NuZee (d/b/a/ Coffee Blenders(R)) Announces Formation Of Sales Advisory Team To Fuel Projected Growth

NuZee, Inc.

PR85995

 

PLANO, Texas, Oct. 8, 2020 /PRNewswire=KYODO JBN/ --

 

NuZee, Inc. (NASDAQ: NUZE) ("NuZee" or "the Company"), a specialty coffee

company and a leading U.S. single serve pour-over coffee producer and

co-packer, today announced that it has formed an Advisory Team to help develop

and implement enhanced sales strategies to fuel growth and to identify

potential operational efficiencies. Selected by NuZee's management for their

industry knowledge, alignment with the goals of the Company, expertise in

packaging, B2B sales, production efficiencies, and dedication to coffee, the

team members will make themselves available from time to time to make

introductions to companies who could benefit by doing business with NuZee.

 

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Logo - https://mma.prnewswire.com/media/886568/NuZee_Logo.jpg    

 

The Advisory Team members are expected to provide valuable expertise and

introductions to leadership as it continues to focus on NuZee's growth of its

B2B co-packing capabilities. As one of the largest U.S. commercial co-packers

of alternative single serve pour over coffee formats, NuZee aims to raise the

profile of its industry-disrupting formats, which cater to discerning customers

who value flavor, sustainability, and convenience. The Advisory Team members

supporting this vision will initially consist of:

 

Stanley Soebianto Stanley brings over a decade of expertise in green coffee

sourcing, formulating proprietary blends and advising companies on paths to

achieve their growth goals in the coffee space. Stanley is a visionary leader

with a proven record of capturing unseen opportunities and developing cutting

edge marketing/branding approaches to achieve significant results. Stanley is

also highly regarded in the coffee space for introducing new or enhanced

operational efficiencies to existing organizations. Stanley states, "I believe

that the products NuZee produces are the future in North American single serve

coffee from both an environmental and consumer standpoint. As the pour-over

formats grow in popularity among consumers, I am optimistic that this could be

the front runner for single serve coffee in the future."

 

Jill Talcott Jill is a senior food technology innovator who has brought key

innovations to companies such as Starbucks and Campbell Soup Company over the

past 20 years. She has a proven track record of bringing new products and

categories from idea through commercialization to launch. She is a highly

motivated strategic leader who helps companies expand by leveraging assets and

capabilities to create new growth channels. Because of her decades of hands-on

experience, Jill is able to successfully complete the most complex and

challenging projects and timelines. Jill states, "I have a deep passion for

coffee and love the culture that surrounds it. NuZee's portfolio of single

serve options make a great cup of coffee nearly anywhere."

 

Brent Toevs, owner of SEB Coffee who offers 20+ years of experience in the

coffee industry. Mr. Toevs is a professional business leader who is most

notably known for co-founding National Coffee, one of the nation's largest

office coffee brokerage services as well as being the former CEO of Marley

Coffee International (Jammin Java Corp) from 2011 to 2016. Mr Toevs said, "I am

thrilled to be joining the NuZee Advisory Team. I look forward to working with

Masa Higashida, Travis Gorney and the rest of the team to grow their formats

and brands domestically and internationally."

 

Tokunori Yamamoto PhD, research professor at Nagoya University Hospital and is

well known for the dozens of awards as a result of his research efforts,

including a Japan Biorheology Best Paper Award, a FASEB Renal Microcirculation

Investigation Award, and a Japan Medical Engineering Award (Ogino Award). His

practices specialize in, among other fields, Biological Engineering. Mr.

Yamamoto said, "I am honored to join NuZee's Advisory Team and believe single

serve pour over coffee has the potential to become as popular in the United

States as it is in Japan. I would like to try to help NuZee explore

commercializing coffee by-products. D-Mannose extracted from spent coffee can

be used for my studies and if NuZee is successful in utilizing spent grounds

from its coffee manufacturing overage, it could complete the loop of NuZee's

use cycle and further its commitment to the environment and producing an

eco-friendly cup of coffee."

 

Masa Higashida, President and CEO of NuZee, added, "I look forward to working

with this diverse team of industry veterans to drive innovation and growth,

helping us to lead adoption of single serve pour over coffee in the U.S.". Mr.

Higashida continued, "This move is anticipated to help us widen our network,

which aligns with our goal to expand our B2B partnerships with national brands

& coffee roasters."

 

About NuZee and Coffee Blenders

 

NuZee, Inc. (d/b/a Coffee Blenders(R)) is a specialty coffee company and a

leading U.S. single-serve pour-over coffee producer and co-packer. We own

sophisticated packing equipment developed in Asia for pour over coffee

production. We co-pack single-serve pour-over coffee products for customers in

the U.S. market and have a subsidiary in Seoul Korea where we manufacture drip

cup coffee and tea bag coffee for the Asian market. Our California production

facility is an SQF level 2 and Organic certified coffee production and

packaging facility.

 

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. Statements that are not historical facts, including

statements regarding expectations, hopes, intentions or strategies regarding

the future are forward-looking statements. NuZee cautions you that such

statements are only 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: the effects of the COVID-19 pandemic on

our operations and general economic conditions, general market acceptance of

the product, and our need for substantial additional funds. For a 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 other sections of the Company's

public reports filed with the SEC.

 

SOURCE: NuZee, Inc.

 

CONTACT: NuZee Investor Relations: Shanoop Kothari, Vice President, Chief

Financial Officer and Chief Operating Officer, +1 (713) 530-7688,

shanoop@coffeeblenders.com

 

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