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VANCOUVER, Dec. 4, 2018 /CNW/ - Koios Beverage Corp. (CSE: KBEV) (OTC: KBEVF) (the "Company" or "Koios"), is pleased to announce that, effective Dec. 3, 2018, it has appointed Erik LeVang to the board of directors and as a member of the audit committee of the Company.
Mr. LeVang has established a 20-year record of success as a senior account and Director of Sales for companies selling into large retail networks, such as Walmart, Sam's Club, Costco, Kmart, Kroger, Walgreens, Kohl's, Safeway, Cabela's and Sports Authority, among others.
Mr. LeVang is currently Director of Sales for the multinational toy giant Tomy International, responsible for handling Tomy's largest accounts with companies like Walmart, Walgreen and Kohl's.
Prior to taking a position with Tomy, Mr. LeVang worked in similar senior roles with Swimways Corp, Jarden Corporation, Playtex Products and the Keebler Company.
Koios CEO Chris Miller says the appointment of Mr. LeVang comes as the Denver-based nootropic beverage company is expanding and dealing with requests for products from some of the largest retail networks in the United States.
"We know that to succeed in this world we need to lean on the experience of someone with Erik's deep experience," Miller explained. "Erik has successfully sold into the world's largest retail networks for two decades, and brings us wisdom and a depth of knowledge it would be hard to find in anyone else."
Miller says the change in the board composition is part of a larger plan being rolled out over the coming weeks to move Koios to the next level of retail distribution.
Mr. LeVang says he is excited to work with a company that is at the forefront of an exciting new industry.
"I've spent my entire life working with quality producers of all types of products, and I think I know a winner when I see it," LeVang said. "Koios is already becoming a true leader in the market for nootropic beverages, and I'm excited to see what we can do when we combine their innovations in the beverage industry with my experience in the retail industry."
In connection with Mr. LeVang's appointment, Scott Walters resigned as a director of the Company. The Company thanks Mr. Walters for his service to the Company and wishes him the best for his future endeavours.
On behalf of the Board of Directors of the Company.
KOIOS BEVERAGE CORP.
Chris Miller, CEO and Director
About the Company's Business
The Company is an emerging functional beverage company which has an available distribution network of more than 2,000 retail locations across the United States in which to sell its products. Koios has relationships with some of the largest and most reputable distributors in the United States, including Europa Sports, Muscle Foods USA, KeHE, and Wishing-U-Well. Koios is also the sole owner of Cannavated Beverage Corp., a subsidiary that develops beverage products and formulas for the growing cannabis market. Through its agreement with Keef Brands, the largest producer of cannabis beverages in North America, Cannavated enjoys distribution throughout the State of Colorado and is preparing for distribution in additional US states where cannabis use is legal.
Koios uses a proprietary blend of nootropics and natural organic compounds to enhance human productivity without using harmful chemicals or stimulants. Koios products can enhance focus, concentration, mental capacity, memory retention, cognitive function, alertness, brain capacity and create all day mental clarity. Its ingredients are specifically designed to target brain function by increasing blood flow, oxygen levels and neural connections in the brain.
Koios is one of the only drinks in the world to infuse its products with MCT oil. MCT oil is derived from coconuts and has been shown to help the body burn fat more effectively, create lasting energy from a natural food source, produce ketones in the brain, allowing for greater brain function and clarity, support healthy hormone production and improve immunity. For more information, please visit our website: www.mentaltitan.com.
This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this news release include statements regarding the timing for resumption of trading for the Company's stock. The forward-looking statements reflect management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include general market conditions and other factors beyond the control of the Company. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
Koios has not conducted any scientific studies on the effects of Koios' products which have been evaluated by Health Canada or the U.S. Food and Drug Administration. As each individual is different, the benefits, if any, of taking Koios' products will vary from person to person. No claims or guarantees can be made as to the effects of Koios' products on an individual's health and wellbeing.
SOURCE Koios Beverage Corp.
For further information: Paula Arab, Media and Investor Relations Strategist, [email protected], 403-889-9128