Nexe Innovations CSO Zac Hudson (TSXV: NEXE) (OTC: NEXNF)
Channel: RICH TV LIVE
Date: 17/02/2021

Nexe Innovations CSO Zac Hudson (TSXV: NEXE) (OTC: NEXNF) - RICH TV LIVE - February 17, 2021 - NEXE Innovations Inc. (TSXV: NEXE) ("NEXE" or the "Company") , a leader in innovative plant-based materials science and manufacturing technologies, has begun the development and prototyping of a compostable disposable facemask (the "NEXE Mask") in response to the ongoing COVID-19 pandemic. In developing the NEXE Mask, NEXE will leverage existing collaborations in polymer science, plant-based materials, and municipal composting that were utilized for its NEXE pod. To support this goal, NEXE has also initiated new collaborations with leaders in healthcare and personal protective equipment (PPE).

NEXE has developed initial prototypes and will focus on creating a fully functional compostable disposable facemask that meets international healthcare standards in the coming months. The space required for manufacturing can be easily accommodated in NEXE's newly expanded production facility, and several new hires in engineering roles are anticipated as part of the project. The Company aims to complete a functional prototype in 2021.  With funds raised under the financing and received under warrant exercises, NEXE has sufficient funds to complete the development of the NEXE Mask.

It is estimated that more than 100 billion facemasks 1 are currently being disposed of every month as the COVID-19 pandemic rages. The vast majority of these are made from non-compostable polypropylene, requiring decades or centuries to break down and leaving microplastic pollution behind. While they are a key tool in the fight against COVID-19, these disposable masks also create significant landfill waste or contaminate lakes, rivers, oceans, and soils. The global market for disposable masks exceeded in 2020 2 , more than double the size of the market for single-serve beverage pods. #nexe #zachudson #richtvlive 

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