Generation Next Announces Debut of Frozen Dessert

Innovative robotic vending robots will showcase the future of on demand frozen desserts to the world’s largest food and beverage exposition, booth #8834

SAN DIEGO, CA., May 09, 2018 (GLOBE NEWSWIRE) -- Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) Once every year, the food industry convenes on downtown Chicago to taste, explore and witness the latest food innovations making their mark on the restaurant world. From foodies and executive chefs to equipment vendors and restauranteurs, the National Restaurant Show pulls together the “who’s who” of the industry. While this year promises the debut of a number of new players and concepts in the market, Generation NEXT Vending Robots, Inc. and its sister franchise concept, Reis & Irvy’s, Inc., will be showcasing a technology that no one in the food industry has seen before.

The San Diego-based company, which is a wholly-owned subsidiary of Generation NEXT Franchise Brands, Inc. (OTCQB:VEND), will be exhibiting its patented robotic vending technology and flagship product - the world’s first robotic frozen dessert vending machine. The technology, which was showcased at last month’s CinemaCon trade show in Las Vegas, serves customers seven delicious flavors of frozen yogurt, ice cream, gelato or sorbet and offers a choice of up to six customized toppings. Each serving is created in under 60 seconds and delivered by a multi-axis robotic arm.

The robotic vending robot, which can be placed in a variety of location categories, will be a welcome addition to restaurants that do not currently have a dessert option. Furthermore, the robots can enhance the customer experience by providing an engaging experience with hi-tech theatrics and an entertaining user interface. 

More importantly, the robot can provide an additional, high margin revenue stream offering owners the chance to provide a unique customer experience that is unmatched, while generating additional profits. With the growing impact of technology and innovation in foodservice, the Generation NEXT vending robots will play a pivotal and a much-needed disruptive role in the way the industry and its customers experience frozen dessert.

“We are delighted to meet with restaurant industry leaders and establishment owners at this year’s NRA show,” said Nick Yates, Chairman of Generation NEXT. “The value proposition of combining high margin frozen dessert options, a very small footprint and minimal labor is something we believe will be well received”.

If you will be attending the 2018 National Restaurant Association trade show in Chicago May 19-22, the team at Generation NEXT welcomes you to experience a customized demonstration of both its robot and its delicious offerings. Find out how restaurants and dining establishments may benefit from a Generation NEXT Vending Robot, including:

• A fully-interactive dessert option for customers
• An engaging and unmatched customer experience
• The ability to build repeat business
• A small footprint – only 15 square feet
• An operating attraction 24/7
• Minimal maintenance
• High margins that create additional revenue for any location

For more information on the revolutionary Generation NEXT Vending Robots or to learn more about how you can bring this technology to your business or location, make sure to visit them at the National Restaurant Show, Booth #8834 or visit www.vendingrobots.com or call toll free (888) 902-7558.

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. No Reis & Irvy’s frozen yogurt robot franchises will be sold to any resident of any state until the offering has been exempted from the requirements of, or duly registered in and declared effective by, such state and the required FDD (if any) has been delivered to the prospective franchisee before the sale with applicable law. Currently, the following states in the United States regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you reside in one of these states, or even if you reside elsewhere, you may have certain rights under applicable franchise laws or regulations.

About Generation NEXT Franchise Brands, Inc.

Generation NEXT Franchise Brands, Inc., based in San Diego, California, is a publicly traded company on the OTC Markets trading under the symbol: VEND. Generation NEXT Franchise Brands is parent company to Fresh Healthy Vending LLC, the market’s leading healthy-choice vending machine franchise, Reis and Irvy's, Inc., the world’s first robotic frozen dessert vending kiosk, 19 Degrees, a corporate-focused frozen dessert robot brand and Generation NEXT Vending Robots, our newly established owner/operator model. The Company has sold over 600 franchises throughout the United States, Canada, Puerto Rico and the Bahamas, and continually looks to partner with like-minded entrepreneurs who share its vision.

Cautionary note on forward-looking statements

This press release contains "forward-looking statements" 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 include, among others, statements concerning our future financial performance, including statements regarding: our ability to generate revenue and recognize deferred revenue; our ability to timely launch delivery and installation of our frozen yogurt robots; and our ability to grow our franchising and licensing divisions and launch our corporate-owned and direct sales platforms. The Company bases these forward-looking statements on its current expectations, estimates and projections about future events and the industry in which it operates using information currently available to it. Actual results could differ materially from those discussed in, or implied by, these forward-looking statements. Forward-looking statements are identified by words such as "believe," "anticipate," "propose," "expect," "intend," "plan," "will," "may," "estimates," variations of such words and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Factors that could cause actual results to differ from those implied by the forward-looking statements contained in this press release are set forth in our fillings with the Securities and Exchange Commission (SEC), including our most recent Annual Report on Form 10-K for the year ended June 30, 2017, our Quarterly Reports, and our Current Reports on Form 8-K. Be advised that developments subsequent to this press release are likely to cause these statements to become outdated and the Company is under no obligation (and expressly disclaims any such obligation) to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.

Contact: Reis & Irvy’s Lisa Delaney lisa.delaney@gennextbrands.com