Smart for Life to Participate in International Society of Sports Nutrition 2024 Congress

June 20, 2024 – 8:30 a.m.

The company works with industry leaders to identify acquisition opportunities in the sports nutrition market

MIAMI, June 20, 2024 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a leading health and wellness company specializing in the marketing and manufacturing of nutritional supplements and foods, today announced its participation in the International Society of Sports Nutrition’s 2024 Conference. Formally known as the ISSN 21st Annual Conference and Expo, the conference is scheduled to take place June 18-20, 2024 in Bonita Springs, Florida, and will provide Smart for Life with an excellent platform to grow its brand and engage with potential acquisition targets and strategic partners.

The ISSN 21st Annual Conference and Expo is the premier event bringing together industry leaders, innovators and experts committed to advancing the field of sports nutrition. Smart for Life’s participation at the conference highlights the company’s commitment to expanding its influence and exploring new opportunities in the sports nutrition segment of the dietary supplement industry.

“Our participation in the ISSN conference represents a strategic initiative to expand our reach and strengthen our position in the sports nutrition market,” said Darren Minton, CEO of Smart for Life. “We look forward to engaging with industry leaders, exploring potential partnerships and identifying acquisition opportunities that align with our growth strategy. Smart for Life supports the expanding dialogue around science-based sports nutrition and continues to serve the sports nutrition community at large.”

Smart for Life will have a dedicated representative at the conference to meet with companies interested in collaboration and business development. Attendees who would like to schedule a meeting with Smart for Life during the ISSN event are encouraged to contact the company directly to make an appointment. The meetings will cover a wide range of opportunities from acquisitions to strategic partnerships and will focus on exploring avenues of collaboration that can drive mutual growth and innovation.

For media inquiries or to request an interview with a Smart for Life representative, please contact media@smartforlifecorp.com

About the International Society of Sports Nutrition (ISSN)

The International Society of Sports Nutrition (ISSN) is a non-profit academic society promoting the science and application of evidence-based sports nutrition and supplements. ISSN is one of the world’s leaders in providing evidence-based sports nutrition and supplements information. ISSN’s peer-reviewed journals (JISSN), conferences and attendees are key influential thought leaders in the field of sports nutrition and supplements. For more information about ISSN, please visit www.sportsnutritionsociety.org.

About Smart for Life, Inc.

Smart for Life, Inc. (Nasdaq: SMFL) is an emerging growth company in the nutritional supplement industry, committed to delivering innovative solutions that promote health and wellness. With a focus on research-driven formulations and a consumer-centric approach, Smart for Life is dedicated to redefining the boundaries of nutritional science. The company develops, markets, manufactures, acquires, operates and sells a broad range of nutritional products. Organized as a publicly traded holding company, the company is executing a buy-and-build strategy with sequential growth-generating acquisitions to create a vertically integrated company. To drive growth and profitability, Smart for Life acquires other profitable businesses, including brands, manufacturing and distribution channels, while developing its own related products. The company recently completed the execution of a restructuring plan that included recapitalization through equity and debt financing, the sale of certain distressed assets, the sale and leaseback of the company’s 18,000 square foot Doral manufacturing facility, and the liquidation of the company’s senior debt facilities. In addition, the company converted significant amounts of debt into equity and significantly improved its balance sheet. The company has signed a definitive agreement to acquire Purely Optimal Nutrition, which is expected to be further accretive to revenue and EBITDA. For more information about Smart for Life, please visit www.smartforlifecorp.com.

Forward-Looking Statements

This press release contains information regarding the Company’s views regarding future expectations, plans and prospects, which constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations regarding Smart for Life’s future economic performance, taking into account currently available information. These statements are not statements of historical fact. Although Smart for Life believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, Smart for Life can give no assurance that the expectations will be achieved. Smart for Life assumes no obligation to update any statements contained herein (including any forward-looking statements), except as required by law. There can be no assurance that Smart for Life will be able to successfully acquire the Acquisition Target. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to the Company, that may cause Smart for Life’s actual results, performance or financial position to differ materially from expectations regarding future results, performance or financial position. Actual results may differ materially from the expectations described in the forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions, and other risks described under “Risk Factors” in our filings with the Securities and Exchange Commission.

Disclaimer

The information provided in this press release is intended for general knowledge only and is not a substitute for professional medical advice or treatment for specific medical conditions. Always consult your physician or other qualified health care provider with any questions you may have regarding a medical condition. This information is not intended to diagnose, treat, cure or prevent any disease.

Investor Relations Contact

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Phone: (212) 671-1021
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