GURU Organic Energy Corp. (TSX: GURU) (“
GURU” or
the “
Company”), Canada’s leading organic energy
drink brand1, today announced the official launch of its new ZERO
SUGAR category, starting with its mesmerizing GURU Zero Wild Berry.
Carl Goyette, President and CEO of GURU stated:
“With the new GURU Zero line, we're targeting a new, fast-growing
trend of consumers who are looking for energy drinks that can boost
their metabolism without compromise: ZERO SUGAR, ZERO SUCRALOSE,
ZERO ASPARTAME AND ZERO ARTIFICIAL INGREDIENTS. Through our
leading-edge R&D capabilities, GURU has once again hit the mark
with another great tasting natural energy drink with a new
functionality that supports active lifestyles and improved physical
performance.”
This initial launch of GURU Zero to Quebec
retailers and Canadian online platforms will be supported by a
comprehensive marketing campaign, which will include in-store
promotions and activations, combined with high-impact in-store
displays, all supported by a strategy of digital media placements,
social media content and influencers, as well as special
events.
GURU Zero Wild BerryGURU Zero
Wild Berry is made from a unique blend of natural ingredients that
help BOOST METABOLISM.
WILD ON TASTE, ZERO ON SUGAR: With zero sugar,
zero artificial flavors and the rich taste of wild berries,
consumers can let their awakened energy run wild with absolutely
zero regrets.
NATURAL ENERGY THAT LASTS: GURU Zero is packed
with 140 mg of natural caffeine.
METABOLISM BOOST: The combination of caffeine,
EGCG and catechins, a form of green tea polyphenols, has been
clinically studied to boost metabolism, help burn more calories and
convert energy faster to support active lifestyles and improved
physical performance.
“GURU Zero is a major R&D breakthrough for
us,” said Luc Martin-Privat, PharmD, GURU's Brewmaster and Vice
President of R&D and Innovation. “After years of dedicated
research, we are proud to present this premium organic sugar-free
energy drink with metabolism-boosting functionalities and
unparalleled taste. We've triumphed in harnessing our unique
zero-sugar formula to deliver a taste sensation that we believe
will delight every palate. We're also working on adding more
delicious flavors to complete this new zero sugar product
line.”
About GURU ProductsGURU energy
drinks are made from a short list of plant-based active
ingredients, including natural caffeine, with zero sucralose and
zero aspartame. These carefully sourced ingredients are crafted
into unique blends that push your body to go further and your mind
to be sharper.
About GURU Organic EnergyGURU
Organic Energy Corp. (TSX: GURU) is a dynamic,
fast-growing beverage company that launched the world’s first
natural, plant-based energy drink in 1999. The Company markets
organic energy drinks in Canada and the United States through an
estimated distribution network of about 25,000 points of sale, and
through www.guruenergy.com and Amazon. GURU has built an inspiring
brand with a clean list of organic ingredients, including natural
caffeine, with zero sucralose and zero aspartame, which offer
consumers Good Energy that never comes at the expense of their
health. The Company is committed to achieving its mission of
cleaning the energy drink industry in Canada and the United States.
For more information, go to www.guruenergy.com or follow us
@guruenergydrink on Instagram, @guruenergy on Facebook and
@guruenergydrink on TikTok.
1 Nielsen: 52-week period ended January 27, 2024, All
Channels, Canada vs. the same period a year ago.2 SPINS data:
52-week period ended December 2, 2023.
For further information, please
contact:
GURU Organic EnergyInvestorsCarl
Goyette, President and CEOIngy Sarraf, Chief Financial
Officer514-845-4878investors@guruenergy.com |
MediaLyla RadmanovichPELICAN
PR514-845-8763media@rppelican.ca |
|
|
Francois Kalos |
|
francois.kalos@guruenergy.com |
|
|
|
Forward-Looking InformationThis
press release contains “forward-looking information” within the
meaning of applicable Canadian securities legislation. Such
forward-looking information includes, but is not limited to,
information with respect to the Company’s objectives and the
strategies to achieve these objectives, as well as information with
respect to management’s beliefs, plans, expectations,
anticipations, estimates and intentions. This forward-looking
information is identified by the use of terms and phrases such as
“may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”,
“anticipate”, “plan”, “believe” or “continue”, the negative of
these terms and similar terminology, including references to
assumptions, although not all forward-looking information contains
these terms and phrases. Forward-looking information is provided
for the purposes of assisting the reader in understanding the
Company and its business, operations, prospects and risks at a
point in time in the context of historical and possible future
developments and therefore the reader is cautioned that such
statements may not be appropriate for other purposes.
Forward-looking information is based upon a number of assumptions
and is subject to a number of risks and uncertainties, many of
which are beyond management’s control, which could cause actual
results to differ materially from those that are disclosed in or
implied by such forward-looking information. These risks and
uncertainties include, but are not limited to, the following risk
factors, which are discussed in greater detail under the “RISK
FACTORS” section of the annual information form for the year ended
October 31, 2023: management of growth; reliance on key
personnel; reliance on key customers; changes in consumer
preferences; significant changes in government regulation;
criticism of energy drink products and/or the energy drink market;
economic downturn and continued uncertainty in the financial
markets and other adverse changes in general economic or political
conditions, as well as the COVID-19 pandemic, the war in Ukraine
and geopolitical developments, global inflationary pressure or
other major macroeconomic phenomena; global or regional
catastrophic events; fluctuations in foreign currency exchange
rates; inflation; revenues derived entirely from energy drinks;
increased competition; relationships with co-packers and
distributors and/or their ability to manufacture and/or distribute
GURU’s products; seasonality; relationships with existing
customers; changing retail landscape; increases in costs and/or
shortages of raw materials and/or ingredients and/or fuel and/or
costs of co-packing; failure to accurately estimate demand for its
products; history of negative cash flow and no assurance of
continued profitability or positive EBITDA; repurchase of common
shares; intellectual property rights; maintenance of brand image or
product quality; retention of the full-time services of senior
management; climate change; litigation; information technology
systems; fluctuation of quarterly operating results; risks
associated with the PepsiCo distribution agreement; accounting
treatment of the PepsiCo Warrants; conflicts of interest;
consolidation of retailers, wholesalers and distributors and key
players’ dominant position; compliance with data privacy and
personal data protection laws; management of new product launches;
review of regulations on advertising claims, as well as those other
risks factors identified in other public materials, including those
filed with Canadian securities regulatory authorities from time to
time and which are available on SEDAR+ at www.sedarplus.ca.
Additional risks and uncertainties not currently known to
management or that management currently deems to be immaterial
could also cause actual results to differ materially from those
that are disclosed in or implied by such forward-looking
information. Although the forward-looking information contained
herein is based upon what management believes are reasonable
assumptions as at the date they were made, investors are cautioned
against placing undue reliance on these statements since actual
results may vary from the forward-looking information. Certain
assumptions were made in preparing the forward-looking information
concerning availability of capital resources, business performance,
market conditions, and customer demand. Consequently, all of the
forward-looking information contained herein is qualified by the
foregoing cautionary statements, and there can be no guarantee that
the results or developments that management anticipates will be
realized or, even if substantially realized, that they will have
the expected consequences or effects on the business, financial
condition, or results of operation. Unless otherwise noted or the
context otherwise indicates, the forward-looking information
contained herein is provided as of the date hereof, and management
does not undertake to update or amend such forward-looking
information whether as a result of new information, future events
or otherwise, except as may be required by applicable law.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/fc305c88-ffa0-4e44-b175-bdbf718ca76dhttps://www.globenewswire.com/NewsRoom/AttachmentNg/24fc743f-5e96-4527-8fc4-30020bf08593
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