Frozen Yogurt Vending Robots Will Begin Deployment Into The
Marketplace Within 65 Premiere Locations Across The United
States
San Diego, CA -- March 05, 2018 -- InvestorsHub NewsWire -- Reis
& Irvy’s (www.reisandirvys.com) a subsidiary franchise concept
of Generation NEXT Franchise Brands, Inc. (www.gennextbrands.com)
(OTCB: VEND), announced today that the first of its robotic frozen
yogurt vending robots will be hitting the marketplace in April,
with the first 65 locations being delivered and installed by the
end of the month. The announcement marks the commencement of the
eagerly-anticipated debut of the robotic vending concept.
The patented technology, manufactured and assembled by Flex, Ltd
(www.flex.com) in Columbia, South Carolina, will feature frozen
yogurt consumables exclusively from Dannon YoCream
(www.yocream.com) and will begin rolling out for delivery next
month. All deliveries and installations will be handled by
Generation NEXT’s strategic operations partner, Pitney Bowes
(www.pitneybowes.com), a global service solutions provider.
Reis & Irvy’s has long been focused on ensuring that the
franchised Froyo Robots find homes within premiere, high traffic
location categories that include hospitals, theme parks, airports,
family centers, movie theaters, tourist attractions, hotels and
Fortune 500 company locations. This focus has now come to fruition,
with the first 65 April installations featuring notable locations
including:
- The Michigan Science Center
The Women’s Hospital of Texas
Showplace Cinemas – Evansville, Indiana
The Henry Ford Museum – Dearborn, Michigan
Kentucky Science Center
Columbia Mall – Bloomsburg, Pennsylvania
Indianapolis Airport
Austin Convention Center
Houston Baptist University
Texas Medical Center
Mississippi Children’s Museum
The April deliveries and installations signify the beginning of
an aggressive rollout through June. As part of the initial rollout,
the Company anticipates shipping approximately 185 units in May and
approximately 250 units in June.
“We are pleased to report this positive news for not only the
locations about to receive our patented technology, but also for
our franchisees and our shareholders,” said Nick Yates, Chairman
for Generation NEXT Franchise Brands. “With this announcement, our
top-tier locations may begin profiting from the technology, driving
repeat business back to their store all the while continuing to
improve the experience for their customers. Franchisees can begin
servicing the technology they have acquired from us and, most
importantly, begin generating revenues. Our shareholders should
also see the company recognize significant revenues before fiscal
2018 comes to a close.”
For more information on the revolutionary Froyo Robots or to
learn more about how you can own your own Reis & Irvy’s Froyo
Robot franchise, visit the Reis & Irvy’s website
at www.reisandirvys.com or call toll free 888-902-7558.
Follow us on Twitter @Reisnirvys, on Facebook @reisandirvys and on
Instagram @reisnirvys.
This information is not intended as an offer to sell, or the
solicitation of an offer to buy, a franchise. It is for information
purposes only. No Reis & Irvy's franchises will be sold to any
resident of any state until the offering has been exempted from the
requirements of, or duly registered in and declared effective by,
such state and the required FDD (if any) has been delivered to the
prospective franchisee before the sale in compliance with
applicable law. Currently, the following states in the United
States regulate the offer and sale of franchises: California,
Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York,
North Dakota, Oregon, Rhode Island, South Dakota, Virginia,
Washington, and Wisconsin. If you reside in one of these states, or
even if you reside elsewhere, you may have certain rights under
applicable franchise laws or regulations.
About Generation NEXT Franchise Brands,
Inc.
Generation NEXT Franchise Brands, Inc., based in San Diego,
California, is a publicly traded company on the OTC Markets
trading under the symbol: VEND. Generation NEXT Franchise
Brands is parent company to Fresh Healthy Vending LLC, the market’s
leading healthy-choice vending machine franchise, Reis and Irvy's,
Inc., the world’s first robotic frozen yogurt vending kiosk, 19
Degrees, a corporate-focused frozen yogurt robot brand and
Generation NEXT Vending Robots, our newly established
owner/operator model. The Company has sold over 600 franchises
throughout the United States, Canada, Puerto Rico and the Bahamas,
and continually looks to partner with like-minded entrepreneurs who
share its vision.
About Reis & Irvy’s, Inc.
Reis & Irvy’s, Inc., is a subsidiary franchise concept of
Generation NEXT Franchise Brands, Inc. (OTCB: VEND). Launched in
early 2016, the revolutionary Reis & Irvy’s Froyo Robot vending
machine serves seven different flavors of frozen yogurt, ice cream,
sorbets and gelato’s, a choice of up to six custom toppings and to
customers within 60 seconds or less at the point of sale. The
unique franchise opportunity has since established itself as a
high-demand product and currently showcases a franchise network
both domestically as well as internationally.
Cautionary note on forward-looking
statements
This press release contains "forward-looking statements"
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 include, among others,
statements concerning our future financial performance, including
statements regarding our ability to timely launch delivery and
installation of our frozen yogurt robots and our ability to
grow our franchising and licensing divisions and
launch our corporate-owned and direct sales platforms. The
Company bases these forward-looking statements on its current
expectations, estimates and projections about future events and the
industry in which it operates using information currently available
to it. Actual results could differ materially from those discussed
in, or implied by, these forward-looking statements.
Forward-looking statements are identified by words such as
"believe," "anticipate," "propose," "expect," "intend," "plan,"
"will," "may," "estimates," variations of such words and other
similar expressions. In addition, any statements that refer to
expectations, projections or other characterizations of future
events or circumstances are forward-looking
statements. Factors that could cause actual results to differ
from those implied by the forward-looking statements contained in
this press release are set forth in our fillings with the
Securities and Exchange Commission (SEC), including our most recent
Annual Report on Form 10-K for the year ended June 30, 2017, our
Quarterly Reports, and our Current Reports on Form 8-K. Be advised
that developments subsequent to this press release are likely to
cause these statements to become outdated and the Company is under
no obligation (and expressly disclaims any such obligation) to
update or revise any forward-looking statements whether as a result
of new information, future events, or otherwise.
Media Contact: Lisa Delaney 949-500-6752 info@gennextbrands.com