Nextera Enterprises, Inc. Announces Initial New Product Shipments and Financial Covenant Compliance
11 Janvier 2008 - 7:17PM
Business Wire
Nextera Enterprises, Inc. (OTCBB:NXRA) today announced that its
wholly-owned subsidiary, Woodridge Labs, Inc., an independent
developer and marketer of branded consumer products, has begun
shipments of its new product initiatives to their national chain
retailer customer base. The new product initiatives, developed in
2007, include the nutritionally-based skin care line, Skin
App�tit�. Skin App�tit was developed by renowned nutritionist Keri
Glassman, MS, RD, CDN, as the recipe for ageless skin. Skin App�tit
products are formulated with an exclusive Nutrx8Complex which
contains eight extracts including blueberries, cantaloupe, red
grapes, creamy yogurt, wild honey, figs, walnuts and dark cocoa
chocolate, as well as other ingredients, such as vitamin B5,
vitamin E, macadamia seed oil, vitamin C, aloe and tea tree oil.
Ms. Glassman is the president of KKG Body Fuel Enterprises, Inc., a
nutrition counseling and consulting practice, and the founder and
president of KeriBar, a nutrition snack bar company. Keri is also
the author of the nutritional diet book The Snack Factor Diet: The
Secret to Losing Weight--by Eating MORE and has appeared in various
media, including Marie Claire, Glamour, Shape, Men�s Journal, Self,
Cookie, Fitness, Life & Style, US Weekly, Men�s Fitness, WebMD,
Oxygen, Today, and the Early Show. Other brands represented in the
Company�s new product initiatives include 40 Carrots�, a
Beta-Carotene, Retinol-rich skin care line and Heavy Duty� Brand
hair care products. Additionally, the Company has added to two of
its existing successful lines with Vita-K� Professional, an
extension of the Company�s Vita-K line, which combines the benefits
of Vitamin K with a unique Amino Acid/Polypeptide complex and
Psssssst� Volume + Color spray, a new formulation of Psssssst�, the
instant spray shampoo, that now enhances color, covers roots and
leaves hair with a light fresh scent. These initial shipments
represent the beginning of the fulfillment of purchase orders
received through December 31, 2007. These purchase orders in the
aggregate exceed the $2.35 million threshold requirement for the
fourth quarter of 2007 set forth in the Company's senior secured
credit agreement, as amended in November 2007. Though the related
products are not expected to hit retail shelves until February,
they are currently available for sale on the Company�s web-site
(www.woodridgelab.com). �We are eager to see the consumer
acceptance of our new product launches, which for the most part
have been well received by our existing retail customers,� said
Joseph Millin, Chief Executive Officer of Woodridge Labs, Inc.
About Nextera Enterprises, Inc. Nextera Enterprises Inc. operates
through its wholly-owned subsidiary, Woodridge Labs, Inc. Woodridge
Labs is an independent developer and marketer of branded consumer
products that offer simple, effective solutions to niche personal
care needs. More information can be found at www.nextera.com and
www.woodridgelab.com. Forward-Looking Statements This release
contains forward-looking statements that involve risks and
uncertainties, including, but not limited to, estimates of future
performance. Actual results may differ materially from the results
predicted, and reported results should not be considered an
indication of future performance. Important factors that could
cause actual results to differ materially from those expressed or
implied in the forward-looking statements are detailed under �Item
1A.Risk Factors� and elsewhere in filings with the Securities and
Exchange Commission made from time to time by Nextera, including,
but not limited to: its Annual Report on Form 10-K for the year
ended December 31, 2006 filed with the Securities and Exchange
Commission on April 17, 2007; recent quarterly reports on Form
10-Q; and other current reports on Form 8-K. All forward-looking
statements included in this news release should be considered in
the context of these risk factors. Nextera undertakes no obligation
to release publicly any revisions to any forward-looking statements
to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events. Investors and
prospective investors are cautioned not to place undue reliance on
such forward-looking statements.
Nextera Enterprises (CE) (USOTC:NXRA)
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