VANCOUVER, BC, Nov. 30, 2021 /CNW/ - NEXE Innovations
Inc. ("NEXE" or the "Company"), (TSXV: NEXE) (OTC Markets:
NEXNF) (Frankfurt: NX5), is pleased to announce that both its XOMA
Superfoods and NEXE Coffee beverages are going to be
available for sale on ECSCoffee.com in December 2021.
ECS Coffee brings a unique shopping experience to customers
that combines an unbeatable selection of high quality brands with
cutting edge technology and passionate and knowledgeable customer
service. In addition to helping pioneer the distribution of
single-serve coffee pods in Canada
in 2006, ECS has launched over 20 well-known coffee brands to
coffee lovers through distribution, retail, e-commerce, and
sampling programs across the country. The distribution
partnership enables NEXE to have additional exposure to online
consumers across Canada
NEXE Coffee and XOMA Superfoods pods are compatible with Keurig®
single-serve brewing systems. XOMA Superfoods is set to be the
first superfoods-focused beverage brand on the platform.
"Working with distribution partners such as ECS Coffee is an
excellent opportunity for NEXE to continue to introduce our
products to new customers seeking convenience and high-quality
coffee beverages while reducing single-serve waste This promotion
will serve to complement our direct-to-consumer efforts and growing
list of retail offerings on the horizon," said Ash Guglani,
President of NEXE. "Our environmentally-friendly pod was engineered
to maximize coffee extraction, be self-protected and prevent
exposure to oxygen and water vapour to maintain freshness."
NEXE's sustainable pods are produced in Canada and packed with organic coffee from
carefully selected ethically sourced producers in Peru. The organic coffee beans are carefully
procured from a producer in Peru
and brought to the facility in British
Columbia, where they are roasted, ground and packed into the
NEXE Pod. The single-serve, proprietary, plant-based NEXE pods are
made from 100% compostable materials, manufactured in North America, and break down completely in
municipal composting facilities in as few as 35 days.
"We are very excited to launch the NEXE pod at ECS Coffee. We
have been retailing and distributing single-serve coffee pods in
Canada for over 15 years. NEXE is
the first premium coffee pod to offer our customers a true
earth-friendly coffee option for their Keurig® brewer. And having
tasted the coffees this past week, I immediately placed an order.
The quality is outstanding," said Neil
Madden, President of ECS Coffee.
Mordor Intelligence estimates that the single-serve coffee
pod and capsule market was valued at US$25.07 billion in 2020, and it is projected to
register a CAGR of 7.07% during the period between 2021-2026.
Get more information about NEXE Innovations online at:
https://nexeinnovations.com/
Learn more about XOMA superfoods online at:
https://xomasuperfoods.com/
Learn more about NEXE Coffee online
at: https://nexecoffee.com/
NEXE Innovations Inc. is not affiliated with, endorsed, or
sponsored by Keurig®. Keurig® is a registered trademark of Keurig
Dr Pepper Inc.
**NEXE Innovations Inc. is not affiliated with, endorsed, or
sponsored by Nespresso®. Nespresso® is a registered trademark of
Société des Produits Nestlé S.A.
About XOMA Superfoods
XOMA Operations Inc. is a
subsidiary of NEXE Innovations Inc. XOMA Superfoods produces and
distributes high-quality coffee and superfood ingredients packaged
exclusively in single-serve, fully compostable, plant-based pods.
Learn more: https://xomasuperfoods.com/ and find XOMA on
Instagram at @xomasuperfoods
About NEXE Innovations Inc.
NEXE Innovations Inc. is a
plant-based compostable technology and advanced materials
manufacturer based in British Columbia,
Canada. The Company has developed one of the only patented,
fully compostable, plant-based, single-serve coffee pods in leading
single-serve coffee machines. The proprietary NEXE pod is designed
to reduce the significant environmental impact caused by
single-serve pods, >50 billion of which are discarded every
year. With over $60M raised to date
from equity and government funding and more than five years of
R&D, NEXE is well-positioned to meet the growing demand for
environmentally friendly and sustainable products in the
single-serve coffee sector and beyond. Learn
more: https://nexeinnovations.com/
Social Media
https://twitter.com/nexeinnovations
https://www.facebook.com/nexeinnovations
https://www.linkedin.com/company/nexeinnovations
https://www.instagram.com/nexeinnovations
Neither the TSX Venture Exchange nor its Regulation
Service Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this release are forward-looking
statements or information, which include the proposed use of
proceeds, commercialization of the NEXE PODs, including the NEXE
Nespresso Compatible Pod, the NEXE Keurig compatible pod, the XOMA
Superfoods product lines, development of the NEXE Mask, and
increase production capacity, growth in our distribution channels,
creation of other environmentally friendly compostable packaging
opportunities, development of technologies, the potential of the
Company's technology, future plans, regulatory approvals and other
matters. Forward-looking statements consist of statements that are
not purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Such
information can generally be identified by the use of
forwarding-looking wording such as "may", "expect", "estimate",
"anticipate", "intend", "believe" and "continue" or the negative
thereof or similar variations. The reader is cautioned that
assumptions used in the preparation of any forward-looking
information may prove to be incorrect. Events or circumstances may
cause actual results to differ materially from those predicted, as
a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company,
including but not limited to, business, economic and capital market
conditions, the ability to manage operating expenses, consumer
demand for and sentiment towards the Company's products, security
threats, dependence on key personnel, shortage of qualified
personnel and supply chain disruptions. Such statements and
information are based on numerous assumptions regarding present and
future business strategies and the environment in which the Company
will operate in the future, including the demand for its products,
anticipated costs, and the ability to achieve goals. Factors that
could cause the actual results to differ materially from those in
forward-looking statements include, failure to obtain regulatory
approval, the continued availability of capital and financing,
equipment failures, litigation, increase in operating costs, the
impact of Covid-19 or other viruses and diseases on the Company's
ability to operate, competition, failure of counterparties to
perform their contractual obligations, government regulations, loss
of key employees and consultants, and general economic, market or
business conditions. Forward-looking statements contained in
this news release are expressly qualified by this cautionary
statement. The reader is cautioned not to place undue reliance on
any forward-looking information.
The forward-looking statements contained in this news release
are made as of the date of this news release. Except as
required by law, the Company disclaims any intention and assumes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
_______________________________________________________________________________
[1]
|
https://www.mordorintelligence.com/industry-reports/coffee-pods-and-capsules-market
|
[2]
|
https://www.newstalk.com/news/over-56-billion-coffee-capsules-to-go-to-landfill-this-year-492445
|
View original content to download
multimedia:https://www.prnewswire.com/news-releases/nexe-coffee-and-xoma-superfoods-to-be-available-on-ecscoffeecom-301433763.html
SOURCE Nexe Innovations Inc.