Edison Nation to Launch “Made by Everyday Edisons” Product Line Featuring Inventions from their Emmy Award-Winning Televi...
December 11 2019 - 8:00AM
Business Wire
Edison Nation, Inc. (EDNT), a multifaceted ecosystem which
fosters innovation and drives IP, media and consumer products,
today reported the upcoming launch of their “Made by Everyday
Edisons” product line, featuring innovations presented on the new
episodes of Everyday Edisons.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20191211005469/en/
(Graphic: Business Wire)
The “Made by Everyday Edisons” product line is comprised of
original concepts introduced by inventors on the Emmy award-winning
series, Everyday Edisons. The products selected for this exclusive
line were evaluated and chosen based off uniqueness, quality,
marketability, manufacturing costs, and scalability. The inaugural
line includes a variety of products, ranging from kitchen gadgets
to pet supplies, that offer everyday solutions in major product
markets. Each item will be co-branded with its own unique logo
memorializing the inventor.
Inventions from the New Season of Everyday Edisons will:
- Solve a tricky hair care problem
- Empower young girls
- Revolutionize the geriatric dental space
- Protect our furry friends
- Provide a simple but profound improvement to a gardening
tool
- End once and for all the spousal debate about the correct
bedtime temperature
- And much more….
The “Made by Everyday Edisons” line will be distributed through
the Edison Nation omnichannel sales network, including Amazon and
is set to launch around Everyday Edisons’ premiere date, February
11th, 2020.
“We’ve completed filming the next season of Everyday Edisons,
and I personally had the opportunity to evaluate each of the
products presented. I can honestly say that I am eager for everyone
watch the show and for Edison Nation to bring some of these
innovations to market,” stated Chris Ferguson, CEO of Edison
Nation. “This new ‘Made by Everyday Edisons’ line is the true
embodiment of Edison Nation’s mission to nurture and scale great
products by ingenious inventors.”
About Edison Nation, Inc.
Edison Nation, Inc. (EDNT), is a multifaceted ecosystem which
fosters innovation and drives IP, media and consumer products.
Edison offers innovation sourcing, product design, sales,
manufacturing, and fulfillment services. Edison Nation’s model is
to source innovative ideas to launch internally or license to brand
partners. Edison Nation hopes to leverage its television property,
Everyday Edisons to become the recognized leader in the innovator
community.
For more information, please visit www.edisonnation.com.
Use of Non-GAAP Financial Information
EBITDA and Adjusted EBITDA is a financial measure that is not
calculated in accordance with accounting principles generally
accepted in the United States of America ("U.S. GAAP"). Management
believes that because Adjusted EBITDA excludes (i) certain non-cash
expenses (such as depreciation, amortization and stock-based
compensation) and (ii) expenses that are not reflective of the
Company's core operating results over time (such as restructuring
costs, litigation or dispute settlement charges or gains, and
transaction-related costs), this measure provides investors with
additional useful information to measure the Company's financial
performance, particularly with respect to changes in performance
from period to period. Edison Nation management uses EBITDA and
Adjusted EBITDA (a) as a measure of operating performance; (b) for
planning and forecasting in future periods; and (c) in
communications with the Company's Board of Directors concerning
Edison Nation's financial performance. The Company's presentation
of EBITDA and Adjusted EBITDA are not necessarily comparable to
other similarly titled captions of other companies due to different
methods of calculation and should not be used by investors as a
substitute or alternative to net income or any measure of financial
performance calculated and presented in accordance with U.S. GAAP.
Instead, management believes EBITDA and Adjusted EBITDA should be
used to supplement the Company's financial measures derived in
accordance with U.S. GAAP to provide a more complete understanding
of the trends affecting the business.
Forward-Looking Statements
This press release contains forward-looking statements that
involve substantial risks and uncertainties. All statements, other
than statements of historical facts, included in this press release
regarding strategy, future operations and plans, including
assumptions underlying such statements, are forward-looking
statements, and should not be relied upon as representing the
Company's views as of any subsequent date. Such forward-looking
statements are based on information available to the Company as of
the date of this release and involve a number of risks and
uncertainties, some beyond the Company's control, that could cause
actual results to differ materially from those anticipated by these
forward-looking statements, including consumer, regulatory and
other factors affecting demand for the Company's products, any
difficulty in marketing the Company's products in global markets,
competition in the market for consumer products and inability to
raise capital to fund operations and service the Company's debt.
Additional information that could lead to material changes in the
Company's performance is contained in its filings with the SEC. The
Company is under no obligation to, and expressly disclaims any
responsibility to, update or alter forward-looking statements
contained in this release, whether as a result of new information,
future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191211005469/en/
Investor Relations: Aimee Carroll Phone: 215-543-3973
Email: Investors@edisonnation.com
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