Dallas, Georgia--(Newsfile Corp. - July 10, 2024) - Bemax Inc. (OTC Pink: BMXC), a private label development company with a focus on disposable diapers and women's hygienic sanitary products, is pleased to announce Kroger's invitation to attend the Supplier diversity program for vendors aimed at providing diverse-owned businesses with access to capital they need to secure corporate contracts.

Bemax will participate in Kroger's diversity program for vendors on July 22, 2024. The program will provide Bemax the opportunity to connect with American businesses with the capital and technical know-how to help build inclusive, resilient communities of opportunity. This program will further provide a unique opportunity to expand the Bemax distribution network.

"This initiative, which has brought JPMorgan Chase to partner with LISC, will further provide Bemax with increased exposure to capital and community networking among American businesses, especially potential major grocery store buyers of our private label brands," says Taiwo Aimasiko, CEO, Bemax Inc. "We continue to work to expand our distribution network, increase sales, and establish long relationships that present potential, beneficial partnerships."

Consumers and retailers interested in pre-ordering the new brands can visit www.bemaxinc.com/webstore/ or www.walmart.com for more information and to place their orders starting on August 25, 2024.

About Bemax Inc.

Bemax Inc. is a forward-thinking company dedicated to delivering top-quality disposable diapers and women's hygienic sanitary products. With a focus on innovation and customer satisfaction, Bemax continues to expand its product offerings and distribution network, aiming to exceed the expectations of its growing customer base.

Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.

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