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NewAge, Inc. (NBEV)

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  • NewAge Announces Timing for First Quarter 2021 Financial Results and Conference Call
    GlobeNewswire

    NewAge Announces Timing for First Quarter 2021 Financial Results and Conference Call

    DENVER, May 04, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy products company intending to become the world’s leading social selling and distribution company, today announced that it will release financial results for its first quarter ended March 31, 2021, before the stock market opens on Monday, May 10, 2021. The company will hold a conference call and webcast for investors at 8:30 a.m. Eastern Time that same day. Interested investors can dial into the conference call to hear the details of management's update and participate in a question and answer session. Date: Monday, May 10, 2021Time: 8:30 a.m. Eastern Time Toll-free dial-in number: 1-877-407-3982International dial-in number: 1-201-493-6780Conference ID: 13719620 The conference call will also be broadcast live and available for replay here and via the investors section of the company’s website at https://newagebev.com/en-us/our-story/investors. The webcast replay will be available for approximately 45 days following the call. Please call the conference telephone number 15 minutes prior to the start time due to increased demand for conference calls. You will be asked to register your name and organization. A replay of the conference call will be available after 11:30 a.m. Eastern Time on the same day through Monday, May 17, 2021. Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671 About NewAge, Inc. NewAge is a purpose-driven firm intending to become the world’s leading social selling and distribution company. Colorado-based NewAge commercializes a portfolio of organic and healthy products worldwide through primarily a direct route-to-market system. The company competes in three major category platforms including health and wellness, healthy appearance, and nutritional performance and leads a network of more than 400,000 exclusive independent distributors and brand partners around the world. The Company operates the websites NewAge.com, Noninewage.com, Ariix.com, Mavie.com, Thelimucompany.com, Zennoa.com and a number of other individual brand websites. Safe Harbor Disclosure This press release contains forward-looking statements that are made under 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. Forward-looking statements are any statement reflecting management's expectations regarding future results of operations, economic performance, and financial condition. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable, but there is no assurance they will prove to be accurate. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties and actual results may differ materially. NewAge competes in a rapidly growing and transforming industry and risk factors, including those disclosed in the Company's filings with the Securities and Exchange Commission, might affect the Company's operations. Unless required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements. For investor inquiries about NewAge please contact: NewAge Investor Relations:Riley TimmerVice President, Investor RelationsTel: 1-801-870-8685Riley_Timmer@NewAge.com

  • NewAge Launches New Children’s Multivitamin With Better Absorption for Immune System Support
    GlobeNewswire

    NewAge Launches New Children’s Multivitamin With Better Absorption for Immune System Support

    DENVER, May 03, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc., the Colorado-based organic and healthy products company intending to become the world’s leading social selling and distribution company, announced today the launch of Nutrifii Kids™ Chewable Multivitamin, a daily supplement for support of the healthy development and immune systems of children and adolescents. According to the World Health Organization (WHO), school-age children, adolescents and adults are eating too many sugary foods and drinks and refined grains, and not enough foods that promote health such as fruits, vegetables, and whole grains. About 30% of all school-age children do not eat any fruit daily, yet over 40% of children consume a soft drink every day. New analysis of over 23,000 consumer packaged food products shows 69% are of relatively poor nutrient quality. The global dietary supplements market size was valued at $140.3 billion USD in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.6% from 2021 to 2028. NewAge intends to earn its share of this growing market, leveraging the social selling influence of its more than 400,000 brand partners and customers around the world. SUPERIOR FORMULA, SUPERIOR ABSORPTION The company intentionally chose a chewable tablet instead of a gummy as the delivery system. Unlike sugar-laden gummy vitamins, the Nutrifii Kids Chewable Multivitamin is free from sugar, artificial colors, flavors and sweeteners, is non-GMO, and gluten, lactose and soy-free. Using a unique micro-compression tablet processing technology that utilizes the most effective delivery method, Nutrifii Kids Chewable Multivitamin is formulated for optimal absorption. Test marketed in one of NewAge’s leading markets, the brand met with resounding success selling more than $3 million and more than 1,000 bottles in its first day of sale. NewAge’s Nutrifii Kids officially launches in the U.S. on May 1, 2021 with other global markets to follow. NewAge has been growing more than 40% organically in North America year-to-date, and the new launch is expected to build on the region’s success. CLOSING THE NUTRITION GAP "Today, many parents have a heightened awareness of maintaining their families' health and immunity, especially during these trying times,” said Deanna Latson, NewAge Chief Product Officer. “We studied every available kids supplement on the market. We were dismayed with what we uncovered in the predominance of the products and were motivated to make a difference with what we believe to be the best kids supplement available worldwide. Parents around the globe are struggling to fulfill the daily nutrient requirements due to hectic work schedules and changing lifestyles. And as hard as parents may try, kids don't always get the required nutrients they need. To help families achieve immune-boosting health, we're dedicated to using high-potency ingredients that help fill the nutrition gap.” Like other formulas in the Nutrifii™ line, Nutrifii Kids Chewable Multivitamin was developed using the latest science and only the highest-quality ingredients to provide children of all ages with the additional nutritional support they may not receive from diet alone. Offering a comprehensive array of vitamins, minerals, digestive enzymes, antioxidants, phytonutrients and super plant extracts – including 18 different fruits and vegetables – Nutrifii Kids Chewable Multivitamin provides a solid foundation to help children’s bodies stay healthy and strong.† For more information, visit nutrifii.com. † These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease. About NewAge, Inc.NewAge is a purpose-driven firm intending to become the world’s leading social selling and distribution company. Colorado-based NewAge commercializes a portfolio of organic and healthy products worldwide through primarily a direct route-to-market system. The company competes in three major category platforms including health and wellness, inner and outer beauty, and nutrition and weight control — leading a network of more than 400,000 exclusive independent distributors and brand partners around the world. The company operates the websites newage.com, noninewage.com, ariix.com, mavie.com, thelimucompany.com and zennoa.com websites. For investor inquiries about NewAge, please contact: NewAge Investor Relations:Riley TimmerVice President, Investor RelationsTel: 1-801-870-8685Riley_Timmer@NewAge.com For media inquiries about NewAge, please contact: NewAge Public Relations:Mindy EardleyPR/Communications ManagerTel: 1-801-573-4818Mindy_Eardley@NewAge.com

  • NewAge Europe on Record Pace for Growth, Experiencing Tremendous Surge in Brand Partners and Customer Growth and Attendance at Virtual Events
    GlobeNewswire

    NewAge Europe on Record Pace for Growth, Experiencing Tremendous Surge in Brand Partners and Customer Growth and Attendance at Virtual Events

    DENVER, April 30, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based organic and healthy products company intending to become the world’s leading social selling and distribution company, today announced record net revenue growth in Europe, record numbers of new Brand Partners joining the Company, and record attendance at their virtual events, with more than 18,000 current and prospective Brand Partners participating in their most recent outing. NewAge, Inc. that was formed with the merger of ARIIX, Morinda, and four other E-commerce companies in November 2020, has been experiencing accelerated organic growth building on the success of the merger and the excitement associated with it. NewAge Europe, under the leadership of Region President Cameron Bott has been experiencing triple-digit organic growth closing out 2020 and has been carrying forward the success into 2021. Tens of thousands of new Brand Partners have joined the company just in the past few months in the key Western European focus markets of France, Italy, Spain, Belgium, and the UK. Additionally, tens of thousands of new customers have become recent subscribers to NewAge’s portfolio of healthy products. NewAge™ recently created high-end online interactive technology platforms that now enable the Company’s virtual events to be broadcast real-time across 12 different languages. NewAge also set a new record with more than 18,000 attendees at the live-streamed events throughout Europe encompassing 21 countries with a total social media reach of almost 200,000 people. Cameron Bott, President of Europe commented, “We are seeing the incredible growth in Europe that we experienced in 2020 now just accelerate in 2021 with all the new Brand Partners joining us. Our digital and social media marketing and selling activities are expanding exponentially and having a tremendous impact on our revenue growth. The pandemic has effected how we conduct business everywhere, but we have rapidly responded and adjusted our model and as a result are using the change as an opportunity and a growth catalyst.” NewAge recently presented its first ever combined awards program at the most recent virtual event since converging the companies. Hundreds of NewAge Brand Partners were recognized for their achievements and contributions in the immersive online experience. Using virtual reality and AR, the event featured many executives on stage via holograms to present the awards, including Group President Mark Wilson, and CEO Brent Willis. About New Age, Inc.NewAge is a purpose-driven firm intending to become the world’s leading social selling and distribution company. Colorado-based NewAge commercializes a portfolio of organic and healthy products worldwide through primarily a direct route-to-market system. The company competes in three major category platforms including health and wellness, inner and outer beauty, and nutrition and weight control — leading a network of more than 400,000 exclusive independent distributors and brand partners around the world. The company operates the websites newage.com, noninewage.com, ariix.com, mavie.com, thelimucompany.com and zennoa.com websites. For investor inquiries about NewAge, please contact: NewAge Investor Relations:Riley TimmerVice President, Investor RelationsTel: 1-801-870-8685Riley_Timmer@NewAge.com For media inquiries about NewAge, please contact: NewAge Public Relations:Mindy EardleyPR/Communications ManagerTel: 1-801-573-4818Mindy_Eardley@NewAge.com