Co-packing Company Entered into a Co-Packing &
Manufacturing Agreement with Wild Society Coffee
PLANO, Texas, April 18, 2022 /PRNewswire/ -- NuZee, Inc.
(NASDAQ: NUZE), a leading co-packing company for single serve
coffee formats, announced today that it has entered a new
co-packing category, single-serve instant coffee, through a
non-exclusive co-packing and manufacturing agreement with Wild
Society Coffee, a coffee roaster crafting gourmet coffee focused on
active conservation efforts in North
America. Through its partnership with NuZee, Wild Society
Coffee will now offer a new single-serve instant coffee format
online.
"We are excited to enter into the gourmet instant coffee
category with our single serve format. Like many of our products,
our single serve instant coffee sticks are compact, easy to use,
and there is no need for any equipment other than a mug and hot
water. It's perfect to use in the outdoors for ultralight hiking,
backpacking, hunting and fishing. We're confident a market exists
for instant coffee amongst the outdoor enthusiasts with whom Wild
Society works," says Travis Gorney,
Chief Innovation Officer at NuZee.
Wild Society Coffee's new single-serve gourmet instant coffee
format offers customers a new way to enjoy their cup of coffee
on-the-go with a blend of specialty grade coffee, including Instant
Microground Honey Coffee, Colombian Blend, and Caramel Mocha. Wild
Society Coffee has pledged its intention to contribute 20% of its
profits, if any, towards actionable conservation projects
throughout North America. For
example, starting in 2021, the premium coffee roaster worked with
the Arizona Game and Fish Department and other volunteers and
sponsors to relocate healthy bighorn sheep herds to their past
environments. The remote locations in Arizona are expected to give the wild sheep an
excellent chance of survival and anticipated population growth.
Future projects are planned to focus on trout breeding to
scientifically restock wild waters and build remote guzzlers to
offer wildlife with sufficient water sources.
"Many of our customers go out in the wild where there are no
stores and getting a good cup of coffee is extremely difficult.
They also carry a lot of gear with them, so the lighter and smaller
the package, the better. This Instant Microground coffee is perfect
for our brand's target audience because it is easy to carry, easy
to prepare and takes up very little space. Most of all, it delivers
an exceptional cup of coffee that we believe tastes even better
when you are surrounded by the beautiful nature this world has to
offer," says Andrew Dunnavant from
Wild Society Coffee.
Wild Society Coffee single-serve instant coffee is expected to
be available starting at $15.95 at
WildSocietyCoffee.com.
NuZee signed a co-packing and manufacturing agreement with Wild
Society Coffee on April 7, 2022,
which is NuZee's first foray into co-packing for the instant coffee
category. This agreement is not exclusive, does not contemplate a
specific minimum number of orders from Wild Society
Coffee, and may be cancelled by either party at any time.
NuZee cannot assure that Wild Society Coffee will submit a
certain number of (or any) orders to NuZee, nor can NuZee
provide any assurance it will recognize any revenues from the
agreement. However, in the event Wild Society Coffee agrees
to purchase $2,000,000 of specified
products from NuZee in a twelve-month period (following Wild
Society Coffee's expected receipt of its first order from NuZee),
the co-packing and manufacturing agreement will become an exclusive
agreement between the parties.
For more information on how to work with NuZee, visit
www.mynuzee.com.
About NuZee Coffee
NuZee, Inc., (NASDAQ: NUZE), is a leading co-packing company for
single serve coffee formats that partners with companies of
all sizes to help them develop within the single serve and private
label coffee category. Providing innovative and eco-conscious
solutions with the flexibility and capacity for both small roasters
and large global brands, NuZee is revolutionizing the way single
serve coffee is enjoyed in the United
States. Through the brand's unique process, NuZee fulfills
every aspect of co-packing needs, from roasting and blending, to
packing and packaging. NuZee has production facilities in
the United States and Korea.
About Wild Society Coffee
Wild Society Coffee provides a high quality, gourmet cup of coffee
to fuel life's adventures. Known for its commitment to animal
conservation, the company works with wildlife ecologists,
educators, and other partners to develop science-based strategies
with real impact. Wild Society Coffee pledges to provide 20% of its
profits, if any, to its actionable conservation projects in
North America. To learn more about
Wild Society Coffee, visit WildSocietyCoffee.com .
Forward-looking Statements
This press release contains forward-looking statements that are
made pursuant to the safe harbor provisions within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. NuZee
cautions you that such statements are simply predictions and actual
events or results may differ materially. These statements reflect
NuZee's current expectations and NuZee does not undertake to update
or revise these forward-looking statements, even if experience or
future changes make it clear that any projected results expressed
or implied in this or other NuZee statements will not be realized.
Further, these statements involve risks and uncertainties, many of
which are beyond NuZee's control, which could cause actual
results to differ materially from the forward-looking
statements. These risks and uncertainties, many of which are beyond
our control, include: the fact that the agreement is non-exclusive
and does not obligate Wild Society Coffee to submit any purchase
orders at all and may be cancelled by either party at any
time, NuZee's reliance on third-party roasters to roast coffee
beans necessary to fulfill NuZee's co-packing services, NuZee's
plan to obtain funding for its operations, including funding
necessary to develop, manufacture and commercialize its products;
the impact to NuZee's business from the COVID 19
global crisis, including any supply chain interruptions;
general market acceptance of and demand for NuZee's products; and
NuZee's commercialization, marketing and manufacturing
capabilities and strategy; for description of additional
factors that may cause NuZee's actual results, performance or
expectations to differ from any forward looking statements, please
review the information set forth in the 'Risk Factors' and "
Management's Discussion and Analysis of Financial Condition and
Results of Operations" sections of the NuZee's public reports and
NuZee's other filings made with the SEC.
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SOURCE NuZee, Inc.