Uplifting Spirits

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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].
MDWerks’ Two Trees Beverage Subsidiary Launches Uplifting Spirits, a New Product Line Focused on Supporting Community and Charitable Causes
Globenewswire· 2025-05-12 12:30
Core Insights - MDWerks, Inc. has launched a new product line called Uplifting Spirits, debuting with a limited-edition bourbon whiskey named Land of the Sky, aimed at supporting Hurricane Helene relief efforts [1][3] - A portion of the profits from the sales of Land of the Sky will be donated to aid the recovery from Hurricane Helene, which caused significant damage in Western North Carolina [2][3] Company Overview - MDWerks, Inc. is a forward-thinking company focused on sustainable technology and energy wave technologies, committed to innovative solutions that reduce costs for businesses [4] - Two Trees Beverage Company, a subsidiary of MDWerks, is based in the Appalachian region and specializes in creating fine spirits, having received multiple industry awards [5] Product Details - Land of the Sky bourbon whiskey is crafted from a mash bill of corn, wheat, and malted barley, and is finished with white oak from a tree that fell during Hurricane Helene [2] - The product aims to encapsulate the spirit of the local community and provide resources to those in need through its sales [3]