CEO of iFresh Wins Business Pioneer Award

NEW YORK, Dec. 06, 2017 -- iFresh Inc. (NASDAQ:IFMK) (“iFresh” or the “Company”), a leading Asian American grocery supermarket chain and online grocer, announced today that Mr. Long Deng, CEO of the Company, has received the Business Pioneer Award at the Chinese American Citizens Alliance of Greater New York Annual Gala and Award Dinner.

The Chinese American Citizens Alliance of Greater New York is the oldest Asian-American civil rights organization in the United States. The President of the Chinese American Citizens Alliance of Greater New York, Wai Wah Chin, commented: “As an outstanding entrepreneur of the new-generation of Chinese Americans and a proactive pioneer of Chinese politicians, Mr. Deng has been fighting for the rights of Chinese Americans. We appreciate his contribution to the Chinese-American community.”

Mr. Deng, who serves as the president of U.S. Chinese Chamber of Commerce and New York Republican State Committee Finance Co-Chair, stated: “I am honored to receive this award. With increasing Chinese immigration, Chinese-American communities become bigger and increasingly demand better living standards. As an Asian American supermarket chain, iFresh grows with their need for a better life.”

About the Chinese American Citizens Alliance

The Chinese American Citizens Alliance, established in 1895, is the oldest Asian American civil rights organization in the United States. Headquartered in San Francisco with chapter/lodges in Albuquerque (NM), Boston (MA), Chicago (IL), Greater New York, Greater San Gabriel Valley (CA), Houston (TX), Las Vegas (NV), Los Angeles (CA), Mississippi, Oakland (CA), Orange County (CA), Peninsula (CA), Portland (OR), Phoenix (AZ), Salinas (CA), San Antonio (TX), San Francisco (CA), Seattle (WA), Tucson (AZ), and Washington, D.C., the Alliance advocates on issues regarding voter education, political participation, racial discrimination and hate crimes, youth leadership training programs and equal employment opportunities for all Chinese Americans.

About iFresh, Inc.

iFresh Inc., headquartered in New York, New York, is a leading Asian American grocery supermarket chain and online grocer. With nine retail supermarkets in the US and two in-house wholesale businesses strategically located in cities with a highly concentrated Asian population, the Company aims to satisfy the increasing demands of Asian Americans, whose purchasing power has been growing rapidly, for fresh and culturally unique produce, seafood and other groceries that are not found in mainstream supermarkets. With an in-house proprietary delivery network, online sales channel and strong relations with farms that produce Chinese specialty vegetables and fruits, iFresh is able to offer fresh, high-quality specialty perishables at competitive prices to a growing base of customers. For more information, please visit: http://www.ifreshmarket.com/.

Contact:

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