Aterian’s Mueller Living & PurSteam Brands Launch Three New Products
09 Dicembre 2024 - 1:30PM
Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”), a
technology-enabled consumer products company, today announced the
launch of three new products, now available for purchase on
Amazon.com and Walmart.com. These products will also be available
on MercadoLibre and Target+ by next week.
The product launches include two additions to
Aterian’s PurSteam brand and one to its Mueller Living brand.
PurSteam LaunchesThe newly
launched PurSteam products, the Steam Station Max and the
ScrubMaster, are groundbreaking products that mark a major
milestone for PurSteam, showcasing the brand's commitment to
innovation, quality, and meeting the evolving needs of its
customers.
- Steam Station Max: Engineered for
both professionals and home users, this steam iron bridges the gap
between entry-level and premium solutions. Combining precision,
power and affordability it offers advanced features tailored to
meet the needs of consumers who value cutting-edge solutions.
- ScrubMaster: This is our most
advanced steam mop yet, boasting a revolutionary dual scrubbing
head and integrated LED lights, delivering unparalleled cleaning
convenience and efficiency. Designed for ease of use, it delivers
superior performance for tackling tough messes while maintaining a
user-friendly design.
Mueller Living LaunchThe
Cordless Portable Vacuum Sealer is the latest addition to Mueller
Living’s lineup of innovative, practical, and affordable kitchen
solutions.
- With the capability to seal up to
60 one-quart bags on a single 3-hour charge, this device offers
unparalleled convenience for meal prep and food storage. Its
universal compatibility ensures it works seamlessly with all vacuum
sealer bags, regardless of brand.
“The launch of these new products represents an
exciting return to our product development efforts at Aterian,"
said Phil Lepper, Chief Revenue Officer at Aterian. "We are
confident these products will deliver a great experience and add
significant value to our customers. Our customers can now explore
an even wider range of innovative solutions for their homes and
kitchens, further strengthening their bond with the Aterian brands
they know and love."
For more information on PurSteam visit
pursteam.com
For more information on Mueller Living visit
muellerliving.com
About Aterian, Inc.Aterian,
Inc. (Nasdaq: ATER) is a technology-enabled consumer products
company that builds and acquires leading e-commerce brands with top
selling consumer products, in multiple categories, including home
and kitchen appliances, health and wellness and air quality
devices. The Company sells across the world's largest online
marketplaces with a focus on Amazon and Walmart in the U.S. and on
its own direct to consumer websites. Our primary brands include
Squatty Potty, hOmeLabs, Mueller Living, Pursteam, Healing
Solutions and Photo Paper Direct. To learn more about Aterian and
its brands, visit aterian.io
About PurSteamPurSteam, an
Aterian, Inc. brand, is dedicated to revolutionizing the way people
clean and care for their homes. We are offering cutting-edge
solutions that combine advanced technology, superior quality, and
unparalleled value. From high-performance steam irons to
state-of-the-art steam mops, PurSteam sets new standards in quality
and functionality. Trusted by professionals and households alike,
we offer reliable tools that deliver exceptional results and
simplify everyday routines. With a commitment to excellence and a
passion for progress, we aim to lead the industry, providing
solutions that inspire satisfaction. To learn more about PurSteam,
visit pursteam.com
About Mueller LivingMueller
Living, an Aterian, Inc. brand, believes the kitchen is the heart
of the home. Our premium utensils, crafted for comfort, precision,
and durability, inspire cooks at all levels to create delicious
dishes with ease. Discover the joy of cooking with quality
tools—where every meal becomes a memorable experience. Cook with
taste, live with flavor, and let every dish tell a story. Elevate
your kitchen with Mueller Living, where passion and quality meet.
To learn more about Mueller Living, visit muellerliving.com
Forward Looking Statements
All statements other than statements of
historical facts included in this press release that address
activities, events or developments that we expect, believe or
anticipate will or may occur in the future are forward-looking
statements including, in particular, regarding our products
launched and any sales of such products that are anticipated to
occur. These forward-looking statements are based on management’s
current expectations and beliefs and are subject to a number of
risks and uncertainties and other factors, all of which are
difficult to predict and many of which are beyond our control and
could cause actual results to differ materially and adversely from
those described in the forward-looking statements. These risks
include, but are not limited to, those related to our ability to
continue as a going concern, our ability to meet financial
covenants with our lenders, our ability to maintain and to grow
market share in existing and new product categories; our ability to
continue to profitably sell the SKUs we operate; our ability to
create operating leverage and efficiency when integrating companies
that we acquire, including through the use of our team’s expertise,
the economies of scale of our supply chain and automation driven by
our platform; those related to our ability to grow internationally
and through the launch of products under our brands and the
acquisition of additional brands; those related to consumer demand,
our cash flows, financial condition, forecasting and revenue growth
rate; our supply chain including sourcing, manufacturing,
warehousing and fulfillment; our ability to manage expenses,
working capital and capital expenditures efficiently; our business
model and our technology platform; our ability to disrupt the
consumer products industry; our ability to generate profitability
and stockholder value; international tariffs and trade measures;
inventory management, product liability claims, recalls or other
safety and regulatory concerns; reliance on third party online
marketplaces; seasonal and quarterly variations in our revenue;
acquisitions of other companies and technologies and our ability to
integrate such companies and technologies with our business; our
ability to continue to access debt and equity capital (including on
terms advantageous to the Company) and the extent of our leverage;
and other factors discussed in the “Risk Factors” section of our
most recent periodic reports filed with the Securities and Exchange
Commission (“SEC”), all of which you may obtain for free on the
SEC’s website at www.sec.gov.
Although we believe that the expectations
reflected in our forward-looking statements are reasonable, we do
not know whether our expectations will prove correct. You are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof, even if
subsequently made available by us on our website or otherwise. We
do not undertake any obligation to update, amend or clarify these
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required under
applicable securities laws.
Investor Contact:
Ilya Grozovsky
Vice President, Investor Relations & Corporate Development
Aterian, Inc.
ilya@aterian.io
917-905-1699
aterian.io
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