VANCOUVER, BC, March 3, 2022 /CNW/ - NEXE Innovations Inc.
("NEXE" or the "Company"), (TSXV: NEXE) (OTC Markets: NEXNF)
(Frankfurt: NX5), a leader in plant-based materials manufacturing,
is pleased to announce that NEXE will exhibit at Natural
Products Expo West. The event will be held March 8-12th at the Anaheim Convention Center in Anaheim, California. The NEXE team will be
located at Booth 1767.
"We are excited to showcase our product lines at the Natural
Products Expo West in Anaheim,
California. Expo West is the largest exhibition in
North America; showcasing the
natural and organic industry. This venue will be great for brand
exposure as well as meeting prospective partners, distributors, and
retailers as we prepare for our NEXE Coffee retail launch in Q2.
Having launched three major categories in 2021: XOMA Superfoods and
Nexe Coffee for Keurig® brewing systems and Nespresso® OriginalLine
machines, we believe this is a great venue to present our NEXE
suite of products. NEXE will continue to attend industry
conventions worldwide to expand our business and to meet
distributors and consumers as well as educate the market on our
products," said Ash Guglani, President of NEXE. "Having
commercialized the fully compostable Nexe pods, along with our
competitors receiving fines for greenwashing, and various bans on
single plastic-use in place, places NEXE in a good position to
showcase our products at industry conferences. Our
fully-compostable and sustainable products continue to be met with
significant interest which we believe we will convert into sales
over the next 12 months."
NEXE pods are made of plant-based materials and sustainably
manufactured in North America. The
pods break down completely in municipal composting facilities in as
few as 35 days. The pods can be disposed of immediately after use,
leave no mess, and do not need to be disassembled before
disposal.
Learn more about XOMA Superfoods product lines online
at: https://xomasuperfoods.com/
Learn more about NEXE Coffee product lines 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 NEXE Innovations Inc.
NEXE Innovations Inc. is a leader in plant-based compostable
technology and advanced materials manufacturing based in
British Columbia, Canada. The
Company has developed one of the only patented, fully compostable,
plant-based, single-serve coffee pods for use 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 over 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
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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, development of the
NEXE Mask, and increase production capacity, create 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, and dependence on key personnel. 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.
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SOURCE Nexe Innovations Inc.