IRVINE, CA -- (Marketwire) -- 11/14/12 -- Versant International Inc. (OTCQB: VINTB), a diversified financial holding company focusing on investments in environmentally responsible, profitable and growing companies, announced today that one of its subsidiaries, Grocers Direct LLC., has a new partnership with Whale Tails Tortilla Chips.
In 2006 Ric and Terry Kraszewski started Whale Tails Tortilla Chips, a premium brand of organic tortilla chips that are shaped like a whale's tail, an idea grown from their Southern California roots and their deep connection to the ocean. This kosher product is made from Non-GMO corn, and is gluten-free, low in sodium with zero trans fat and no preservatives. Whale Tails Tortilla Chips, which come in three unique flavors, and two convenient sizes, works closely with the Wyland Foundation, the creator of the unique artwork for its bags. Whale Tails Tortilla Chips donates 10% of its profits to this charitable organization, which helps children and families around the nation rediscover the importance of healthy oceans and waterways through public art programs, classroom science education, and live events. The bags used in packaging Whale Tails chips are also completely degradable, regardless of how they are disposed.
Glen Carnes, CEO of Versant International, stated, "Whale Tails Tortilla Chips is a perfect fit for the Grocers Direct portfolio, which has a specific focus on those companies that adhere to the highest standards of quality, as well as economic and environmental responsibility."
In recent years, U.S. retail sales of natural and organic foods and beverages have far outpaced that of conventional groceries. According to market research publisher Packaged Facts, the natural and organic food market is expected to reach nearly $80 billion by 2015, with demand for gluten-free products projected to grow at a 25% CAGR through 2015.
About Versant International
Headquartered in Irvine, California, Versant International is a diversified financial investment company that evaluates acquisition and investment opportunities with a focus on businesses of profitable and growing, environmentally responsible, companies. Versant International uses a superior team of financial research experts and in-house environmental responsibility analysis to make recommendations for strategic acquisitions. For more information, please visit our website at www.versantinternational.com
About Grocer's Direct
A portfolio company of Versant International, Grocers Direct, LLC. is a Newport Beach, CA based food brokerage and distribution firm. The Company concentrates on emerging brands in the natural and organic foods arena. Grocers Direct brings with them valuable partnerships, creative marketing and deep industry relationships.
Cautionary Statement Regarding Forward-Looking Statements
This release may include forward-looking statements. These forward-looking statements are based on current expectations that involve risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may differ materially. These risks include: unforeseen challenges with respect to product development and the timing thereof; integration efforts relating to our acquisition activities; and other risks detailed from time to time in the Company's Securities and Exchange Commission reports, including but not limited to the Annual Report on Form 10-K for the most recent year ended. Pursuant to the Private Securities Litigation Reform Act of 1995, the Company does not undertake to update forward-looking statements contained within this news release.
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