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Naturally Splendid Enterprises Ltd
Symbol NSP
Shares Issued 48,579,194
Close 2015-03-20 C$ 0.46
Market Cap C$ 22,346,429
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Naturally Splendid appoints Mason to advisory board

2015-03-23 08:37 ET - News Release

Mr. J. Craig Goodwin reports

CLEARLY CANADIAN BEVERAGE FOUNDER JOINS NATURALLY SPLENDID

Naturally Splendid Enterprises Ltd. has appointed Douglas Mason to its corporate advisory board. Mr. Mason's primary focus will be to assist management with marketing and sales strategies for the company's full range of products licensed under the recent agreement with Full Spectrum Laboratories (FSL).

Mr. Mason serves as a senior officer and director of a number of public companies and has extensive experience in financings and acquisitions in capital markets, raising over $200-million over the past 25 years. He is currently chairman of the board and chief executive officer of Waterfront Capital Corp.

From 1998 through 2005, Mr. Mason served as president, chief financial officer and director of Clearly Canadian Beverage Corp., a producer of premium beverage products. During his 20 years in the beverage industry, Mr. Mason built a reputation for innovation and has been credited as being one of the pioneers of the new age beverage category.

Naturally Splendid CEO Craig Goodwin states: "Douglas brings a successful beverage resume to Naturally Splendid. Clearly Canadian, under his stewardship, grew to $238,000 in gross sales in just its third year of operation. Initially, Douglas will provide his expertise in developing strategies to develop functional beverages incorporating products derived from the recently acquired technology licence from Full Spectrum Labs. Beverages are the largest U.S. functional product sector, with sales growing by almost 10 per cent year on year from 2011 to 2012 to hit $27.8-billion (reference: What's driving functional food and beverage growth? Snacking, convenience, and consumer behavior By Stephen Daniells, Nov. 20, 2014). Globally, the functional beverage market is valued at $68-billion (reference: Natasha D. Costa, Asian Food Journal, Aug. 26, 2014). Our plans with an experienced team now in place, is to penetrate these markets."

Vice-president of operations Bryan Carson adds: "According to recent reports, beverages that appeal both to taste buds and offer healthy qualities continue to be the focus for many beverage processors. Emerging trends that we're seeing include the use of functional ingredients and beverages that serve multiple purposes with many overall health benefits. We're also seeing more beverages with their nutrition coming from vegetable and fruit sources. Our plant-based omega ingredients and technology are positioned to service this growing market and we are positioning ourselves to penetrate the multibillion-dollar functional beverage market by adding expertise such as Mr. Mason."

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