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UMeWorld Limited Outlines New Products and Aggressive Expansion Strategy

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UMeWorld (OTC: UMEWF) has unveiled its strategic growth plan for the upcoming year, focusing on four main pillars:

1. Market Expansion with DAGola Cooking Oil: Introducing DAGola Premium Blend and pursuing partnerships with major U.S. retailers.

2. Expansion into Sports Nutrition: Developing new products for athletic performance and recovery.

3. Product Development and Innovation: Establishing a dedicated R&D center and appointing a Chief Research Officer.

4. Biofuel Development: Advancing biofuel strategy through planned acquisition of palm oil mills in Malaysia and finalizing a joint venture for the Integrated Palm Oil Project (IPOP).

The company aims to strengthen its position in the wellness sector and prepare for a potential uplisting to a higher exchange.

UMeWorld (OTC: UMEWF) ha svelato il suo piano strategico di crescita per l'anno prossimo, concentrandosi su quattro pilastri principali:

1. Espansione del mercato con l'olio da cucina DAGola: Introduzione del DAGola Premium Blend e ricerca di partnership con importanti rivenditori statunitensi.

2. Espansione nel settore della nutrizione sportiva: Sviluppo di nuovi prodotti per le prestazioni atletiche e il recupero.

3. Sviluppo e innovazione dei prodotti: Creazione di un centro di ricerca e sviluppo dedicato e nomina di un Chief Research Officer.

4. Sviluppo di biocarburanti: Avanzamento della strategia sui biocarburanti attraverso l'acquisizione pianificata di impianti di olio di palma in Malesia e finalizzazione di una joint venture per il progetto Integrated Palm Oil Project (IPOP).

La società mira a rafforzare la sua posizione nel settore del benessere e a prepararsi per un possibile passaggio a una borsa di valore più elevato.

UMeWorld (OTC: UMEWF) ha presentado su plan estratégico de crecimiento para el próximo año, centrándose en cuatro pilares principales:

1. Expansión de mercado con aceite de cocina DAGola: Introducción de DAGola Premium Blend y búsqueda de asociaciones con importantes minoristas en EE. UU.

2. Expansión en nutrición deportiva: Desarrollo de nuevos productos para el rendimiento atlético y la recuperación.

3. Desarrollo e innovación de productos: Establecimiento de un centro de I+D dedicado y nombramiento de un Director de Investigación.

4. Desarrollo de biocombustibles: Avance de la estrategia de biocombustibles mediante la adquisición planificada de fábricas de aceite de palma en Malasia y finalización de una empresa conjunta para el Proyecto Integrado de Aceite de Palma (IPOP).

La empresa busca fortalecer su posición en el sector del bienestar y prepararse para una posible cotización en una bolsa de valores de mayor nivel.

UMeWorld (OTC: UMEWF)가 내년에 대한 전략적 성장 계획을 발표하며, 네 가지 주요 축에 중점을 두고 있습니다:

1. DAGola 요리 기름으로 시장 확장: DAGola 프리미엄 블렌드 소개 및 미국 주요 유통업체와의 파트너십 추구.

2. 스포츠 영양으로의 확장: 운동 성능 및 회복을 위한 새로운 제품 개발.

3. 제품 개발 및 혁신: 전담 연구 개발 센터 설립 및 최고 연구 책임자 임명.

4. 바이오 연료 개발: 말레이시아의 팜유 공장 인수를 계획하고 있으며, 통합 팜유 프로젝트(IPOP)를 위한 합작 투자를 마무리하고 있습니다.

회사는 웰니스 부문에서의 입지를 강화하고 더 높은 거래소로의 업리스트 가능성을 준비하고자 합니다.

UMeWorld (OTC: UMEWF) a dévoilé son plan stratégique de croissance pour l'année à venir, axé sur quatre piliers principaux :

1. Expansion du marché avec l'huile de cuisine DAGola: Introduction du DAGola Premium Blend et recherche de partenariats avec de grands détaillants américains.

2. Expansion dans la nutrition sportive: Développement de nouveaux produits pour la performance athlétique et la récupération.

3. Développement et innovation des produits: Mise en place d'un centre R&D dédié et nomination d'un Directeur de la Recherche.

4. Développement des biocarburants: Avancement de la stratégie sur les biocarburants par le biais de l'acquisition prévue d'usines d'huile de palme en Malaisie et finalisation d'un partenariat pour le projet Integrated Palm Oil Project (IPOP).

L'entreprise vise à renforcer sa position dans le secteur du bien-être et à se préparer à une éventuelle cotation sur une bourse de valeur supérieure.

UMeWorld (OTC: UMEWF) hat seinen strategischen Wachstumsplan für das kommende Jahr vorgestellt, der sich auf vier Hauptsäulen konzentriert:

1. Markterweiterung mit DAGola Speiseöl: Einführung des DAGola Premium Blend und Verfolgung von Partnerschaften mit großen Einzelhändlern in den USA.

2. Expansion im Sporternährungsbereich: Entwicklung neuer Produkte zur Leistungssteigerung und Regeneration.

3. Produktentwicklung und Innovation: Einrichtung eines eigenen F&E-Zentrums und Ernennung eines Chief Research Officer.

4. Biodiesel-Entwicklung: Fortführung der Biodiesel-Strategie durch die geplante Übernahme von Palmölmühlen in Malaysia und den Abschluss eines Joint Ventures für das Integrated Palm Oil Project (IPOP).

Das Unternehmen verfolgt das Ziel, seine Position im Wohlfühlsektor zu stärken und sich auf eine mögliche Listung an einer größeren Börse vorzubereiten.

Positive
  • Introduction of DAGola Premium Blend, a larger size cooking oil with enhanced value
  • Potential partnerships with major U.S. retailers like Whole Foods, Trader Joe's, Walmart, and Amazon Fresh
  • Expansion into the fast-growing sports nutrition market
  • Establishment of a dedicated R&D center for product innovation
  • Planned acquisition of palm oil mills in Malaysia for biofuel production
  • Nearing final stages of a joint venture for the Integrated Palm Oil Project (IPOP)
Negative
  • None.

HONG KONG, Oct. 08, 2024 (GLOBE NEWSWIRE) -- UMeWorld Limited (OTC: UMEWF), a leading innovator in the wellness sector, today unveiled its strategic growth plan for the upcoming year, positioning the company for sustained success as it prepares for a potential uplisting to a higher exchange. Key to this plan is the continued market expansion of DAGola Cooking Oil, alongside entry into the sports nutrition market and significant advancements in biofuel development.

Strategic Growth Initiatives

UMeWorld's growth strategy for the next 12 months will be driven by four main pillars:

  1. Market Expansion with DAGola Cooking Oil
    UMeWorld is focused on strengthening its presence in the health-conscious consumer market with DAGola Cooking Oil, a premium product known for its innovative enzymatic process that reduces triglycerides by up to 80%, offering a healthier alternative to conventional oils. UMeWorld will soon introduce DAGola Premium Blend, featuring a larger size and enhanced value for consumers. The company is in active discussions with major U.S. retailers such as Whole Foods Market, Trader Joe’s, Walmart, and Amazon Fresh to secure prime shelf space and increase product visibility across the country.
  2. Expansion into Sports Nutrition
    The company plans to broaden its wellness product portfolio by entering the fast-growing sports nutrition market. UMeWorld is developing new products designed to support athletic performance and recovery, targeting both fitness enthusiasts and professional athletes. The company's R&D team will focus on creating innovative, clean-label products that meet the rising demand for effective sports nutrition solutions.
  3. Product Development and Innovation
    UMeWorld will continue to invest heavily in research and development, refining its product offerings to meet evolving consumer needs. Plans include the establishment of a dedicated R&D center focused on leveraging enzymatic technology for various applications, including cooking oil, skincare, biofuels, and nutritional supplements. UMeWorld is also in the process of appointing a Chief Research Officer to lead these initiatives and ensure that the company remains at the forefront of innovation in its markets.
  4. Biofuel Development
    UMeWorld is advancing its biofuel strategy through the planned acquisition of palm oil mills in Malaysia, a move that will enable the company to produce sustainable second-generation biofuels such as Sustainable Aviation Fuel (SAF) and Green Diesel. The company is nearing the final stages of a joint venture with its Integrated Palm Oil Project (IPOP), which will allow for the production of biofuels using palm oil and enzymatic technology, improving efficiency and supporting global sustainability goals.

CEO Commentary

"We are committed to driving transformative growth at UMeWorld Limited," said Michael Lee, CEO of UMeWorld Limited. "Our roadmap for the next year, including the expansion of DAGola Cooking Oil, entry into sports nutrition, and biofuel initiatives, sets the stage for a successful up-listing. With our focus on market expansion and continuous innovation, we are confident in our ability to deliver significant value to both our shareholders and our customers."

About UMeWorld Limited

UMeWorld Limited (OTC: UMEWF) is a wellness-focused company that develops and markets innovative products, including DAGola Cooking Oil, nutritional supplements, and biofuels. With a commitment to using cutting-edge technology to enhance health and wellness, UMeWorld is driving growth in multiple sectors, including food, nutrition, and renewable energy.

For more information, please visit www.umeworld.com or to submit questions that Mr. Lee will address on the call, simply visit our website and drop us a line.

Contact: Michael Lee, CEO
UMeWorld Limited
Email: info@umeworld.com

IR Contact:
Derek C. McCarthy
Email: derekcharlesm@gmail.com

Forward-Looking Statements
This press release may contain forward-looking statements, about UMeWorld's expectations, beliefs or intentions regarding, among other things, its product development efforts, business, financial condition, results of operations, strategies or prospects. In addition, from time to time, UMeWorld or its representatives have made or may make forward-looking statements, orally or in writing.

Forward-looking statements can be identified by the use of forward-looking words such as "believe," "expect," "intend," "plan," "may," "should" or "anticipate" or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. These forward-looking statements may be included in, but are not limited to, various filings made by UMeWorld with the U.S. Securities and Exchange Commission, press releases or oral statements made by or with the approval of one of UMeWorld's authorized executive officers. Forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause UMeWorld's actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause UMeWorld's actual activities or results to differ materially from the activities and results anticipated in such forward-looking statements, including, but not limited to, the factors summarized in UMeWorld's filings with the SEC. In addition, UMeWorld operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond its control. UMeWorld does not undertake any obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise. Please see the risk factors associated with an investment in our securities which are included in our Annual Report on Form 20-F and other periodic and current reports filed with the Securities and Exchange Commission.


FAQ

What are the main pillars of UMeWorld 's (UMEWF) growth strategy for the upcoming year?

UMeWorld 's growth strategy for the upcoming year focuses on four main pillars: 1) Market expansion with DAGola Cooking Oil, 2) Expansion into sports nutrition, 3) Product development and innovation, and 4) Biofuel development.

How is UMeWorld (UMEWF) planning to expand its DAGola Cooking Oil product line?

UMeWorld is planning to introduce DAGola Premium Blend, a larger size cooking oil with enhanced value for consumers. The company is also in active discussions with major U.S. retailers to secure prime shelf space and increase product visibility across the country.

What new market is UMeWorld (UMEWF) entering as part of its growth strategy?

UMeWorld is entering the fast-growing sports nutrition market. The company is developing new products designed to support athletic performance and recovery, targeting both fitness enthusiasts and professional athletes.

How is UMeWorld (UMEWF) advancing its biofuel strategy?

UMeWorld is advancing its biofuel strategy through the planned acquisition of palm oil mills in Malaysia and nearing the final stages of a joint venture with its Integrated Palm Oil Project (IPOP). This will enable the company to produce sustainable second-generation biofuels such as Sustainable Aviation Fuel (SAF) and Green Diesel.

UMEWORLD LIMITED

OTC:UMEWF

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44.22M
26.61M
75.93%
Packaged Foods
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