HYLA Division Amplifies Reach with Expanded Multi-Million Dollar Distribution Network in Eastern Europe

Rhea-AI Summary

Endexx 's HYLA division has expanded its distribution network in Eastern Europe, marking a significant milestone in its global growth strategy. The company has successfully fulfilled new purchase orders totaling $124,500 to key Eastern European markets. These shipments are part of HYLA's broader efforts to expand its distribution network and drive sustained revenue growth in the region.

The company remains optimistic about its outlook, supported by strategic initiatives and robust partnerships. Endexx is focused on capitalizing on emerging opportunities and driving sustained growth as it navigates ongoing market dynamics in the vape products industry.

Positive

• Fulfilled new purchase orders worth $124,500 in Eastern European markets
• Expanded distribution network in Eastern Europe
• Strategic expansion aimed at driving sustained revenue growth

Negative

• None.

CAVE CREEK, AZ, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Endexx® Corporation (OTC: EDXC), a leading innovator in vape products through its HYLA™ division, proudly announces the continued strategic expansion of HYLA across Eastern Europe, marking a significant milestone in its global growth strategy.

Strengthening HYLA's European Footprint

HYLA's expansion is driven by the successful fulfillment of new purchase orders totaling $124,500 to key Eastern European markets. These shipments, planned throughout the year, represent a critical component of HYLA’s broader efforts to expand its distribution network and drive sustained revenue growth in the region.

Looking Ahead

As HYLA navigates ongoing market dynamics, the outlook remains strong, bolstered by strategic initiatives and robust partnerships. Endexx is committed to leveraging these strengths to capitalize on emerging opportunities and drive sustained growth.

About HYLA

HYLA, a division of Endexx Corporation, markets proprietary non-nicotine, guarana, and L-Dopa-based vape products. The HYLA device is the first in the United States, offering up to 4,500 puffs per device. HYLA products are currently distributed in 10 countries, with agreements to expand to nine additional countries. HYLA is also exploring the development of nicotine-based products to meet market demand in certain regions where such products are regulated and permitted.

About Endexx Corporation

Endexx Corporation develops and distributes all-natural, plant-derived wellness products, focusing on non-nicotine vape solutions through its HYLA division. The company's commitment to innovation and quality is evident in its diverse product offerings, which include topical skincare solutions and advanced wellness products designed for optimal skin health. Endexx is also exploring the expansion into nicotine-based products to align with specific market opportunities.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions subject to risks and uncertainties, which could cause actual outcomes and results to differ materially from those anticipated. Forward-looking statements include, but are not limited to, statements regarding future financial performance, business strategies, market opportunities, potential development of nicotine-based products, and the impact of global market trends. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "project," "seek," "should," "target," "will," and similar expressions are intended to identify forward-looking statements. Endexx assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Contact Information:

Endexx Corporation
Email: IR@Endexx.com
Phone: 424-250-0042
www.endexx.com | www.tryhyla.com

FAQ

What is the value of HYLA's new purchase orders in Eastern Europe?

HYLA has fulfilled new purchase orders totaling $124,500 in key Eastern European markets.

How is HYLA expanding its presence in Eastern Europe?

HYLA is expanding its presence in Eastern Europe by fulfilling new purchase orders and strengthening its distribution network in the region.

What is Endexx 's stock symbol?

Endexx 's stock symbol is EDXC, traded on the OTC market.

What is HYLA's strategy for growth in Eastern Europe?

HYLA's strategy for growth in Eastern Europe involves expanding its distribution network and fulfilling strategic purchase orders to drive sustained revenue growth in the region.