U.S. Markets closed

FlexFridge's Business Model: Revenue Sharing and Retail

CHICAGO, IL / ACCESSWIRE / April 26, 2016 / FlexFridge Inc. (FLXR), The world’s first foldable mini-fridge company will solicit businesses and colleges to enter into a revenue sharing agreements for our commercial version and to sale our consumer version in retail stores. The revenue sharing agreements will share the rental fees for mini-fridges guests or students during their stay. The commercial version of FlexFridge will be more durable than the consumer version.

The consumer version will be sold outright at retail stores or will be leased through the company’s website. The Company believes that many users of the mini-fridge would only need the mini-fridge for a short period of time, a few days or a whole school year which is about 9 months. The consumer will rent the mini-fridge through the company’s website, provide a deposit for the fridge, the company will ship the mini-fridge to the consumer and at the end of the rental period, the consumer will send back the fridge. The Company will then refund the deposit minus the rental fee. The company has already received some interest from the public.

FlexFridge will offer a series of flexible, mini-fridges that utilize wheels and a handle for transportation and mobility. Businesses, hotels, and individual consumers can make use of this portable mini-fridge for a variety of purposes, including: hotel guest rental, outdoor parties, and dorm rooms.

The FlexFridge is the first device of its kind. Its built-in rechargeable battery allows for up to eight hours of mobile refrigeration, and its gyroscopic compressor means it can be stored in any position and still function perfectly.

Those interested can see the FlexFridge for themselves at www.flexfridge.com and opt into the newsletter to stay up to date with the progress of the world’s first foldable compact fridge.

About FlexFridge, Inc.

FlexFridge is a four-cubic-foot, foldable portable mini-fridge. It was designed to allow students, campers, hotels, and businesses easy access to spacious fridge-space. Customers can utilize the compact fridge in their dorm rooms, RVs, hotel rooms, or offices. FlexFridge has all the convenience of a cooler with all the power of a fridge.

SAFE HARBOR

A "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of terms such as "may," "expect," "intend," "estimate," "anticipate," "believe," "continue" (or the negative thereof), or similar terminology. Such forward-looking statements are subject to risk, uncertainties and other factors that could cause actual results to differ materially from future results implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. FlexFridge assumes no obligation, does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties not paid for by FlexFridge. Investors are encouraged to review FlexFridge’s public filings on SEC.gov, including its unaudited and audited financial statements and its Registration Statement, Form 10-Ks, and Form 10-Qs that contain general business information about the company’s operations, results of operations, and risks associated with the company and its operations. Please review all of our filings.

For more information, please contact:

Sales:
investors@flexfridge.com
(312) 614-1222
www.flexfridge.com

SOURCE: FlexFridge, Inc.