VANCOUVER, British Columbia, Oct. 06, 2021 (GLOBE NEWSWIRE) — Nabati Foods Global Inc. (CSE: MEAL) (“Nabati Foods” or the “Company”), a plant-based food technology company offering whole, natural, plant-based foods for health-conscious consumers, is announcing that it has attracted senior food industry leader, Martin Parent, to act as an advisor to Nabati Foods CEO Ahmad Yehya.
Mr. Parent will work closely with Mr. Yehya to support Nabati Foods’ global expansion efforts, particularly efforts related to Nabati Plant Eggz™, the Company’s plant-based liquid egg alternative that launched in August of 2021. All Nabati Foods products are kosher, vegan, egg-free, dairy-free, gluten-free, and made without GMOs or refined sugar.
“We are pleased to welcome an experienced business executive like Martin Parent to our growing Nabati Foods family,” Nabati Foods CEO Ahmad Yehya said. “His broad and significant international experience will be a tremendous asset as we continue to scale our distribution globally through multiple channels including grocery, foodservice, industrial, and eCommerce.”
Mr. Parent has more than 25 years of experience in the food industry and is currently the President of Mondelez Canada, a Toronto-based snack manufacturer boasting well-established brands including Cadbury Dairy Milk, Oreo, Sour Patch Kids, Trident gum, and others. Mr. Parent also previously worked with ULTIMA Foods, Frito Lay, and the Campbell Soup Company, and has worked in a range of global markets including North America, Asia, the Middle East, Africa, and more.
“Nabati Foods stood out to me as a company that I wanted to be a part of. It is truly innovative, and has created a growing range of products that have great potential for success in diverse consumer markets globally,” Mr. Parent said. “I look forward to working closely with Mr. Yehya to help the brand expand its reach and get into the hands of the growing number of people who are seeking mouth-watering, plant-based foods to benefit their own health and the health of the planet.”
Mr. Parent holds a bachelor of commerce in marketing from the Université du Québec à Montréal and an MBA from the University of British Columbia. He also has an Executive Certification in Corporate Directorship from the Singapore Management University.
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About Nabati Foods Global Inc.
Nabati Foods Global Inc. is the owner of Nabati Foods Inc. (“Nabati Foods”), a family-founded food technology company offering whole, natural, plant-based, gluten, and soy-free foods for health-conscious consumers. Nabati Foods was founded in 2014 and has four signature product lines including dairy-free cheesecakes, cheese alternatives, plant-based meats, and a plant-based liquid egg alternative. Nabati Foods products are distributed throughout Canada, the U.S., and internationally through eCommerce, grocery, foodservice, and industrial channels. Learn more: https://invest.nabatifoods.com/
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This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Nabati in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws. Accordingly, the securities may not be offered or sold within the U.S. or to U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws, or pursuant to exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws.
Disclaimer for Forward-Looking Information
This news release includes certain forward-looking statements and forward-looking information (collectively, “forward-looking statements“) within the meaning of applicable Canadian securities legislation. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Forward-looking information in this news release includes statements concerning the Company’s general business plans. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors that could materially affect such forward-looking information are described in the risk factors in the Final Prospectus, and the schedules attached thereto, that are available on the Company’s profile on SEDAR at www.sedar.com.
Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws.