Else Establishes Its Own Manufacturing Capacity in Oregon U.S.A.
Tuesday, January 18, 2022, 7:00 AM ET
Else Establishes Its Own Manufacturing Capacity in Oregon U.S.A.
VANCOUVER, British Columbia, Jan. 18, 2022 (GLOBE NEWSWIRE) -- ELSE NUTRITION HOLDINGS INC. (BABY.V) (BABYF) (0YL.F) ("Else" or the "Company") the Plant-Based baby, toddler and children nutrition company, today announced that is has signed an agreement to establish a specialized manufacturing site to process and prepare Else's proprietary specialized, demineralized buckwheat for its infant formula.
The Company completed the development of its unique production process for the demineralized buckwheat and anticipates producing the first batch of specially processed buckwheat in Q1 2022. The new facility output will support the infant formula production expected during the first years. The buckwheat will be processed under the strictest quality controls and standards without the use of chemicals or solvents. Else's proprietary process uses all natural processes and maintains the natural chemical composition of the ingredient intact (protein, carbs, fats...etc.).
"This is a great step in our quest for plant based clean label infant nutrition, since buckwheat is a key ingredient in our infant formula, and nowhere else in the world is it processed in such a way," said Hamutal Yitzhak, CEO & Co-Founder of Else Nutrition.
"This is a very encouraging development along our manufacturing pathway as we look ahead to launching a real and first Plant-Based, Clean label Dairy-free and Soy-free, minimally processed infant formula in the market."
About Else Nutrition Holdings Inc.
Else Nutrition GH Ltd. is an Israel-based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, plant-based, non-soy, formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition (formerly INDI) won the "2017 Best Health and Diet Solutions" award at the Global Food Innovation Summit in Milan. Else Plant-Based Complete Nutrition for Toddlers was recently ranked as the #1 Top seller in the baby and toddler formula category on Amazon. The Company recently received the World Plant-Based Award for "Best dairy alternative product" in New York at World Plant-Based Expo in late 2021. The holding company, Else Nutrition Holdings Inc., is a publicly traded company, listed as TSX Venture Exchange under the trading symbol BABY and is quoted on the US OTC Markets QX board under the trading symbol BABYF and on the Frankfurt Exchange under the symbol 0YL. Else's Executives includes leaders hailing from leading infant nutrition companies. Many of Else advisory board members had past executive roles in companies such as Mead Johnson, Abbott Nutrition, Plum Organics and leading infant nutrition Societies, and some of them currently serve in different roles in leading medical centers and academic institutes such as Boston Children's Hospital, Pediatrics at Harvard Medical School, USA, Tel Aviv University, Schneider Children's Medical Center of Israel, Rambam Medical Center and Technion, Israel and University Hospital Brussels, Belgium.
For more information, visit: elsenutrition.com or @elsenutrition on Facebook and Instagram.
Lytham Partners, LLC
Mr. Ben Shamsian
New York | Phoenix
E: shamsian@lythampartners.com
P: 646-829-9701
TSX Venture Exchange
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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