NewAge Recognized as Grand Winner in the 2021 Golden Bridge Business and Innovations Awards
July 28 2021 - 6:00AM
NewAge, Inc. (Nasdaq: NBEV), the Colorado-based
direct to consumer (D2C) organic and healthy products company,
today announced that it has been recognized as a Most Innovative
Company of the Year in the recent Golden Bridge Business and
Innovation Awards. NewAge also won 11 other awards in major
categories and was recognized as the Grand Winner along with other
world-class companies.
The coveted Golden Bridge Business and
Innovation Awards®, the world’s premier “Business Awards” program,
honors achievements in every industry across the globe. This
prestigious awards program recognizes the world’s best in business
performance and innovations worldwide from every major industry in
the world. Seasoned judges reviewed thousands of entries from a
broad spectrum of industry voices worldwide, and their average
scores determined the 2021 award winners.
Being named a “Grand Winner” is a significant
achievement as it identifies NewAge as one of only 10 companies
worldwide out of hundreds of thousands of entries to receive the
recognition and the substantial number of awards. NewAge shares
this highly esteemed honor with IBM, Concentrix, Wolters Kluwer,
and other notable organizations.
In addition to being honored as the Grand
Winner, NewAge won 11 other awards, including Chief Executive
Officer, Brent Willis being recognized as
Innovator of the Year, and Tahitian Noni®
Superfruit Wellness Shots being selected as
Product of the Year.
Karima McDaniel, VP of Marketing at NewAge
commented, “What an incredible endorsement for NewAge and our CEO.
To be on the map with IBM that has been around for more than 100
years when we are only five years old is good company to be in.
NewAge was founded on a simple principle to create a healthy
products company and share the wealth with everyone that touches
the company. Staying true that ideal, we reached more than half a
billion in revenue last year since inception just a short time ago,
and we see a tremendous unobstructed upside still in front of our
company.”
NewAge has structured a business model
consisting of healthy, functionally differentiated brands, sold
primarily through a direct-to-consumer (D2C) route to market.
NewAge aggregates a team of more than 400,000 exclusive Brand
Partner influencers, supported by the leading social selling tools
and technology available, resulting in the most robust database of
customers and consumers within the consumer goods industry.
About NewAge, Inc.NewAge is a
purpose-driven firm dedicated to inspiring the planet to Live
Healthy™. Colorado-based NewAge commercializes a portfolio of
organic and healthy products worldwide through primarily a
direct-to-consumer (D2C) route to market distribution system across
more than 75 countries. The company competes in three major
category platforms including Health and Wellness, Inner and Outer
Beauty, and Nutritional Performance and Weight Management — leading
a network of more than 400,000 exclusive independent Brand
Partners, empowered with the leading social selling tools and
technology around the world.
More information can be found at
www.NewAge.com.
Safe Harbor Disclosure
This press release contains forward-looking
statements that are made under 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. Forward-looking statements are any statement reflecting
management's expectations regarding future results of operations,
economic performance, and financial condition. The forward-looking
statements are based on the assumption that operating performance
and results will continue in line with historical results.
Management believes these assumptions to be reasonable, but there
is no assurance they will prove to be accurate. Forward-looking
statements, specifically those concerning future performance, are
subject to certain risks and uncertainties, and actual results may
differ materially. NewAge competes in a rapidly growing and
transforming industry, and risk factors, including those disclosed
in the Company's filings with the Securities and Exchange
Commission, might affect the Company's operations. Unless required
by applicable law, the Company undertakes no obligation to update
or revise any forward-looking statements.
For investor inquiries about
NewAge please contact:
NewAge Investor & Public
Relations:Mindy EardleyDirector, Public and Investor
RelationsTel: 1-801-573-4818Mindy_Eardley@NewAge.com
NewAge Investor RelationsBPC Financial
Marketing800 816 7361ir@bpcfinancialmarketing.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/5a0b4c09-a36f-409b-a9db-453d61bb7582
https://www.globenewswire.com/NewsRoom/AttachmentNg/b719419d-af55-4bc0-8d78-7b87fc1a02a5
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