NEXE Innovations Makes Second Delivery and Signs Multi-Year Master Manufacturing Agreement with Bridgehead Coffee
NEXE Innovations has announced a second delivery and signed a two-year master manufacturing agreement with Bridgehead Coffee, a Canadian company with over 40 years of history. The delivery includes Centro House and Bytown Boom SKUs, available at select Farm Boy locations and Bridgehead's website. Bridgehead, operating 17 coffeehouses in Ontario and partnering with major retailers like Costco and Whole Foods Market, has transitioned to NEXE's BPI-certified compostable coffee pods.
NEXE's innovative technology, protected by patents including U.S. Pat. No. 12,004,678, features increased filter area for better coffee extraction and improved taste. This partnership represents a significant milestone for NEXE's business scaling and growth strategy.
NEXE Innovations ha annunciato una seconda consegna e ha firmato un accordo master di produzione di due anni con Bridgehead Coffee, un'azienda canadese con oltre 40 anni di storia. La consegna include i prodotti Centro House e Bytown Boom, disponibili in selezioni di Farm Boy e sul sito web di Bridgehead. Bridgehead, che gestisce 17 caffetterie in Ontario e collabora con importanti rivenditori come Costco e Whole Foods Market, ha effettuato la transizione ai capsule di caffè compostabili certificate BPI di NEXE.
La tecnologia innovativa di NEXE, protetta da brevetti tra cui il Brevetto USA nr. 12.004.678, presenta un'area filtrante aumentata per una migliore estrazione del caffè e un gusto migliorato. Questa partnership rappresenta una pietra miliare significativa per la scalabilità e la strategia di crescita aziendale di NEXE.
NEXE Innovations ha anunciado una segunda entrega y ha firmado un acuerdo maestro de fabricación por dos años con Bridgehead Coffee, una compañía canadiense con más de 40 años de historia. La entrega incluye los productos Centro House y Bytown Boom, disponibles en selectas ubicaciones de Farm Boy y en el sitio web de Bridgehead. Bridgehead, que opera 17 cafeterías en Ontario y colabora con grandes minoristas como Costco y Whole Foods Market, ha hecho la transición a las cápsulas de café compostables certificadas por BPI de NEXE.
La tecnología innovadora de NEXE, protegida por patentes que incluyen el Patentado de EE. UU. No. 12,004,678, presenta un área de filtración aumentada para una mejor extracción de café y un sabor mejorado. Esta asociación representa un hito significativo para la estrategia de escalabilidad y crecimiento empresarial de NEXE.
NEXE Innovations는 두 번째 배송을 발표했으며, 40년 이상의 역사를 가진 캐나다 회사 Bridgehead Coffee와 2년 마스터 제조 계약을 체결했습니다. 배송에는 Centro House 및 Bytown Boom SKU가 포함되어 있으며, 선택된 Farm Boy 매장과 Bridgehead 웹사이트에서 이용할 수 있습니다. Bridgehead는 온타리오에서 17개의 커피숍을 운영하며 Costco 및 Whole Foods Market과 같은 주요 소매업체와 파트너십을 맺고, NEXE의 BPI 인증 퇴비화 커피 포드로 전환했습니다.
NEXE의 혁신적인 기술은 미국 특허 번호 12,004,678을 포함한 특허로 보호되며, 더 나은 커피 추출과 향상된 맛을 위한 필터 면적을 증가시킵니다. 이 파트너십은 NEXE의 비즈니스 확장 및 성장 전략에 있어 중요한 이정표를 나타냅니다.
NEXE Innovations a annoncé une deuxième livraison et a signé un accord de fabrication maître de deux ans avec Bridgehead Coffee, une entreprise canadienne avec plus de 40 ans d'histoire. La livraison comprend les produits Centro House et Bytown Boom, disponibles dans certains magasins Farm Boy et sur le site Web de Bridgehead. Bridgehead, qui exploite 17 salons de café en Ontario et s'associe à de grands détaillants comme Costco et Whole Foods Market, a fait la transition vers les capsules de café compostables certifiées BPI de NEXE.
La technologie innovante de NEXE, protégée par des brevets incluant le brevet américain n° 12.004.678, présente une surface filtrante accrue pour une meilleure extraction du café et un goût amélioré. Ce partenariat représente une étape importante dans la stratégie de mise à l'échelle et de croissance de NEXE.
NEXE Innovations hat eine zweite Lieferung angekündigt und einen zweijährigen Rahmenvertrag mit Bridgehead Coffee, einem kanadischen Unternehmen mit über 40 Jahren Geschichte, unterzeichnet. Die Lieferung umfasst die Produkte Centro House und Bytown Boom, die an ausgewählten Farm Boy Standorten und auf der Website von Bridgehead erhältlich sind. Bridgehead, das 17 Kaffeehäuser in Ontario betreibt und mit großen Einzelhändlern wie Costco und Whole Foods Market zusammenarbeitet, hat zu den kompostierbaren Kaffeekapseln von NEXE mit BPI-Zertifizierung gewechselt.
Die innovative Technologie von NEXE, die durch Patente wie das U.S. Patent Nr. 12,004,678 geschützt ist, verfügt über eine vergrößerte Filterfläche für eine bessere Kaffeeextraktion und verbesserten Geschmack. Diese Partnerschaft stellt einen bedeutenden Meilenstein für die Skalierung des Geschäfts und die Wachstumsstrategie von NEXE dar.
- Secured multi-year manufacturing agreement with established coffee retailer
- Successfully completed second delivery to Bridgehead Coffee
- Product available through major retail channels including Costco and Whole Foods
- Patent protection for key technology features
- None.
NEXE's BPI-certified compostable coffee pods provide Bridgehead Coffee with a sustainable solution to expand its offerings and help drive market share growth
"NEXE is proud to strengthen our partnership with Bridgehead Coffee through this multi-year agreement, highlighting the value of our BPI-certified compostable pods and technology," said Ash Guglani, President of NEXE Innovations. "This agreement underscores the growing demand for sustainable solutions in the coffee industry and sets the stage for continued collaboration based on our shared commitment to the environment."
The latest delivery includes the same SKUs (Centro House and Bytown Boom) delivered previously and are available for purchase at select Farm Boy retail locations and on the Bridgehead website: https://www.bridgehead.ca/.
With this partnership, Bridgehead has transitioned from compostable soft-bottom coffee pods to NEXE's BPI-certified compostable coffee pods, which align with Bridgehead's dedication to high-quality coffee experiences. The NEXE fully compostable, single-use beverage pod has several key competitive features protected by patents, including innovative technology that increases the filter area (
Bridgehead was one of the first coffeehouses in
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
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
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 Bridgehead Master Manufacturing Agreement. 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.
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SOURCE Nexe Innovations Inc.
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