Vancouver, BC, Canada, June 4, 2019 – Organto Foods Inc. (TSX-V: OGO, OTC: OGOFF) (‘Organto”). Organto today announced the appointment of Ms. Ine Potting to the position of Business Development Director. Ms. Potting brings over 30 years of fresh fruits and vegetables experience to Organto with deep exposure across a variety of functions including sales and marketing, sourcing and procurement, logistics, supply chain and administration. In this role, Ms. Potting will report to Rients van der Wal, President of Organto Foods Group.
Previously Ms. Potting served as Global Sourcing Director for Scherpenhuizen B.V, a large-scale fresh fruit and vegetable supplier based in the Netherlands, with extensive European procurement and distribution capabilities. Among her accomplishments, Ms. Potting established an import/export department for overseas products from procurement through selling, and in doing so developed an extensive avocado program. Ms. Potting also previously served as Managing Director/Export Manager, Europe for Mission Produce Europe B.V. based in the Netherlands. Mission Produce is one of the largest suppliers of avocado globally. Ms. Potting was responsible for all business operations in Europe including buying, selling, logistics planning, supply chain, operations and administration, and over a three-year period, increased revenues by approximately 20 million Euro.
“I am really pleased to have Ine join the Organto team.” commented Rients van der Wal, President of the Organto Foods Group. “Ine brings deep fresh fruits and vegetable experience to Organto, having experience throughout the entire value chain from procurement through selling. This comes at a key point for Organto as we work to leverage the diverse organic produce supply chains we have worked hard over the last year to establish including organic asparagus, organic green beans, organic snow peas and sugar snaps, organic soft fruits including organic blueberries and blackberries, organic ginger and others. We are excited that Ine will be able to accelerate growth of these categories plus play a key role in expanding our capabilities further.”
ON BEHALF OF THE BOARD
Chair and Interim Chief Executive Officer
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Organto’s business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people and its shareholders. Organto is comprised of two independent business units, i) the Organto Foods Group, and ii) the Organto Global Cannabis Group. The Organto Foods Group is an integrated provider of year-round value-added branded organic vegetables and seasonal organic and non-GMO fruit and vegetable products using an asset-light business model to serve a growing socially responsible and health conscious consumer around the globe. The Organto Global Cannabis Group is focused on the growing market for medicinal cannabis around the world, with initial efforts focussed on key regions of Latin America, utilizing low-cost natural growing operations and a diverse and exclusive IP seed library to deliver the medicinal properties consumers expect.
FORWARD LOOKING STATEMENTS
This news release may include certain forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995 (“forward-looking statements”). In particular, and without limitation, this news release contains forward-looking statements respecting Organto’s current business model and related expertise; Organto’s belief that Ms. Potting’s deep industry experience will be a valuable addition to Organto; Organto’s belief that Ms. Potting’s addition will help accelerate growth in existing categories and expand into others; management’s beliefs, assumptions and expectations; and general business and economic conditions. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation assumptions about the following: the ability and time frame within which Organto’s business model will be implemented; cost increases; dependence on suppliers, partners and contractual counter-parties; changes in the business or prospects of Organto; unforeseen circumstances; risks associated with the organic produce business generally, including inclement weather, unfavorable growing conditions, low crop yields, variations in crop quality, spoilage, import and export laws and similar risks; transportation costs and risks; general business and economic conditions; and ongoing relations with distributors, customers, employees, suppliers, consultants, contractors and partners. and joint venturers. The foregoing list is not exhaustive and Organto undertakes no obligation to update any of the foregoing except as required by law.