Glow Holdings Inc. Issues Update on Timing of Cedar River Foods, LLC Merger

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IRVINE, CA / ACCESSWIRE / October 16, 2014 / Glow Holdings, Inc. (OTC Pink: GLOH) GLOH announced today that the company now plans to close the merger with Cedar River Foods, LLC by October 24, 2014. Steve Tan, the President of Glow Holdings, stated "Due to unforeseen circumstances the merger of Glow Holdings with Cedar River Foods, as announced in the company's last press release, has taken longer than anticipated. At this point we are on target to close the merger by October 24, 2014. We felt it was important to provide an update on the timing to our shareholders."

As announced in Glow Holdings' prior press release, Glow Holdings signed a definitive agreement to merge Cedar River Foods LLC, such that at the closing of the merger, Cedar River Foods, LLC will be merged into a wholly-owned subsidiary of Glow Holdings, Inc., with the Glow subsidiary remaining as the surviving entity after the merger. The surviving subsidiary will continue to execute the current business initiatives of Cedar River Foods, growing the current product line into additional retail pipelines. The company will also plan to introduce new product offerings and business initiatives by leveraging the current retail consumer goods and retail food products core competencies.

About Glow Holdings, Inc.:

Glow Holdings, Inc. is a holding company traded on the Current Information tier of OTC Markets, Inc. Glow Holdings intends to explore acquisitions in a variety of different market segments.

About Cedar River Foods, LLC:

Cedar River Foods, LLC, is a food manufacturer based in Seattle, Washington. Cedar River Foods uses innovative, proprietary technology and expertise to make unique, delicious food products. The Ultimate Pancake Sandwich is the first product launched by Cedar River Foods, and can be found in grocery stores such as Kroger, Thriftway, as well as other specialty retailers. 

Forward Looking Statements:

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This news release contains certain "forward-looking statements." Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company's control. The forward-looking statements are also identified through the use of words "believe," "enable," "may," "will," "could," "intends," "estimates," "anticipates," "plans," "predicts," "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from these forward-looking statements as a result of a number of factors. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved.

CONTACT:

RJ Selfridge
info@glowholdings.com

 

SOURCE: Glow Holdings, Inc.

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