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MDWerks' Two Trees Beverage Subsidiary Announces Corporate Sponsorship of Blue Ridge Honor Flight
GlobeNewswire News Room· 2025-08-06 20:30
Core Viewpoint - MDWerks, Inc. and its subsidiary Two Trees Beverage Company are actively supporting U.S. veterans through a sponsorship with Blue Ridge Honor Flight, which facilitates free trips for veterans to visit national memorials in Washington D.C. [1][2][3] Group 1: Company Initiatives - Two Trees Beverage Company donates one dollar for each bottle sold from its tasting room to Blue Ridge Honor Flight, estimating support for two local veterans annually [2] - The sponsorship aims to honor local war veterans and assist them in overcoming financial and physical barriers to visit national memorials [3] Group 2: Company Background - MDWerks, Inc. is recognized for its commitment to sustainable technology and energy wave technologies, focusing on innovative solutions that reduce costs for businesses [4] - Two Trees Beverage Company, a subsidiary of MDWerks, specializes in creating fine spirits sustainably and has received multiple industry awards [5] - Another subsidiary, RF Specialties, LLC, implements automated radio frequency technology systems to address pressing challenges for companies, enhancing efficiency and sustainability [6]
MDWerks’ Two Trees Beverage Subsidiary Announces Corporate Sponsorship of Blue Ridge Honor Flight
Globenewswire· 2025-08-06 20:30
Core Viewpoint - MDWerks, Inc. and its subsidiary Two Trees Beverage Company are actively supporting U.S. veterans through a sponsorship with Blue Ridge Honor Flight, which facilitates free trips for veterans to visit national memorials in Washington D.C. [1][2][3] Group 1: Company Initiatives - Two Trees Beverage Company donates one dollar for each bottle sold from its tasting room to Blue Ridge Honor Flight, estimating support for two local veterans annually [2] - The sponsorship aims to honor local war veterans and assist them in overcoming financial and physical barriers to visit national memorials [3] Group 2: Company Background - MDWerks, Inc. is recognized for its commitment to sustainable technology and energy wave technologies, focusing on innovative solutions that reduce costs for businesses [4] - Two Trees Beverage Company, a subsidiary of MDWerks, specializes in creating fine spirits sustainably and has received multiple industry awards [5] - Another subsidiary, RF Specialties, LLC, implements automated radio frequency technology systems to address pressing challenges for companies, enhancing speed to market while reducing costs [6]
MDWerks Issues Shareholder Update
Globenewswire· 2025-05-13 21:30
Core Viewpoint - MDWerks, Inc. is focused on sustainable technology and has made significant progress in its business model, particularly with the launch of its "Whiskey-as-a-Service" (WaaS) initiative, which is expected to generate recurring revenue streams and enhance shareholder value [1][2][3][12]. Business Developments - The company successfully launched its WaaS business model, signing contracts for the construction and deployment of proprietary Spirits Rapid Aging Systems (SRAS) [2][3]. - Construction of SRAS units began in March 2025, with completion expected in the third quarter of 2025, leading to new recurring cash flow streams [4]. - MDWerks has entered into an asset purchase agreement to acquire 680 barrels of aged whiskey, which will be matured using its SRAS unit, enhancing its raw material inventory [7]. Strategic Partnerships - A new agreement with an international spirits investment fund grants limited exclusivity for deploying SRAS units in three countries, contingent on the annual deployment of at least one unit in each country [6]. - The company anticipates additional SRAS deployments from both existing customers and new third parties within the next twelve months [5]. Product Launches - The subsidiary, Two Trees Beverage Company, launched a new product line called Uplifting Spirits, with a portion of sales from a limited-edition bourbon whiskey dedicated to Hurricane Helene relief efforts [8]. Operational Updates - The company is nearing completion of a molecular sawdust drying machine for a major lumber mill customer, with deployment expected in the third quarter of 2025 [9]. - David Stephens has been appointed as Chief Financial Officer, bringing nearly two decades of experience in financial reporting and accounting [11]. Financial Outlook - MDWerks expects revenue to trend upward in the second quarter of 2025 and significantly increase in subsequent periods compared to the first quarter [12].