For Immediate Release
Waterloo, Ontario, January 31, 2019: SponsorsOne Inc. (CSE: SPO) (Frankfurt: 5SO), the company that makes small brands BIG by building large, engaged and authentic communities that buy and support the Brands they love, is pleased to announce it has entered into a Brand Development Agreement with Native State Foods (www.nativestatefoods.com ). Under the agreement, SponsorsOne will bring Native State Food’s story to life to connect and build a large community that will purchase their unique food product online. Using the SponsorCoin platform to manage the community of micro-influencers, the SponsorCoin digital currency will reward for engagement.
“Co-Founders of Native State Foods, Angela Palmieri and Claudio Ochoa, have introduced an amazing and natural food to North America and its called pinole,” said Guy Zajonc, President of SponsorsOne Media. “Never heard of it? Neither had I until I met Angela and Claudio. But if you check out the Native State Foods website, you will learn the story of a power food that fueled ancient Aztec warriors and today’s Tarahumara Indians that can run hundreds of miles at a time. I can’t wait to show the world this story.”
“Our journey began years ago in rural Latin America. Pinole is a powerful local breakfast staple that naturally delivers high-density nutrition and gives you sustained energy to power the day,” stated Angela Palmieri, Co-Founder, and CEO. “We founded Native State Foods because we saw an opportunity to bring consumers here in the US more nutritious choices like pinole that are centuries old, yet fit into today’s modern, busy lifestyle.”
Native State Foods is preparing to launch a new breakfast snacking line with additional ancient superfoods like maca, turmeric, and goji berries. While the company’s products are already on grocery shelves across the US, Native State Foods is looking to build a higher margin, direct to consumer marketplace by working with the SponsorsOne and the SponsorsOne Media team.
About Native State Foods
Native State Foods is the leading producer of nutrient-dense ancient foods made for a modern lifestyle. We use only the highest quality, simple ingredients that are clean, responsibly sourced and have naturally existed for hundreds of years. Purely Pinole®, our signature line of ancient grain breakfast cereals and snack cups can be found in major retailers across the U.S. For more information, visit www.NativeStateFoods.com.
About SponsorsOne Inc.:
SponsorsOne is disrupting the traditional advertising model and leveling the playing field for small brands. Our cloud based platform, SponsorsCloud, lets brands reach millions of targeted consumers with authentic, word-of-mouth advertising, bypassing intermediaries like agencies and ad networks. Our proprietary cryptocurrency, SponsorCoin, is awarded to Influencers who share brand promotions with their social media followers. SponsorCoin can then be used to purchase products and services at a discount from any brand on our network or trade for popular cryptocurrencies such as Ethereum, Bitcoin and Litecoin. This new advertising model cuts upfront costs for brands to near zero and gives every customer an incentive to become a brand ambassador.
ON BEHALF OF THE BOARD
Gary Bartholomew, Executive Chairman
To learn more or inquire please visit http://sponsorsone.com/
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FORWARD-LOOKING INFORMATION AND STATEMENTS
This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. Forward-looking statements relate to future performance, events or circumstances, and are based upon internal assumptions, plans, intentions, expectations and beliefs. All statements other than statements of current or historical fact constitute forward-looking statements. Forward-looking statements are typically, but not always, identified by words such as “will”, “expect”, “believe”, “anticipate”, “estimate”, “plan”, “forecast”, “potential”, “continue” and similar expressions. By their nature, forward-looking statements are based upon certain assumptions and are subject to numerous risks and uncertainties, many of which are beyond SponsorsOne’s control, including the impact of general economic conditions, industry conditions, current and future commodity prices, currency and interest rates, anticipated production rates, borrowing, operating and other costs and funds from operations, the timing, allocation and amount of capital expenditures and the results therefrom, anticipated results, the sufficiency of budgeted capital expenditures in carrying out planned activities, competition from other industry participants, availability of qualified personnel or services and equipment, stock market volatility, effects of regulation by governmental agencies including changes in environmental regulations, tax laws and royalties, and the ability to access sufficient capital from internal sources and bank and equity markets. This list is not exhaustive.
The forward-looking statements contained in this Press Release are made as of the date hereof and SponsorsOne assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. All forward-looking statements contained in this Press Release are expressly qualified by this cautionary statement.