Peekaboo Beans Provides Stellar Corporate Update

Vancouver, British Columbia (FSCwire) - Peekaboo Beans Inc. (“Peekaboo Beans” or the “Company”) (TSXV-BEAN), a direct-sales retailer of children’s apparel, is pleased to update its shareholder with a stellar update.

Peekaboo Beans is pleased to announce that 24% of sales captured in January comes from the United States. In previous years the company solely depended on Canadian revenue. Traci Costa, CEO of Peekaboo Beans states, “This is a giant milestone for our company, the infrastructure is in place, the recruiting system is working and having US revenue drastically improves our bottom line and growth momentum”

The Company recently launched its $49.00 “Petite Boutique in a Box”, making the business opportunity more accessible for everyone to join. “The increase in Stylists this January is extremely exciting for the Company. The goal with a low-cost entry point is making entrepreneurship accessible and affordable to anyone in North America”, states Cindy Tokoly, Peekaboo Beans, Director of Sales and Field Development.

Recently the company stylists have been leveraging big box shops such as Pottery Barn who allow “pop ups shops” within their operations. With increased traffic at these locations and ideal target market they anticipate great sales and recruiting from these activities. “Our stylists are creative and bold when it comes to their businesses, it did not surprise me at all that they are leveraging such great opportunities to expose and grow their businesses.” States Ms. Costa.

The company also reports is has been in talks with a reputable third-party partner to take them into the Japanese market. The Japanese market is poised to adopt a direct sales company with the right fundamentals such as Peekaboo Beans. The company’s culture, product, mission and vision resonates with the Japanese culture and we are excited of the possibility of launching in a third country.

Peekaboo Beans is one of the only Canadian companies with almost one hundred percent female staff infrastructure, with various positions from executives, staff and Board of Directors, to thousands of women that own independent businesses. Peekaboo Beans champions women in business and welcomes any business owners, fathers, grandparents, and aunts alike.

About Peekaboo Beans

Peekaboo Beans Inc. is a high-quality, ethically manufactured children's apparel brand sold exclusively through its direct-sales network of Stylists or independent sales representatives. In line with its mission, Peekaboo Beans develops custom fabrics and designs its apparel to promote play in children's lives. Through the direct-sales model, Peekaboo Beans trains women to be entrepreneurs, build a business and generate income on their own terms.

Peekaboo Beans has 14,488,701 Common Shares and 1,794,369 warrants outstanding and is the first and only Canadian public company with a majority female board of directors

Forward-Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may include forward-looking information that is subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from those contained in forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include, but are not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

For further information, please contact:

Peekaboo Beans Inc.
Ms. Traci Costa
CEO and President

+(604) 279-2326
[email protected]

Investor Relations:
investors.peekaboobeans.com
1-855-692-3267 [email protected]

SOURCE: Peekaboo Beans Inc.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/peekaboobeam01182018.pdf

Source: Peekaboo Beans Inc. (TSX Venture:BEAN, OTC Bulletin Board:PBBSF, FWB:1Z1)

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