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Wednesday, 03/07/2018 11:56:59 AM

Wednesday, March 07, 2018 11:56:59 AM

Post# of 15534


Ticker Symbol: MCHA

Matchaah Holdings Appoints PCAOB Registered CPA Firm to Initiate Audit

Move Advances Reporting Practices for Heightened Transparency;
Follows Revenue and Distribution Growth of Key Products; Plans for Growth


MINNEAPOLIS, March 7, 2018 – Matchaah Holdings, Inc. (OTC Pink: MCHA) announced today
the engagement of a Public Company Accounting Oversight Board (PCAOB) independent
auditor as the company’s new certifying accountant. The audit will be conducted as part of a
process in which Matchaah Holdings, Inc. prepares for further growth and major product
introductions in 2018.

The company reached a decision to engage the selected PCAOB qualified auditor as part of its
commitment to provide investors and the public markets with increased transparency of
company operations as well as in order to prepare for “up-listing,” a process which requires
U.S. GAAP, PCAOB-audited financial statements as a primary requirement.

Matchaah Holdings, Inc. saw significant revenue growth in the fourth quarter of 2017, due in
part, to more retail testing of its first product and the launch of a new MATCHAAH®! brand
product into hundreds of stores throughout the country, including major retailers such as
WinCo Foods and Cost Plus World Market where both products were promoted on end caps
nationally. That growth and the newly implemented audit process is intended to prepare the
company for the launch of three highly anticipated new MATCHAAH! brand products this year.

“2017 was a busy year for Matchaah as the company refines its branding, price points,
promotions and product offerings for 2018 while solidifying distribution agreements to prepare
for a growing brand portfolio,” said Paul Henson, chief executive officer, Matchaah Holdings,
Inc.

“It’s just the beginning, however. We’re already signed with several major distribution
companies and are preparing for the introduction, in the second quarter of 2018, of what we
believe will be a category defining product.”

For more information on MATCHAAH! products visit www.matchaah.com

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