Soft N Dry Announces First Major Private Label Contract with National Baby Care Customer in Mexico

NEWS RELEASE

Soft N Dry Announces First Major Private Label Contract with National Baby Care Customer in México

Company partners with new baby care brand ecoSuave Pañales de México that utilizes the Soft N Dry Tree Free baby diaper patented technology ecoFlex Core™ for its new line of eco diapers

TORONTO, ON, CANADA & TIJUANA, MÉXICO / November 20, 2023 – Soft N Dry Diapers Corp. (Soft N Dry) has announced today it entered into definitive agreement with Tijuana-based ecoSuave Pañales de México (translation ecoSoft diapers) to utilize its ecoFlex Core baby diaper technology for its new line of eco baby diapers. Under the terms of the agreement, ecoSuave will take delivery of four million Soft N Dry diapers with ecoFlex Core in the first part of 2024 and will brand the diapers domestically for the Mexican market under their brand ecoSuave.


Matthew Keddy, CEO of Soft N Dry, said “As Soft N Dry enters full commercialization we are delighted to announce our first major private label contract. Our partnership with ecoSuave marks a new era in our industry where product innovation delivers greater performance and value to end consumers and what matters most to their babies. With this new sales agreement, we are poised to further roll-out our ecoFlex Core™ technology for private label with grocery stores, pharmacies and online stores, new and existing baby diaper Brands looking for a diaper core technology advantage, and OEM diaper contract manufactures in key international markets throughout the Americas and Canada. This is a great start to our commercial rollout and we believe 2024 will be a transformative year.” 


Ricardo S. Serrano, ecoSuave Pañales de México Presidente said, “Our mission at ecoSuave is to be México's most cutting-edge eco-diaper with a new generation of technology and dryness that outperforms the standard tree-pulp baby diaper core. By partnering with Soft N Dry we secure a competitive advantage in the market for our new line of baby diapers that utilize ecoFlex Core™ technology so that moms and dads simply get a better performing baby diaper that is softer, dryer and costs less than other premium diapers on the market. With a population of 127 million, México is a hub and spoke market. We provide our new partner Soft N Dry with a dynamic domestic market, combined with a manufacturing prowess to expand north into the United States and further south throughout the Americas.”


About ecoSuave Pañales de México

ecoSuave Pañales de México is a new baby diaper brand founded by a team of executives with decades of experience in México. Our mission is to deliver a new generation of eco diaper that rewrites the rules and says that sustainable can be softer, it can cost consumers less and it can outperform the tree-fibre core technology developed for baby diapers in the 1970s that has changed very little to the benefit of consumers or the environment. Please see us at www.ecoSuave.mx.


About Soft N Dry Diapers Corp.

Soft N Dry Diapers Corp. (SDC) is a Canadian advance materials company operating globally in the $60 billion disposable baby diaper market. With its proprietary ecoFlex Core technology, commercial retail and manufacturing customers in North and Latin America benefit from higher product performance and sustainability outcomes than currently available tree-pulp based materials widely used on the market. As a new industry standard, SDC aims to create value for shareholders, partners, customers and end consumers all seeking to reduce single-use plastics with new products that outperform and disrupt the established alternative.  For more information, please visit www.SoftNDryCorp.com and www.SoftNDry.mx.


Contact Information:


Email: press@SoftNDry.com 


Forward-Looking Statements

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, including the terms and conditions of the Proposed Transaction and future developments and the business and operations of the "Resulting Issuer" after the Proposed Transaction are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Corporation and the opinions and estimates of management as of the date of this press release, including that the terms and conditions of the Proposed Transaction will be as anticipated by management and future developments and the business and operations of the "Resulting Issuer" after the Proposed Transaction will be as anticipated by management. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, that the terms and conditions of the Proposed Transaction will not be as anticipated by management or will not close at all; the terms and conditions of the Proposed Financing will not be as anticipated by management or will not close at all; and future developments and the business and operations of the "Resulting Issuer" after the Proposed Transaction will not be as anticipated by management. Although management of the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Corporation does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.


SOURCE: Soft N Dry Diapers Corp.

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