|By PR Newswire||
|February 26, 2014 07:30 AM EST||
EAST RUTHERFORD, N.J., Feb. 26, 2014 /PRNewswire/ -- MamaMancini's Holdings, Inc. (the "Company") (OTCQB: MMMB), an emerging manufacturer and marketer of specialty pre-prepared, frozen and refrigerated "all natural" food products (as defined by the United States Department of Agriculture), announced today it has offered for national distribution a line of both beef and turkey meatball products that are antibiotic and hormone free. The meat in the new products is from animals that were on strict vegetarian diets, free from animal by-products. The two new products are: Slow Cooked Italian Sauce and Antibiotic-Free Beef Meatballs and Slow Cooked Italian Sauce and Antibiotic-Free Turkey Meatballs.
The products have successfully tested in a nationally prominent grocery store chain in the western U.S. over the past 18 months and will now be made available with updated packaging for wide distribution throughout North America. The Company's products are currently available in 7,900 stores, on approximately 24,300 shelves, with each store offering approximately 3.1 SKUs. In 2014, the Company believes it will continue to expand its placement on retailer's shelves as it gains distribution with new retailers and receives additional authorizations from existing customers for its new product offerings.
Carl Wolf, Chairman and Chief Executive Officer of the Company, said, "At MamaMancini's we pride ourselves in offering nutritious and convenient products with all-natural ingredients; bringing to our customers what they want: authentic, healthy Italian food. In addition to our outstanding all-natural, preservative free products, we now offer antibiotic and hormone free products for a growing segment of consumers desiring more socially responsible meal options, for only a slightly higher price point. We believe these consumers could become a fast growing segment of the food market. We are excited about the potential these two new products offer and they are the first to market as part of a series of new products the Company plans to introduce throughout 2014."
MamaMancini's is a manufacturer and distributor of a line of all natural, beef meatballs with sauce, turkey meatballs with sauce, chicken meatballs with sauce, pork meatballs with sauce, and other similar Italian products. The Company's sales have been growing on a consistent basis as the Company expands its distribution channel, which includes major retailers such as Costco, Publix, Shop Rite, Price Chopper, Redners, Pathmark, A&P, Waldbaums, Food Emporium, Whole Foods, Shaw's Supermarkets, Kings, Key Foods, Giant Eagle, Stop-n-Shop, Giant Stores, Food Town, Kroger, Winn Dixie, Market Basket, Albertsons, Shoppers, Wal-Mart, Marsh's Supermarkets, Bashas, Bi-Lo, Central Markets, Weis Markets, Ingles, and The Fresh Market. For more information visit the company's website at www.mamamancinis.com.
Forward Looking Statements
This press release may contain "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. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's 10-K for the fiscal year ended December 31, 2012 and other filings made by the Company with the Securities and Exchange Commission.
Adam Lowensteiner, Joe Diaz
Lytham Partners, LLC
Chairman and CEO
SOURCE MamaMancini's Holdings, Inc.
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