MDWERKS INC - MDWK STOCK NEWS

MDWerks (OTCQB: MDWK) announced that its subsidiary RF Specialties (RFS) has secured a new contract from USNR, the world's largest wood processing equipment supplier. Under the agreement, RFS will provide global maintenance services and 24-hour emergency support for USNR's tube-based Mann-Russell radio frequency equipment customers worldwide. The contract positions RFS as the exclusive service provider for USNR's Mann-Russell radio frequency equipment across their global installed base of wood manufacturing companies.

MDWerks (OTCQB: MDWK) has expanded its Board of Directors to five members with the appointment of Richard Blackstone as a new independent director, effective December 3, 2024. Blackstone brings nearly four decades of experience in the music industry and has been involved in technology and entertainment startups over the past decade.

Blackstone currently serves as CEO of Blackstone Entertainment, which he founded in 2008. His previous roles include CEO of Avex Inc. (2016-2019), Chief Creative Officer of BMG, Chairman and CEO of Warner Chappell Music, and President of ZOMBA Group. The company expects to leverage his expertise in developing talent, building relationships, and growing businesses to advance their energy wave technology platform and expand their subsidiaries, Two Trees Beverage Company and RF Specialties.

MDWerks (OTCQB: MDWK) announced that its key intellectual property assets, including patents, trademarks, and trade names, have been valued at approximately $400 million by an independent financial advisory firm as of May 31, 2024. The valuation covers three foundational patents related to microwave radio energy technology, the Two Trees® brand name, and multiple trademarks.

The company's technology enables precise molecular targeting through microwave radio energy, with applications in two main subsidiaries: Two Trees Beverage Company, which uses the technology for accelerated spirit aging, and RF Specialties, which provides sustainable manufacturing solutions for engineered wood and adhesives industries.

The company identifies additional potential applications including desalination, wastewater treatment, efficient heating, pyrolysis, incineration, petroleum refining, food and beverage, and pharmaceuticals.

MDWerks (OTCQB: MDWK) has expanded its Board of Directors to four members with the appointment of Tim Brocopp as a new independent director, effective November 18, 2024. Brocopp brings nearly three decades of leadership experience in the beverage distribution industry. He previously served as President and CEO of Intermountain Distributing Company and started his career at Hensley Beverage Company. The appointment aims to support the expansion of MDWerks' Two Trees Beverage Company and RF Specialties subsidiaries.

MDWerks (OTC: MDWK) announced its uplisting from the OTC Pink Open Market to the OTCQB Venture Market, effective November 21, 2024. The company will continue trading under the ticker symbol 'MDWK'. The OTCQB Venture Market, operated by OTC Markets Group Inc., serves entrepreneurial and development stage companies, requiring current reporting status and annual verification processes. This move aims to enhance market visibility, improve transparency, increase share liquidity, and expand the potential investor base.

MDWerks' subsidiary Two Trees Beverage Company has launched Climax Honey Raspberry Flavored Whiskey™, the first flavored whiskey in Tim Smith's portfolio. Tim Smith, star of Discovery Channel's Moonshiners, developed this new creation using his family's century-old moonshine recipe with a modern twist of honey and raspberry flavors. The whiskey is produced using Two Trees' Sustainably Matured™ method.

Steven Laker, CEO of MDWerks, expressed pride in the new product and anticipates expanding into the rapidly growing flavored whiskey category. Tim Smith emphasized the use of all-natural ingredients and the unique tasting experience. The new whiskey will be featured in Season 14 of Moonshiners and will be available for purchase online and in liquor stores across the United States in Fall 2024.

MDWerks' subsidiary Two Trees Beverage Company has partnered with Green Glass Global, a leading independent wine and spirits broker, to enhance its sales initiatives. This collaboration aims to place Two Trees® and Tim Smith Spirits® branded products in front of key purchasing decision-makers nationwide, including major on- and off-premise chains, independent direct buyers, and distributors.

The partnership leverages Green Glass Global's experienced team and industry relationships to expand Two Trees' sales footprint and drive growth. Green Glass Global's connections with large blue-chip chain retailers in the US are expected to provide new exposure for Two Trees' products. The collaboration is anticipated to benefit both companies, with Two Trees' focus on sustainability and award-winning whiskeys aligning well with Green Glass Global's purchase audiences.

MDWerks (OTC: MDWK) announced that its subsidiary, Two Trees Beverage Company, will be featured on Viewpoint, an educational TV series hosted by Dennis Quaid. The segment, airing nationally on public television during the week of September 30, 2024, will highlight Two Trees' patented Sustainably Matured™ technology in the fine spirits industry.

The documentary is expected to reach over 60 million US households. A one-minute commercial for Two Trees will also air on major networks between September 9-30, 2024. Two Trees' technology reduces aging time, wood consumption, energy use, and barrel storage space compared to traditional methods, promoting sustainability and reducing carbon footprint. This method can produce the equivalent of 25 or more barrels from one oak tree, compared to 2-3 barrels in traditional processes.

MDWerks announced that its common stock has transitioned to trading on the OTC Expert Market under the ticker 'MDWK'. This change is due to the company's failure to timely file its Annual Report on Form 10-K for the fiscal year ending December 31, 2023, with the SEC. Previously, the company filed a Form 12b-25, citing the need for additional time to complete year-end procedures and the audit. MDWerks is actively working to finalize these procedures and aims to file the Form 10-K soon to restore its trading status on the OTC Pink Market.