Theo Chocolate Expands Distribution to Canada

  Theo Chocolate Expands Distribution to Canada

  Company’s High-Quality, Ethically Sourced Products Now Available in All 50
                   U.S. States and Four Canadian Provinces

Business Wire

SEATTLE -- November 12, 2013

Theo Chocolate, an award-winning bean-to-bar chocolate maker, today announced
plans to expand distribution beyond the U.S. to retailers in Canada’s British
Columbia, Ontario, Alberta, and Saskatchewan provinces. By the end of 2013,
Theo products will be available in more than 4,000 grocery, drug, and
specialty stores across North America.

“Our expansion represents an increase in demand for high-quality products that
are made with social and environmental impacts in mind,” said Joe Whinney,
Theo founder and CEO. “We believe product quality and responsible practices go
hand in hand, and we look forward to offering Canadian consumers an
opportunity to taste the difference.”

Theo upholds high standards for both its sourcing and manufacturing practices,
earning Organic, Fair Trade, Fair for Life, and Non-GMO certifications. As an
extension of the company’s commitment to transparency across its operations,
Theo was an avid supporter of Washington State Initiative 522, which called
for clear labeling of products that contain genetically modified organisms.
All of Theo’s dark chocolate products are certified by the Non-GMO Project.

From farm to factory, Theo oversees the entire chocolate production process.
By providing farmers with technical and educational resources and importing
directly from them, the company is able to help improve economic opportunities
in its cocoa sourcing regions, such as the Democratic Republic of the Congo
and Peru. Theo often pays more than twice the conventional market price per
pound for cocoa, and in 2014 the company will pay approximately $1 million USD
in premiums to cocoa farmers.

“We first began distributing Theo products to our customers in 2007,” said
Mark Christianson, United Natural Foods, Inc. “The brand’s quality and values
are perfectly aligned to meet our customers’ needs. We’re looking forward to
making Theo chocolate more widely available in stores across North America in
the coming months.”

Since its founding in 2006, Theo has grown from a five-person team to a staff
of 95 employees at the company’s factory in Seattle, Wash. In 2014 Theo is
projected to produce more than 1.5 million pounds of chocolate.

For more information about Theo Chocolate or to purchase online, visit
theochocolate.com. For daily news and events, find Theo on Facebook and
Twitter.

About Theo Chocolate

Since 2006, Theo Chocolate has been committed to responsibly sourcing and
manufacturing the highest quality chocolate in the world. As the first
bean-to-bar maker of Organic, Fair Trade, Fair for Life, and Non-GMO certified
chocolate in North America, Theo is creating delicious products while working
to improve livelihoods and protect the environment in farm and factory
communities alike. To find Theo chocolate at a retailer near you and learn
more about how the company puts its passion into practice, visit
theochocolate.com.

Contact:

Edelman for Theo Chocolate
Jackie Newman, 206-268-2232
Jackie.Newman@Edelman.com