EAST RUTHERFORD, N.J, — MamaMancini’s Holdings, Inc. (OTCQB: MMMB), a manufacturer and marketer of specialty pre-prepared, frozen and refrigerated all-natural food products (as defined by the United States Department of Agriculture), today announced the hiring of Allan Sabatier as Vice President of Business Development to head MamaMancini’s entry into the Food Service and Alternate market segments. Mr. Sabatier joined the organization on April 1, 2019.
Mr. Sabatier has extensive perishable foods industry experience with a focus on Food Service and Alternate channels. He has held senior executive positions in sales and marketing for major food companies including Dole, Del Monte, Ready Pac Foods and ConAgra. At MamaMancini’s Mr. Sabatier is charged with developing business opportunities with food service distributors; chain restaurants; convenience stores; health and eldercare institutions; college and universities, corporate commissaries and kitchens; casinos; and export distributors.
Carl Wolf, chairman and CEO of MamaMancini’s, said, “We are pleased to have a sales executive the caliber of Allan Sabatier to lead us in developing this new and exciting component in our business. The food service channel has the potential of being larger than the grocery store channel in which we currently compete. Allan is a true industry professional and we are very excited about selling into these new segments. We believe this more than doubles our addressable markets and we look forward to Allan’s contributions in the coming years to dramatically expand our business.”
Mr. Sabatier previously work with Carl Wolf at Alpine Lace Brands, Inc. in the 1990s, where Mr. Wolf was chairman and CEO. Mr. Sabatier, as Vice President of Sales, was instrumental in leading Alpine Lace to national distribution before it was sold to Land O’ Lakes with Merrill Lynch serving as the financial advisor in the transaction. Mr. Wolf commented, “It will be a pleasure to work with Allan again. He accomplishes what he sets out to do.”
Mr. Sabatier said, “This is going to be fun. The MamaMancini’s product line is outstanding and we expect to see major growth in the future in this untapped market for the Company. I look forward to working with Carl again to develop this opportunity.”
About MamaMancini’s
MamaMancini’s is a marketer and distributor of a line of beef meatballs, turkey meatballs, and chicken meatballs all with sauce, five cheese stuffed beef, turkey and chicken meatballs all with sauce, and original beef and turkey meat loaves products. In addition, the Company sells Chicken Parmesan, Stuffed Pepper Mix, Sausage n Peppers, Sunday Dinner and Chicken Alfredo. The Company’s sales have been growing on a consistent basis as the Company expands its distribution channels, which includes major retailers such as Publix, Shop Rite, Jewel, Lunds and Byerlys, SUPERVALU, Safeway, Albertsons, Whole Foods Market, Shaw’s, Kings, Roche Bros., Key Foods, Stop & Shop, Giant, Giant Eagle, Foodtown, Sam’s Club, Costco, Pavillion Stores, HEB, Rouses, Hannaford, Kroger, Shoppers, Marsh, King Kullen, Central Markets, Weis Markets, Ingles, and The Fresh Market. The Company sells to distributors such as Sysco, AWI, UNFI, SUPERVALU, Kehe, Burris Logistics and C&S Wholesale Grocers. In addition, the Company sells a wide variety of its products through QVC, the world’s largest direct to consumer marketer, via on air presentations, auto ship programs, and direct purchases through the internet.
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 January 31, 2017 and other filings made by the Company with the Securities and Exchange Commission.
