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Denali Ingredients Names New CFO

DENALI INGREDIENTS NAMES LONG-TIME ADVISER ROGER STEENSMA CHIEF FINANCIAL OFFICER

New Berlin, Wis., October, 2017Denali Ingredients, a leading Wisconsin-based ingredients supplier to the food manufacturing industry, today named long-term company adviser Roger Steensma as its chief financial officer. Steensma, former principle partner of a CPA and advisor firm, has provided financial guidance for the business since the inception of Denali Flavors, the West Michigan-based sister company to Denali Ingredients.

“Given his long-standing affiliation with Denali, Roger has a unique and deep understanding of the company’s history and culture that make him uniquely qualified for the CFO position,” Denali Ingredients President Neal Glaeser said. “Roger’s knowledge, skill sets and fit within the company was the perfect solution to further our growth and our mission.”

Steensma will play a key leadership role in in helping the company achieve its growth objectives and he brings with him a deep set of specialties in business financial management, analysis, improvement strategies, mergers and acquisitions, and taxation.

Denali Ingredients purchased a 40-year old Wisconsin-based manufacturing facility in 2006 to expand capabilities and offerings in the of their food ingredients business, with a focus on ice cream ingredients for ice cream and food ingredients business. The company has posted strong and steady growth for the past 11 years. In that time, the Denali Ingredients has doubled its capacity through new investments and upgrades to its production facility, including the expansion of the warehouse in 2016, adding a second production location, and expanding into many new product lines.

“We are fortunate to have a group of incredibly talented individuals at Denali,” Glaeser said. “The company must continue innovating, planning for new capabilities and growth potential, all of which required the addition of Roger’s expertise.”

Steensma is a Certified Public Accountant, holds an MBA, Accounting-Taxation from Michigan State University and has more than 20 30 years of experience in financial analysis and direction.

About Denali Ingredients

Wisconsin-based Denali Ingredients, is a leading supplier of chocolate coatings, fudge sauces, powders, fruit variegates, stabilizers, extruded products, flakes and other ingredients for the dairy, ice cream, bakery and food service industries. Denali Ingredients is a sister company to Michigan-based Denali Flavors, Inc., one of the leading inventors and marketers of specialty flavors for the ice cream industry, including its signature flavor, Moose Tracks®. For more information, please visit www.denaliingredients.com or www.moosetracks.com.###