10:37:39 EDT Wed 15 May 2024
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Else Nutrition Holdings Inc
Symbol BABY
Shares Issued 113,322,224
Close 2023-07-11 C$ 0.69
Market Cap C$ 78,192,335
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Else Nutrition kids' shakes receive OK from Arizona WIC

2023-07-11 13:05 ET - News Release

Ms. Hamutal Yitzhak reports

ELSE NUTRITION'S PLANT-BASED KIDS SHAKES NOW APPROVED BY THE ARIZONA WIC PROGRAM

Else Nutrition Holdings Inc.'s Kids Nutritional Shakes have been approved by the Arizona Women, Infants, and Children (WIC) program. This authorization closely follows the company's recent milestone of having four products approved for United States federal insurance billing. Both achievements underscore the company's strategic approach to broadening access and availability of plant-based nutrition products across the United States.

Children with qualifying medical conditions and a physician's prescription can now benefit from Else Kids' plant-based nutrition, designed to cater to dietary issues such as severe food allergies, gastrointestinal disorders, immune system disorders and medically diagnosed nutrient deficiencies. The product lineup includes the Else Plant Protein Nutritional Shake for Kids in chocolate and vanilla flavours.

"Having our products approved by the Arizona WIC program and the Center for Medicare & Medicaid Services are significant steps in our strategic plan to enhance accessibility. These achievements are a testament to our team's dedication and strong management," said Hamutal Yitzhak, chief executive officer and co-founder of Else. "We anticipate more WIC wins as we continue down this path, reinforcing our commitment to bringing clean, plant-based nutrition to families nationwide."

Else Plant-Based Nutritional Shakes for Kids are made with clean, whole-plant ingredients: buckwheat, almond butter and tapioca. The products are free of the most common allergens, USDA (United States Department of Agriculture) organic, and free of gluten, dairy, soy, corn syrup and GMOs (genetically modified organisms). These factors make Else Kids a unique option for families with dietary concerns, providing comprehensive nutrition with 50 per cent less sugar than competing brands.

With its Kids Nutritional Shake chocolate and vanilla products now being a part of the Arizona WIC program, and its other products approved for insurance billing, Else Nutrition continues to innovate and expand its market footprint, providing a comprehensive solution to the nutritional needs of children across the country.

About Else Nutrition Holdings Inc.

Else Nutrition Holdings is a food and nutrition company in the international expansion stage 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 formulas. Since launching its plant-based complete nutrition for toddlers, made of whole foods, almonds, buckwheat and tapioca, the brand has received thousands of powerful testimonials and reviews from parents, gained national retailer support, and achieved rapid sales growth.

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