U-Vend Signs Agreement To Become Exclusive Self-Serve Merchandiser Of "Arthur's Smoothies" Throughout Canada
SANTA MONICA, CA--(Marketwired - Aug 12, 2014) - - August 12, 2014 - U-Vend, Inc. (PINKSHEETS: UVND) (the "Company"), a consumer products and technology company that develops, distributes and markets various next-generation self-serve electronic kiosks in a variety of locations including grocery stores, drug stores, mass merchants, malls, and other retail environments across North America, announced today that they have exclusive rights for the distribution and sale of "Arthur's Smoothies" in self-serve merchandising units throughout Canada.
Paul Neelin, founder and COO of U-Vend, Inc., stated: "Our new relationship with the all-natural Arthur's Smoothies brand provides U-Vend with a tremendous opportunity, in particular, to have secured the exclusive right for the introduction of Arthur's branded self-serve kiosks and merchandisers in the Canadian market. This agreement allows U-Vend the prospect of placing the Arthur's Smoothies kiosks and merchandisers in the hundreds of high-volume big box stores, sporting facilities, shopping malls, convenience stores, cafeterias and airports located throughout Canada."
The Arthur's Smoothies self-serve kiosks can be fully-managed remotely, allowing kiosk operators the ability to go online and check sales, bank deposits, inventory controls, change advertisements and promotions on the digital screen, and reorder new stock around the clock, from anywhere, anytime.
Utilizing its "soft roll-out" strategy, U-Vend will be installing its first set of kiosks in the Ontario, Canada region, with a stated goal of positioning additional kiosks in strategic, high-traffic areas throughout Canada over the next several months.
"The kiosks will also have our UV Digital screen displaying the complete line of Arthur's products available, nutritional information, new location openings, and information on how interested distributors can become an Arthur's kiosk owner/operator," added Neelin.
The Arthur's branded merchandiser will be a self-serve, glass-top refrigerated appliance that will be placed into cafeterias, convenience stores, and grocery stores, all of whose inventory and fulfillment will be managed by U-Vend.
"We are very pleased to have established a partnership with U-Vend and look forward to working with Paul and his team in building out the presence and availability of our Arthur's Smoothies products across Canada," stated Jennifer Rodrigues, Sales Manager for the Arthur's brand.
Recently, lawmakers in both the US and Canada have placed calorie restrictions on vending products being served in school programs starting in 2014. U-Vend and Arthur's are well below the calorie restrictions and are well suited for school programs seeking better for you options for students and staff.
ABOUT ARTHUR'S
Arthur's is a brand of fresh juice and smoothies in berry, mango, carrot, strawberry rainforest, strawberry banana, pineapple coconut, green energy, and grape flavors. Currently, Arthur's products are offered through milk distributors and grocery stores throughout Canada. For more information, visit www.arthursfresh.com.
ABOUT U-VEND, INC.
U-Vend, Inc. is currently headquartered in Santa Monica, CA. with additional locations in Stoney Creek, Ontario Canada, Chicago, IL, and Williamsville, NY. U-Vend develops, distributes and markets various "next-generation" self-serve electronic kiosks in a variety of locations ranging from grocery stores, drug stores, mass merchants, malls, and other retail locations in North America. The Company owns and operates kiosks with a particular focus on "Healthy Vending" and has partnered with numerous national consumer product companies to deliver new and unique customer retail experiences in an automated setting. For more information on U-Vend, visit www.u-vend.com.
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Forward Looking Statements
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to market acceptance for the Company's products and services, its ability to succeed in increasing revenues in the near term to attain profitable operations and generate sufficient cash flow from operations, the effect of new competitors in its markets, its integration of acquired businesses, and other risk factors identified from time to time in its filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and current reports on Form 8-K which are available at the SEC's website www.sec.gov. Other factors not currently anticipated may also materially and adversely affect the Company's results of operations, financial position, and cash flows. There can be no assurance that future results will meet expectations. While the Company believes that the forward-looking statements in this news release are reasonable, the reader should not place undue reliance on any forward-looking statement. In addition, these statements speak only as of the date made. The Company does not undertake, and expressly disclaims any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
