PRESS RELEASE

from Nepra Foods (isin : CA64067L1094)

Nepra Expedites Novel ProPasta for Retail & Wholesale Distribution

VANCOUVER, BC / ACCESSWIRE / February 28, 2023 / Nepra Foods Inc. (the "Company" or "Nepra") (CSE:NPRA)(FSE:2P6)(OTCQB:NPRFF), creator of nutritious plant-based and allergen-free food, is pleased to announce the advancement of a dried, shelf-stable version of its novel ProPastaTM noodles. The noodles, which are not only gluten and allergen free, are indistinguishable from conventional pasta but contain superior nutritional content with 30 grams of protein, 30 grams of net carbs, and nearly 20 grams of fiber per 100g (dry) serving.

The Company has received strong initial expressions of interest from national retail grocers, subject to the finalization of packaging. The remaining gating items, finalization of retail packaging, and UPC registration are on track to be completed in early March for debut at the Natural Products Expo West in Anaheim, California on March 7th - 11th. Contemporaneously, the Company has engaged food service distributors for restaurant and institutional product placement. Internal production capacity has already been scaled up to exceed initial demand expectations with co-manufacturers engaged to provide additional flexibility.

"Our ProPasta truly has the ability to not only disrupt but vastly expand the pasta market" commented Chadwick White, CEO of Nepra Foods. "Unlike non-conventional pasta offerings on the market, our noodles retain that quintessential ‘al dente' texture and composure when cooked, which allows it to displace traditional pasta as used in conventional Italian dishes and cold salads. We are also able to reintroduce pasta to market segments that would have traditionally avoided it, given their high carb content and lack of nutrition, as we are able to offer a high protein and fiber content with lower net carbs. We are excited to have our ProPasta noodles available at both grocery stores and restaurants across the country."

About Nepra Foods
Nepra is a multi-category market leader in delicious allergen-free and plant-based food ingredients and consumer products. Through technology and a world-leading team of chefs, master bakers, food scientists, and nutrition experts we are solving the nutritional challenges of today and tomorrow.

For further information contact:
Investor Relations
investors@neprafoods.com
1-844-566-1917

Chadwick White, CEO
chadwick.white@neprafoods.com
(720)-729-8500

The CSE has neither approved nor disapproved the contents of this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements
This news release contains statements and information that, to the extent that they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, the statements relating to the Company's financial performance, business development and results of operations. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances, or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.

SOURCE: Nepra Foods



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