Generation NEXT Franchise Brands, Inc. Announces Robot Installations Across 32 North American Cities
BY GLOBENEWSWIRE — 15 MINUTES AGO
Company Updates its Goal to 750 Installations by the End of the Calendar Year Resulting in Approximately $30,000,000 in Revenue Recognition for the First Half of Fiscal 2019.
SAN DIEGO, CA , Aug. 28, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Generation NEXT Franchise Brands, Inc. (VEND) announced today that the company is ramping production and delivery of its proprietary Reis & Irvy’s robotic frozen dessert vending kiosks after a brief delay that forced the company to redesign two key components.
By mid-August, the company had successfully delivered 15 units to franchisees in twelve cities across nine U.S. states as well as the province of Alberta, Canada. “After these initial installations, our Franchisee Support Team, in close contact with our franchisees, made us aware of two separate issues. The first issue was that we identified candy toppings ‘ricocheting’ out of the dispensing chute, resulting in the toppings, in some cases, landing outside of the cup, this resulted in the second issue which was the spillage becoming visible in the base of the unit. As a result, we decided to pause production in order to resolve this issue, which involved the design, prototyping and manufacturing of a newly-designed candy dispenser and drip tray. After thorough testing, we’re confident the new components have addressed the issues, and both previous and existing installations have been upgraded with the new components,” said Generation NEXT Franchise Brands (VEND) Chairman and Founder, Nick Yates. “We believe we have passed our last design hurdle and we are now moving closer towards full-scale production.”
Locations, Locations, Locations
“We expect approximately 40 finished units to roll off the factory floor this week alone,” Yates added. “We anticipate these units will be delivered to franchisees in more than two dozen U.S. cities over the next 30 days or less.”
Notable locations scheduled for installation over the next 14 days include the Indianapolis Airport (Indianapolis, IN), Dallas Stars Hockey Club (Plano, TX), Houston Baptist University (Houston, TX), First Class Concessions at Fort Wayne International Airport (Fort Wayne, IN), University of New Mexico (Albuquerque, NM), Texas State University (San Marcos, TX), Gulfport High School (Gulfport, MS), Discovery Center (Boise, ID), Columbia Mall (Bloomsberg, PA), Groupon HQ (Chicago, IL), Bluegreen Vacations - Club 36 (Las Vegas, NV), Springfield Mall (Springfield, PA), Laserdome (Manheim, PA), Mockingbird Valley Indoor Soccer Club (Louisville, KY), Wayne State University (Detroit, MI), Oklahoma Christian University (Oklahoma City, OK), North East Mall (Hurst, TX), The Amazium (Fayetteville, AR), Porter Adventist Hospital (Denver, CO) and Quantum Leap (Johnson City, TN).
