NEXE Expands Coffee Product Lines to Amazon Prime Ahead of Next Retail Launch


VANCOUVER, BC, March 28, 2022 /PRNewswire/ – NEXE Innovations Inc. (TSXV: NEXE) (“NEXE” or the “Company”), a leader in plant-based materials science and advanced manufacturing technologies, is pleased to announce that NEXE coffee and XOMA superfoods are fully compostable single serve pods are now available through Amazon Prime on Amazon.com.

“Amazon is the world’s leading e-commerce retailer, with more than 200 million Prime subscribers worldwide. When consumers make the decision to make a purchase online, they often turn to Amazon, and specifically Prime We see this launch as a significant way to drive consistent online sales, particularly through our recent subscription offering, which will complement our upcoming brick-and-mortar retail strategy for NEXE Coffee.” said Ash Guglani, President of NEXE.

The NEXE coffee line is available in Keurig® and Nespresso® compatible pods. NEXE Cafe – Nespresso® The suite includes Dark Roast Espresso, French Roast, and Medium Roast, and comes in boxes of 10, 20, and 30. NEXE Coffee – Keurig® includes Premium Organic Medium, Premium Organic Medium-Dark and Premium Organic Dark flavors, and is available in boxes of 12 and 24. NEXE is currently working with suppliers to offer larger quantities and expand our sustainable and convenient solution to meet the needs of our consumers. .

NEXE’s Xoma Superfoods range targets health-conscious and environmentally conscious consumers and includes both high-quality coffee and superfood creamers. Keto, MCT Coffee, Turmeric, Matcha, and Cocoa Keto SKUs are packaged in the fully compostable NEXE pod and come in packs of 12 and 48. Xoma Superfoods pods are compatible with Keurig® single-serve brewing systems.

All NEXE premium coffees are grown organically and ethically by partners of Peru, Ethiopiaand Indonesia. The beans are ground and packaged in NEXE’s Canadian facility and sealed for freshness in the NEXE pod, one of the world’s only fully compatible capsules that are compostable in your city’s composting facility.

“Consumers continue to turn to eco-friendly alternatives to plastic. NEXE offers a truly sustainable solution to the approximately 60 billion pods that are consumed each year,” Guglani said. “We continue to focus on adding manufacturing capacity at both of our facilities, which will bring us closer to replacement sales as we continue discussions with various retailers and wholesalers.”

To complement the launch, NEXE will deploy a social media marketing campaign designed to increase brand awareness on Amazon, drive traffic to NEXE pages and ultimately increase conversions.

Mordor Intelligence Estimates that the market for single-serve coffee pods and capsules was valued at US$25.07 billion in 2020 and is expected to register a CAGR of 7.07% between 2021 and 2026.

About NEXE Cafe

NEXE Coffee is a subsidiary of NEXE Innovations and produces and distributes high-quality coffee packaged in fully compostable, plant-based single-dose pods that are Keurig® and Nespresso® OriginalLine compatible.

About XOMA Superfoods

XOMA OPERATIONS INC is a subsidiary of NEXE Innovations Inc. Xoma Superfoods produces and distributes high quality coffee and superfood creamers, packaged exclusively in plant-based, fully compostable, single-use pods.

https://www.instagram.com/xomasuperfoods/

About NEXE Innovations Inc.

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 existing single-serve coffee machines. The proprietary NEXE Pod is designed to reduce the significant environmental impact caused by single-use pods (+40 billion plastic pods discarded each year). With over $30 million raised (equity and public funds) to date 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.

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements

Certain statements contained in this release are forward-looking statements or information, which include, but are not limited to, statements regarding option terms and other matters. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forward-looking terms such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe”, and “continue”. or the negative thereof or similar variations. Readers are cautioned that the assumptions used in preparing any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those anticipated due to numerous known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control, including, but not limited to, the ability of the Company to meet the terms of the options. These 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 demand for its products, expected costs and the ability to achieve objectives. Factors that could cause actual results to differ materially from those in the forward-looking statements include the receipt of necessary approvals and general economic, market or business conditions. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned not to place undue reliance on forward-looking information.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and undertakes 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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