Naturally Splendid Enterprises Ltd.

Naturally Splendid Enterprises Ltd.

March 03, 2014 08:30 ET

Naturally Splendid Completes Warehouse Upgrades and Receives Permits for New Natera™ Packaging Facility

BURNABY, BRITISH COLUMBIA--(Marketwired - March 3, 2014) - Naturally Splendid Enterprises (the "Company") (TSX VENTURE:NSP)(FRANKFURT:50N) is pleased to announce it has completed warehouse upgrades at the companies head office location in Burnaby, British Columbia and has received permits for the construction of its new Natera™ packaging facility. With a total footprint of over 6,000 sqft, the Natera™ warehouse upgrades have increased storage capacity by 200% and include new storage and shelving units that allow for faster product turn around and more efficient inventory management. The new Natera™ packaging facility is a step towards vertical integration of the company's operations. The in-house packaging facility is constructed using CFIA approved materials and allows for cost savings, customizable order preparation, and an overall increase in the efficiency of packaging operations.

Naturally Splendid VP of Operations, Bryan Carson states: "We have streamlined our packaging and warehousing facilities in order to accommodate larger volumes of sales and faster inventory turnover. Our new facilities allow Naturally Splendid to provide a higher level of service to our customers and distributors. The company's Natera™ superfood line is now carried through both regional and national distributors that service over 7000 retail stores and is quickly becoming a recognized name in the Canadian functional food market."

Naturally Splendid CEO, Craig Goodwin states: "With an expanded product offering, new branding and continued demand by consumers for healthier food choices, the Natera™ line continues to gain traction. Increasing demand by parents, an aging population including baby-boomers and athletes alike, are demanding products that fortify quality of health and well-being as evidenced by the continued sales growth."

About Naturally Splendid Enterprises Ltd.

Naturally Splendid's 100% owned NATERA™ line of hemp-based superfood products are carried nationwide by Canada's leading health food distributors and a network of retail stores across Canada including major retailers and specialty stores. Naturally Splendid's recently rebranded "NATERA™" line of products includes natural and flavored shelled hemp seeds as well as natural and flavored hemp protein powders.

Naturally Splendid has an exclusive sales agreement to market and distribute, in North America, the full complement of patent pending, plant-based omega products created by Boreal Technologies. The products include HempOmega™ and H2Omega™, as well as the FlaxOmega™, CanolaOmega™, and ChiaOmega™ plant based omega products. These novel products utilize microencapsulation and liposome technologies and are available in both a powder format and an aqueous solution for increased flexibility in ingredient applications and stand-alone products.

J. Craig Goodwin, CEO & Director

Forward-Looking Statements: Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid's control. Such factors include, among other things: risks and uncertainties relating to the successful testing and evaluation H2Omega™ and HempOmega™ by Calico. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under

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