WINDSOR, Ontario, Dec. 02, 2024 (GLOBE NEWSWIRE) -- NEXE Innovations Inc ("NEXE" or the "Company") (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, today announced that Ash Guglani, President & Director, will present live at the Small Cap Growth Virtual Investor Conference hosted by VirtualInvestorConferences.com, on December 5th, 2024.
DATE: December 5th
TIME: 2 PM ET
LINK: https://bit.ly/3Yknp3z
Available for 1x1 meetings: December 5th and 6th
This will be a live, interactive online event where investors are invited to ask the Company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at www.virtualinvestorconferences.com.
Why NEXE?
Targeting the multi-billion dollar single-use plastics industry through its:
- Vertically integrated facility and economies of scale: NEXE utilizes a vertically integrated manufacturing process, including compounding its proprietary resin, extrusion, and injection molding. This end-to-end manufacturing process increases supply chain efficiency, reduces its carbon footprint, and safeguards its intellectual property.
- Cost Competitive: Compostability often entails higher costs, but at NEXE Innovations, our solution is designed to be environmentally friendly and competitively priced compared to the industry's leading companies.
- Strategic Location: NEXE's 54,000 sq ft Windsor, Ontario facility, strategically located on the U.S.-Canada border, offers access to major U.S. markets and a skilled, cost-competitive workforce.
Recent Company Highlights
Announced three different partnerships:
- ecoBeans: This West Coast brand is available in retail locations and is distributed in the office coffee services (OCS) space.
- Bridgehead Coffee: An established premium coffee company in Ontario with over 40 years of history, Bridgehead transitioned from another compostable pod to our NEXE pod. Bridgehead works with well-known retail and grocery chains, including Costco, Whole Foods, Sobey's, and Farm Boy.
- EKOCUPS: A high-volume online seller and Amazon retailer. This partnership is expected to support our expansion into the U.S. market, representing our largest delivery to date.
About NEXE Innovations Inc.
NEXE Innovations is focused on providing innovative compostable material solutions and packaging to the B2B segment to help businesses achieve their sustainability goals. NEXE Innovations has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. Our flagship product, the NEXE Pod, a BPI-certified compostable coffee pod, showcases our material's durability and is an ideal substitute for plastic. The NEXE pod is compatible with major coffee brewing machines and is manufactured at NEXE's vertically integrated facility based in North America. Discover our innovative approach to sustainability at www.nexeinnovations.com and join our journey on social media @nexeinnovations. #compostablecoffeepods #sustainability #greentech
About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
CONTACTS:
NEXE Innovations
On behalf of the Company:
Ash Guglani
President & Director
For investor relations, contact:
Kam Mangat
VP, Investor Relations & Corporate Strategy
invest@nexeinnovations.com
Office +1-604-359-4725
Mobile +1-604-359-4742
For media relations, contact: media@nexeinnovations.com
Virtual Investor Conferences
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com
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, but are not limited to, statements in respect of the potential benefits of the Nexe Pod including for premium coffee brands, the Company's overall business strategy, increases in production and revenue, and the Company's long-term growth and development plans. 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, the Company's ability to execute on its business strategy and those risks set out in the Company's management's discussion and analysis for year ended May 31, 2024 under the headings "Risk and Uncertainties". 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 receipt of necessary approvals 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.
