SAN DIEGO, CA--(NewMediaWire - Jul 13, 2016)
- Fresh Healthy Vending International,
Inc. (OTCQB: VEND), the nation's leading healthy vending
franchisor announced today that it has changed its corporate name
to Generation NEXT Franchise Brands, effective immediately. The
name change is the beginning of a focused initiative to continue
the growth of the company and expand its reach with new and
innovative franchise concepts. As Generation NEXT Franchise Brands,
the Company will showcase three global concepts that will include
the original Fresh Healthy Vending, the recently launched Reis and
Irvy's® Frozen Yogurt Kiosks and the upcoming corporate-owned 19
Degrees™ Premium Frozen Yogurt.
This includes the Company's recent announcement of the official
launch of their second franchise concept, the ground-breaking Reis
and Irvy's Frozen Yogurt Kiosk, the world's first and only
interactive, robotic frozen yogurt vending system, The robotic
kiosks dispense custom frozen yogurt creations and offer nine
flavors, six choices of toppings and all within 60 seconds or less.
The response to this concept has been impressive and has sparked
the Company to focus on a shift to concept expansion, which will
also include a newly announced third concept, 19 Degrees, a
corporate-focused brand extension of the frozen yogurt
kiosks.
"With the addition of Reis & Irvy's to our portfolio, the
continuation of our Fresh Healthy Vending brand and the potential
opportunities that we are already seeing with our newly developed
19 Degrees initiative, we felt it was time to position ourselves
not as a one-concept company, but as the ambassador to multiple
franchise opportunities," said Nick Yates, Chairman of Generation
Next Franchise Brands. "Fresh Healthy Vending, Reis and Irvy's and
19 Degrees are just the beginning. Our goal is to continue to
identify what we deem to be next generation, first-to-market
opportunities. Opportunities that will expand our concept portfolio
in the future and that already have shown (like Reis and Irvy's)
early proven success in the marketplace. It's a very exciting time
for us."
The Company's Reis and Irvy's frozen yogurt robot was recently
recognized as a future trend in vending by Forbes
Magazine. With three impressive franchises already in motion,
Yates added that the Company looks to add five concepts within the
next five years.
With growth, expansion and an eye on the future, Generation NEXT
is focused on paving the way for the "next generation" of franchise
opportunities.
Business owners and school administrations interested in adding
Fresh Healthy Vending machines to their locations can get more
information by visiting www.freshandhealthy.org or calling
888-902-7558. Potential Reis & Irvy's franchisees can find more
information by contacting the company directly at 855-385-5333 or
by visiting www.reisandirvys.com.
This information is not intended as an offer to sell, or the
solicitation of an offer to buy, a franchise. It is for information
purposes only. No Reis and Irvy's franchises will be sold to any
resident of any state until the offering has been exempted from the
requirements of, or duly registered in and declared effective by,
such state and the required FDD (if any) has been delivered to the
prospective franchisee before the sale in compliance with
applicable law. Currently, the following states in the United
States regulate the offer and sale of franchises: California,
Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York,
North Dakota, Oregon, Rhode Island, South Dakota, Virginia,
Washington, and Wisconsin. If you reside in one of these states, or
even if you reside elsewhere, you may have certain rights under
applicable franchise laws or regulations.
Generation NEXT Franchise Brands
Generation NEXT Franchise Brands, based in San Diego, California,
is North America's leading healthy vending franchisor. Generation
NEXT pioneered the concept of vending machines stocked with
tried-and-tested fresh, healthy snack options to serve the growing
market of health-conscious consumers. The Company has over 245
active franchisees throughout the United States, Canada, Puerto
Rico and the Bahamas, and continually looks to partner with
like-minded entrepreneurs who share its vision. With its latest
offering, the Reis and Irvy's frozen yogurt kiosk, Generation NEXT
is taking the next step in the Company's evolution.
The Company has booked over 3000 machines for placement in
schools, universities, hospitals, community centers, military
bases, airports, fitness facilities, YMCAs, libraries and many
other locations.
Generation NEXT Franchise Brand's stock is traded on the OTC
Markets, Symbol: VEND.
Cautionary note on forward-looking statements
Except for historical information contained in this release,
statements in this release may constitute forward-looking
statements regarding assumptions, projections, expectations,
targets, intentions or beliefs about future events that are based
on management's belief, as well as assumptions made by, and
information currently available to, management. While the Company
believes that expectations are based upon reasonable assumptions,
there can be no assurances that goals, results and strategy will be
realized. Numerous factors, including risks and uncertainties,
terms and availability of financing, may affect actual results and
may cause results to differ materially from those expressed in
forward-looking statements made by the Company or on its behalf. In
addition to statements, which explicitly describe risks and
uncertainties, readers are urged to consider statements labeled
with such terms as "believes," "belief," "expects," "intends,"
"feels," "anticipates," "proposes," "proposed," or "plans" to be
uncertain and forward-looking. More detailed information on these
and additional factors that could affect Generation NEXT's actual
results are described in Generation NEXT's filings with the
Securities and Exchange Commission, including its most recent Form
10-Q's for the quarterly periods ended March 31, 2016, December 31,
2015 and September 30, 2015, and its annual report on Form 10-K for
the fiscal year ended June 30, 2015. All forward-looking statements
in this news release speak only as of the date of this news release
and are based on Generation NEXT's current beliefs and
expectations. Generation Next undertakes no obligation to update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required by
law.