EAST RUTHERFORD, N.J. — 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 an update on its growing retail distribution network. During the first quarter of calendar 2014, the number of retail store shelves nationwide offering MamaMancini's products increased 15% to 26,000 shelves, up from 22,640 shelves as of December 31, 2013.
MamaMancini's has gained new authorizations and distribution with several new retailers across the U.S. and Puerto Rico, for shipment of product during first quarter of 2014. Some of the new distributors and locations include: Save Mart Supermarkets, in northern California; Gelson's Markets, in southern California; Reasor's Grocers, in Oklahoma; Pueblo Supermarkets, in Puerto Rico; Central Grocers, in Illinois; Neimans Distributor, in Illinois; Shaw's, in New England; Kroger-King Soopers, in Denver; Kroger, in its Mid Atlantic Division; Rouses, in Louisiana; Monterey Provisions, in California; Walmart, in several districts throughout the U.S.; and Central Markets and Kmart, in the Texas Division.
In addition to these outlets, MamaMancini's has also commenced selling product to two new food service accounts in the last several months with several additional locations of distribution.
Carl Wolf, chairman and chief executive officer of MamaMancini's, said, "We are pleased to report a 15% sequential increase in retailers' shelves carrying our products. We believe that this growth is indicative that our sales and marketing efforts continue to be effective and that the MamaMancini's brand is increasingly gaining recognition. In addition, these new distribution points, which are offering, on average, 3.25 MamaMancini's SKUs, we will have the opportunity to add more products as we launch more all natural, authentic and nutritious Italian meals. Acquiring these new distribution points gets us off to a strong start in 2014. We expect to continue to add significant new distribution points throughout the remainder of the year."
About MamaMancini's
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.
Source: MamaMancini's Holdings, Inc.
