Liquid Nutrition Group Inc.

TSX VENTURE : LQD
TSX VENTURE : LQD.WT


Liquid Nutrition Group Inc.

February 05, 2013 07:00 ET

Liquid Nutrition Adds Veteran Retail Executives to Its Team

TORONTO, ONTARIO--(Marketwire - Feb. 5, 2013) - Liquid Nutrition Group Inc. ("Liquid Nutrition" or "Company") (TSX VENTURE:LQD)(TSX VENTURE:LQD.WT) is pleased to announce the appointment of Dean Spokes to the role of Vice-President Operations and Nelson Cabral to the position of Vice-President Merchandise.

Dean Spokes is a successful operations leader with extensive experience, most recently serving as the Director of Operations for COBS Bread (B.D. Canada Ltd.) from 2005 to 2013. At COBS, Mr. Spokes was successful in launching the COBS Bread brand in Ontario with 16 locations and annual sales of $14 Million.

Prior to joining COBS in 2005, Mr. Spokes served as the Director of Operations, Ontario and Western Canada for Krispy Kreme Doughnuts & Coffee (KremeKo Inc) from 2001 to 2005 where he was a Senior Leader of the Operations Team that launched Krispy Kreme Doughnuts in Canada, achieving system wide sales of $42 Million from 13 locations in Ontario and Alberta.

Nelson Cabral brings more than twenty years of progressive leadership experience in merchandising, planning, supply chain management and technology to the Liquid Nutrition team.

Mr. Nelson played a key role in the growth of Teaopia Ltd., a premium loose leaf tea retailer, helping grow the company to 46 locations and implemented ERP systems for both Teaopia and Keyman Engraveables where he held various management positions from 1999 to 2012.

"Dean and Nelson bring tremendous industry experience to the Liquid Nutrition management team and will be important drivers of our strategic growth plan," said David Bellisario, COO of Liquid Nutrition. "The Liquid Nutrition management team is well positioned to support numerous store openings in 2013 while continuing to maximize our franchise sales and our overall brand development."

Franchise opportunities are still available in select Canadian, US and international markets.

About Liquid Nutrition Group Inc.

Liquid Nutrition Group Inc. (LNGI) (TSX VENTURE:LQD)(TSX VENTURE:LQD.WT) is a rapidly growing, hybrid retailer of functional beverages, fresh pressed juices, vitamins and supplements. Liquid Nutrition is committed to building a global brand in the health and wellness industry by bringing its healthy and delicious product offering to communities around the world. Through its wholly-owned subsidiary, Liquid Nutrition Franchising Corporation, LNGI has signed franchise agreements for over 80 stores across Canada, as well as license agreement in the Caribbean and the Middle East. For store locations, business opportunities or more information visit www.liquidnutrition.com Please join Liquid Nutrition on Facebook and follow on Twitter @liquidnutrition.

About Team Liquid

Comprised of pro-athletes and experts in the world of sports, fitness and nutrition, members of Team Liquid were selected based on their personal and professional dedication to healthy active living. Members of the Team Liquid include: Steve Nash, Matt Ryan, Suzann Pettersen, Russell Martin, Vincent Lecavalier, Torah Bright, Elaine Hastings, RD, LD/N, CSSD, Nutritionist, Trish Stratus, seven time WWE World Champion and Yoga and Fitness icon, and Arlene Dickinson from CBC's Dragon's Den. To see what the Team Liquid has to say about Liquid Nutrition, please visit: http://www.youtube.com/watch?v=da785AGWQqk.

To receive Company news via email, contact erica@chfir.com and mention "Liquid Nutrition news" in the subject line.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed this release and neither accepts responsibility for the adequacy or accuracy of this release.

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