Co-packing growth continues, Company now
serves over 200 brands
RICHARDSON, Texas, May 30, 2023
/PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee
co-packing and technology company, announced today its receipt
of a purchase order from Ethical Bean, a Fairtrade certified
organic coffee roaster.
Ethical Bean uses a Bullfrog-powered facility designed to
Leadership in Energy and Environmental Design (LEED) commercial
interior standards and roasts its beans using a technology that
reduces greenhouse gas emissions by over 80%. Beyond its local
community outreach, Ethical Bean donates annually to Child Aid and
Project Somos, organizations that work to improve life in
Guatemala. Ethical Bean is the
recipient of the 2014 Fairtrade Canada "Licensee of the Year"
award.
Masa Higashida, NuZee CEO, stated, "Ethical Bean represents a
strong addition to our growing co-packing operations as a premium
coffee roaster with a strong footprint in major retailers including
Walmart and Costco. As one of Canada's largest suppliers of 100% Fairtrade
organic coffee, Ethical Bean supports our commitment to
sustainability and the creation of long-term market value for our
shareholders. We believe NuZee is now uniquely positioned to
continue scaling given our expanded manufacturing capabilities and
stellar reputation as a leading co-packer serving 200+ brands
across all formats."
About Ethical Bean Coffee
Founded in 2003 by spouses
Lloyd Bernhardt and Kim Schachte, the company roasts, cups, tests
and exports a variety of high-quality certified organic coffee
blends. By using only 100% Fair Trade and organic coffee,
Ethical Bean ensures their coffee producers are safe from coffee
market volatility, harmful pesticides and other chemicals.
The Company is known for being exclusively Fairtrade, its
innovative packaging and seasonal sourcing, which uses technology
to enhance transparency. Each bag includes a QR code that can be
scanned using the free Ethical Bean app to provide customers the
opportunity to watch interviews with farmers, look up cupping notes
and roast profiles, and find a Google Map indicating each bag's
beans down to the exact field from which they grew. "Just. Better."
is not just a tagline for Ethical Bean —it is the standard they
live by.
About NuZee Coffee
NuZee, Inc., (NASDAQ: NUZE), is a leading co-packing company
for single serve coffee formats that partners with companies of all
sizes to help them develop within the single serve and private
label coffee category. Providing innovative
and eco-conscious solutions with the flexibility and
capacity for both small roasters and large global
brands, NuZee is revolutionizing the way single serve
coffee is enjoyed in the United
States. Through the brand's unique
process, NuZee fulfills every aspect of co-packing needs,
from roasting and blending, to packing and packaging.
Forward-looking Statements
This press release contains forward-looking statements that are
made pursuant to the safe harbor provisions within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. NuZee
cautions you that such statements are simply predictions and actual
events or results may differ materially. These statements reflect
NuZee's current expectations and NuZee does not undertake to update
or revise these forward-looking statements, even if experience or
future changes make it clear that any projected results expressed
or implied in this or other NuZee statements will not be realized.
Further, these statements involve risks and uncertainties, many of
which are beyond NuZee's control, which could cause actual results
to differ materially from the forward-looking statements. These
risks and uncertainties, many of which are beyond our control,
include: NuZee's plan to obtain funding for its operations,
including funding necessary to develop, manufacture and
commercialize its products; the impact to NuZee's business from
COVID 19 global crisis; general market acceptance of and demand for
NuZee's products; and NuZee's commercialization, marketing and
manufacturing capabilities and strategy; for description of
additional factors that may cause NUZee's actual results,
performance or expectations to differ from any forward looking
statements, please review the information set forth in the 'Risk
Factors' and " Management's Discussion and Analysis of Financial
Condition and Results of Operations" sections of the NuZee's public
reports and NuZee's other filings made with the SEC.
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SOURCE NuZee, Inc.