contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements other than statements of historical fact are
"forward-looking statements" for purposes of federal and state
securities laws, including any projections of earnings, revenue or
other financial items; any statements of the plans, strategies and
objectives of management for future operations; any statements
concerning proposed new services or developments; any statements
regarding future economic conditions or performance; any statements
of belief; and any statements of assumptions underlying any of the
foregoing. Forward-looking statements may include the words "may,"
"will," "estimate," "intend," "continue," "believe," "expect" or
"anticipate" and any other similar words. Although we believe that
the expectations reflected in any of our forward-looking statements
are reasonable, actual results could differ materially from those
projected or assumed in any of our forward-looking statements. Our
future financial condition and results of operations, as well as
any forward-looking statements, are subject to change and to
inherent risks and uncertainties, such as those disclosed or
incorporated by reference in our filings with the Securities and
Exchange Commission.
Company Contact: Richard Damion richard.damion@snackhealthy.com
Investor Contact: William Alverson
bill.alverson@snackhealthy.com
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