Vancouver, British Columbia, Canada – TheNewswire - August 2, 2023. Vegano Foods Inc. (CSE:VAGN) (OTC:VAGNF) (“Vegano” or the “Company”), an innovator in the plant-based food industry, is thrilled to announce the research and design of NutriBot, an AI-powered health and wellness application being created for Vegano by a third party developer. NutriBot is being designed as a personal supplement and health advisor, providing users with tailored guidance for physical exercise and nutritional needs.

NutriBot has been conceptualized with the vision of empowering individuals to achieve their wellness goals efficiently and effectively. With Vegano’s commitment to promoting healthier lifestyles and a sustainable future, the Company aims to assist users in making informed decisions about their dietary and fitness choices through the NutriBot application.

NutriBot has been conceptualized to include the following core features (none of which can be guaranteed):

• Personalized Supplement Recommendations: NutriBot having the ability to analyze users' unique nutritional requirements based on factors such as age, gender, weight, fitness goals, dietary preferences. By harnessing the power of AI, the goal of the application is to provide custom-tailored supplement recommendations to bridge nutritional gaps. 

• Comprehensive Health Advisor: NutriBot acting as a knowledgeable health advisor, offering insights into proper physical exercise routines, workout techniques, and recovery strategies. The app is being designed to utilize a user-friendly interface intended for individuals of all fitness levels.  

• Seamless Integration with Wearable Smart Devices: To enhance data tracking and analysis, NutriBot being integrated with a wide range of wearable smart devices to provide users with the ability to seamlessly sync their health and fitness data, allowing the application to provide real-time feedback and progress monitoring. 

Mr. Ricky Gorya, Interim CEO of Vegano, expressed his enthusiasm about the potential impact of NutriBot on the health and wellness industry: "At Vegano Foods, we believe in promoting holistic well-being through sustainable and innovative solutions. NutriBot represents a step towards empowering individuals to take control of their health with personalized guidance and support. We envision NutriBot becoming an integral companion to our users' wellness journey."

The research and development of NutriBot has commenced with the design of a user-friendly interface to provide a seamless user experience.  NutriBot remains in the conception and design stage, has not yet been finalized and has not been made available for download. Pending any unexpected delays, Vegano anticipates launching NutriBot later this year to begin assisting users with embracing healthier lifestyles and achieving their fitness aspirations.

About Vegano Foods Inc.

Vegano Foods Inc. is a public company operating in the plant-based food industry. The Company is committed to providing high-quality, sustainable, and delicious plant-based alternatives to traditional animal-based products. With a mission to promote a healthier and more eco-friendly world, Vegano focuses on innovation and investment in technologies to deliver quality products and experiences.

ON BEHALF OF THE BOARD OF DIRECTORS

Ricky Goraya, Interim CEO and Director

604-265-3398

For media inquiries or more information about NutriBot and Vegano Foods Inc., please contact:

Ricky Goraya

Email: hello@veganofoods.com

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.

Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to: the research and development of NutriBot; the core features of NutriBot including Nutribot providing personalized supplement recommendations;  NutriBot being a comprehensive health advisor and Nutribot seamlessly integrating with wearable smart devices; the Company assisting users in making informed decisions about their dietary and fitness choices through the NutriBot application; NutriBot becoming an integral companion to the Company’s users' wellness journey; the continued development and launch timing of Nutribot, and Nutribot’s anticipated assistance and benefits to users. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipates”, “expects”, “intends”, “will”, “aims”, “plans” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including the continued development and successful launch of Nutribot in a timely manner; key personnel and the third party developer’s’ continuing involvement with the Company and Nutribot; a continued working relationship between the Company and the third party developer until the Nutribot launch; no changes to the laws applicable to the Company or AI which would have a adverse material effect on the Company; and the Company’s ability to finance or secure additional financing on reasonable terms, as required to complete the development of Nutribot.  Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

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