VANCOUVER, BC, June 3, 2021 /CNW/ - NEXE Innovations Inc.
("NEXE" or the "Company") (TSXV: NEXE) (OTC Markets: NEXNF)
(Frankfurt: NX5), is pleased to announce that the Company's popular
Xoma Superfoods product line is now available on both Amazon.com
and Amazon.ca e-commerce marketplaces, in the U.S. and
Canada.
XOMA Superfoods is NEXE's in-house superfoods brand
featuring:
- XOMA Coffee Fortified with MCT (medium-chain triglycerides)
made from virgin coconut oil.
- XOMA Mushroom Coffee: with chaga, cordyceps and lion's mane
mushrooms.
- XOMA Keto Coffee: with quality fats and MCT oil, flavoured with
hints of cocoa.
All Xoma Superfoods products are packaged in NEXE's
single-serve, fully compostable, plant-based beverage pods that can
be used with Keurig's single-serve brewing systems.
"NEXE is delighted with the Amazon affiliation," said
Darren Footz, CEO of NEXE. "Amazon
is the largest e-commerce platform in the world, and will allow us
to greatly expand our sales, brand presence, and market reach. We
are excited about the sales exposure that our listing on Amazon's
Grocery and Gourmet Food section will bring to our XOMA
line."
As previously announced on April
15, NEXE has engaged Orca Pacific, a full service marketing
agency specialized in Amazon sales strategies. Orca Pacific is an
organization comprised of former Amazonians and top retail industry
experts that use a combination of know-how and machine learning
software to develop and implement custom Amazon strategies to drive
sustainable top-line growth.
According to Statista1, Amazon.com accounts for 45%
of the U.S. e-commerce market, with its Marketplace sellers list
offering up to 350 million items. Amazon records an average of
$4,722 in sales every second, or
approximately $17 million in sales
per hour. eMarketer reported that U.S. eCommerce sales will reach
$794.5 billion this year, up 32.4%
from 2020.2
Partnering with e-commerce leaders including Amazon and Vejii
will complement NEXE's direct-to-consumer sales on its Xoma
Superfoods website, www.xomasuperfoods.com.
About Amazon
Amazon is guided by four principles: customer obsession rather
than competitor focus, passion for invention, commitment to
operational excellence, and long-term thinking. Amazon strives to
be Earth's Most Customer-Centric Company, Earth's Best Employer,
and Earth's Safest Place to Work. Customer reviews, 1-Click
shopping, personalized recommendations, Prime, Fulfillment by
Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire
tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology,
Amazon Studios, and The Climate Pledge are some of the exciting
programs pioneered by Amazon.
About XOMA Superfoods
XOMA Operations Inc. is a wholly owned subsidiary of NEXE
Innovations Inc. XOMA Superfoods produces and distributes
high-quality coffee and superfood creamers packaged exclusively in
single-serve, fully compostable, plant-based pods.
xoma.ca
instagram.com/xomasuperfoods/
About NEXE
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, over 40 billion are discarded every year. With
over $64 million 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.
_____________________________
1
|
https://www.repricerexpress.com/amazon-statistics/
|
2
|
eMarketer.com,
October 12, 2020
|
ON BEHALF OF THE BOARD OF DIRECTORS
NEXE INNOVATIONS INC.
s/ "Darren Footz"
Darren Footz, Chairman and
CEO
Social Media
https://twitter.com/nexeinnovations
https://www.facebook.com/nexeinnovations
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, increase production capacity, demand
and/or sales of its products, 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.