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Nexe Innovations Inc
Symbol NEXE
Shares Issued 97,293,297
Close 2025-03-13 C$ 0.265
Market Cap C$ 25,782,724
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Nexe completes fifth delivery to Ekocups

2025-03-13 16:38 ET - News Release

Mr. Ash Guglani reports

NEXE INNOVATIONS MAKES FIFTH DELIVERY TO U.S.-BASED EKOCUPS

Nexe Innovations Inc. has completed its fifth delivery to Ekocups. Nexe is also working with Ekocups to develop new blends and product offerings. Ekocups is a well-established company based in the United States that sells its coffee products on-line, and it is a high-volume seller through Amazon.

The company believes this repeat order reinforces the durability and recurring nature of its revenues as the company continues to strengthen its relationships with partners. In the company's view, increasing order volumes and frequency of orders reflect the market's continued transition toward sustainable coffee solutions. The company sees its BPI-certified compostable coffee pod as a competitive, eco-friendly alternative that meets consumer expectations for convenience and sustainability. The company believes what sets the Nexe BPI-certified compostable coffee pod apart from other eco-friendly and plastic pods is the advanced extraction technology that provides a superior coffee experience.

"We are excited to see sustained demand for the Nexe BPI-certified compostable coffee pods and to continue supporting our partners like Ekocups," said Ash Guglani, president of Nexe. "Additionally, we are actively working with Ekocups on expanding product offerings with new blends to provide even more choices for environmentally conscious coffee drinkers."

About Nexe Innovations Inc.

Nexe Innovations is focused on providing innovative compostable material solutions and packaging to the B2B (business-to-business) 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. Its flagship product, the Nexe pod, a BPI-certified compostable coffee pod, showcases the 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 North America.

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