Clearwater Seafoods Continues Success with Expanded Product Offerings

BEDFORD, NS, March 11, 2015 /PRNewswire/ - Clearwater Seafoods (Clearwater) achieved its strongest year of sales and adjusted EBITDA in 2014.  To drive future growth, the company recently expanded its value-added portfolio with the launch of four new scallop and shrimp products including: Scallop Selects, Bacon Wrapped Scallop Selects, Shrimp with Scallops & Sauce and Shrimp & Sauce. All products will be available to foodservice operators and grocery retailers across North America. Clearwater will showcase the new items at the Seafood Expo North America (SENA) show on March 15-17 in Boston.

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"Consumers care more than ever about the foods they're eating and are looking for products reflecting culinary trends," said Jeff Duffin, global vice president of marketing. "Our R&D and culinary teams continue to work with high quality, sustainably-sourced and Marine Stewardship Council (MSC) certified seafood to deliver our newest formats and flavor profiles."

Scallop Selects and Bacon Wrapped Scallop Selects

Clearwater Seafoods' Scallop Selects are made by forming its finest natural and wild-caught Patagonian scallops into larger uniform medallions and then individually quick freezing them for freshness. Easy on the wallet and big on taste, Scallop Selects and companion product Bacon Wrapped Scallop Selects are highly versatile for a number of applications. They're a great value alternative to sea scallops, yielding a remarkably similar appearance, taste and texture - giving operators and consumers a high-quality alternate to this popular seafood item.

Shrimp with Scallops & Sauce and Shrimp & Sauce

Two new varieties of the company's award-winning, sauce-coated products will be introduced at SENA. Shrimp with Scallops & Sauce is an addition to the company's highly successful Scallops & Sauce line. Wild-caught coldwater shrimp and tender, bite-size Argentine scallops are coated in gluten-free Garlic Cream, Tomato Cream or Zesty Marinara sauces. They can be prepared in just minutes and customized with favorite ingredients for a variety of distinct dishes. Shrimp & Sauce, offered with either gluten-free Garlic Cream or Zesty Marinara sauces, can also be prepared in minutes for a gourmet meal.

The Scallops & Sauce line of products, recognized as a 2013 Best New Product at the Canadian Grand Prix New Product Awards Gala and also named a Best New Products of 2013 by Seafood International, reflect consumers' demand for flavorful, easy-to-prepare, restaurant quality at-home meals.

About Clearwater Seafoods

Clearwater Seafoods (TSX:CLR) is one of North America's largest vertically-integrated seafood companies with over 1,400 employees in offices, plants and vessels around the world. The Nova Scotia-based company operates from 'ocean to plate,' owning fishing quotas, vessels, processing facilities, and providing delivery to customers worldwide. It's recognized globally for its wild-caught and premium-quality scallops, lobster, clams, coldwater shrimp and crab. Since its founding in 1976, Clearwater has invested in its resource ownership and management to sustain and grow its wild seafood resource. This commitment has established Clearwater as a global leader in sustainable seafood excellence.

SOURCE Clearwater Seafoods Incorporated

Related Links

http://www.clearwater.ca