Nightfood Ice Cream Preparing for Walmart Launch, Appoints Industry Veteran Jerry Isaacson Chief Financial Officer

Press Release

Tarrytown, NY – (NewMediaWire) – March 15, 2021 – Nightfood, Inc. (OTCQB: NGTF), the better-for-you snack company targeting the $50 billion Americans spend annually on nighttime snacks, announced today that Jerry Isaacson has been appointed Chief Financial Officer of Nightfood Holdings, Inc.Nightfood recently announced that its sleep-friendly ice cream has secured distribution in Walmart stores in multiple regions of the United States.  In addition, a major international hotel brand is currently conducting a corporate-level retail test of Nightfood ice cream in lobby shop freezers. A successful test is expected to result in national placement.  Management is preparing for significant growth from these, and other, initiatives.Isaacson, a CPA, has decades of full-time experience leading and growing start-up and fast-growth ice cream companies as Chief Executive Officer.  He possesses expertise in manufacturing, procurement, inventory management, branding, and enterprise level planning.  Isaacson has founded multiple companies that have manufactured and sold hundreds of millions of ice cream units. His companies have manufactured their own brands, as well as under license from Unilever, Ferrara, Jelly Belly, and the Great American Cookie Company.  Isaacson-led businesses currently supply ice cream and frozen novelty products to top US grocery operations like Target, HEB, and Walmart, alongside system and full service distributors like Performance Food Group and Southeast Frozen Foods.“The specific operational and domain expertise Jerry brings will help us optimize all areas of the business as we enter a rapid phase of expansion and growth,” commented Nightfood CEO and Founder, Sean Folkson. “He has extensive experience supplying ice cream to Walmart and other big box stores, as well as specialized expertise in club channels. In addition to meeting our reporting requirements, Jerry’s role will be focused on procurement, production, streamlining logistics, expense management, integrating additional copackers, and identifying areas of operational improvement as we grow towards profitability.”Mark Noffke, Nightfood’s current Chief Financial Officer, will remain on as an advisor to the Company during the transitionary period for the balance of 2021, and will then move on to other financial endeavors.“Mark has been, and will remain, a great friend and an asset to the Company,” continued Folkson. “I’d like to thank him publicly for his years of outstanding service and support during our infancy.”“I’ve been involved in the development and introduction of many new ice cream and novelty concepts and I believe Nightfood delivers consumer satisfaction with meaningful functional benefits,” offered Isaacson. “I’m looking forward to helping steward the brand and the Company through these exciting times.”“Having worked with Jerry in recent months, I believe this is a great fit for the Company,” remarked Mark Noffke. “I’m excited for the coming Nightfood expansion and look forward to making this transition as smooth as possible for all involved.”About Nightfood Holdings:Nightfood Holdings, Inc. (OTC: NGTF), owns Nightfood, Inc. and MJ Munchies, Inc. Nightfood has expanded distribution for its ice cream into major divisions of the largest supermarket chains in the United States: Kroger (Harris Teeter), Albertsons Companies (Jewel-Osco and Shaw’s and Star Markets), and H-E-B (Central Market) as well as Lowe’s Foods, Rouses Markets, and other independent retailers. On February 23, 2021, the Company announced it has secured distribution in Walmart starting in Spring of 2021.  The number of stores, geographical regions, and flavors selected have not yet been announced.Nightfood won the 2019 Product of the Year award in the ice cream category in a Kantar survey of over 40,000 consumers.   Nightfood was also named Best New Ice Cream in the 2019 World Dairy Innovation Awards.Nightfood has been endorsed as the Official Ice Cream of the American Pregnancy Association and is the recommended ice cream for pregnant women.  There are approximately …