VANCOUVER, BC / ACCESSWIRE / June 22, 2021 / Komo Plant Based Foods Inc. (CSE:YUM)(OTC PINK:KOMOF)(FRA:9HB) ("Komo") announces the expansion of Komo's Plant-Based Meal HelpersTM line with the launch of Komo's Plant-Based BBQ Mushroom Lentil Taco Filling.
"Our Plant-based Meal Helpers line addresses three major trends: Plant-forward diets are more prevalent than ever before; consumers are cooking at home more often and looking for easier ways to bring dinner to the table; and the consistent demand for clean, wholesome ingredients and products. At Komo, we're on a mission to share the love of plant-based foods and make plant-based meals a staple on every dinner table. All our products are uncompromisingly easy, wholesome and hearty to make plant-based eating more accessible through familiar favourites like our lasagna, shepherd's pie, bolognese sauce and now our taco filling," says Komo Comfort Foods CEO Jeffrey Ma.
Komo is targeting multi-serve plant-based dinners and entrees sub-categories with its Ready-to-Bake Classics and its Plant-Based Meal HelpersTM. All of Komo's products are 100% plant-based, made with wholesome ingredients, free from preservatives, frozen for freshness and have a 1-year frozen shelf life. Komo's Ready-to-Bake Classics, include Lasagna, Shepherd's Pie and Chick'n Pot Pie, have garnered excellent consumer reviews, with over 60 - 5 star reviews from verified buyers on Komo's eCommerce website. Komo is continuously engaged in research and development of new products in its commercial kitchen and plans to launch another 5 new SKUs by the end of 2021.
The global frozen food industry is predicted to grow to $64.7 billion between 2020 and 2024, with the growth largely driven by plant-based foods, according to Technavio. In 2020, 56% of U.S. households purchased plant-based foods according to the Plant Based Foods Association.
Komo has changed its ticker on the OTC Markets in the United States to the symbol KOMOF as of June 21, 2021 and is in the process of upgrading its listing to the OTCQB® Venture Market.
Komo Plant Based Foods Inc. is an emerging plant-based food company that develops, manufactures, markets and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single biteTM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chick'n Pot Pie and has recently launched a new line - Komo Plant-Based Meal HelpersTM - versatile meal starters to allow the creation of many dishes at home.
Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods
William White, President & CEO
The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or Komo's future performance. The use of any of the words "could", "expect", "believe", "will", "projected","estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Komo's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, Komo's product development plans, its ability to retain key personnel, and its expectation as to the acceptance of its products by consumers constitute forward-looking information. Actual results and developments may differ materially from those contemplated by forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The statements made in this press release are made as of the date hereof. Komo disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.
SOURCE: KOMO Plant Based Foods Inc.
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Released June 22, 2021