SOURCE: Ecoark Holdings, Inc.

May 26, 2016 08:02 ET

Ecoark Holdings, Inc. Partners With Retail Monster LLC to Expand Retail Distribution Across the U.S.

Company Seeks to Continue Penetration of Its Recycled Products, Produced From Reclaimed Plastics by Its Wholly-Owned Subsidiary Pioneer Products LLC, Into Large U.S. Retail Outlets

ROGERS, AR--(Marketwired - May 26, 2016) - Ecoark Holdings, Inc. (Ecoark), (OTCQB: EARK), a provider of a growing suite of proprietary technologies and services that drive sustainability and facilitate sustainable growth for a wide range of clients, today announced a partnership with Retail Monster LLC (Retail Monster) to further expand the distribution of the Company's recycled products to retail outlets across the United States.

Ecoark, through its wholly-owned subsidiary Pioneer Products LLC, produces recycled products made from reclaimed plastic materials, such as trash cans and office chairs. This partnership will enable Pioneer Products to utilize the expertise of Retail Monster to broaden its retail distribution past what currently exists, building on the Company's current relationship with Walmart, while also looking toward licensing opportunities for certain products. Pioneer Products has expanded its production capabilities with its recent acquisition of Sable Polymer Solutions LLC.

"We are happy to announce our partnership with Retail Monster and to begin working with their team to formulate a plan that brings our recycled products from Pioneer Products into more retail stores across the country. The Retail Monster team has a wealth of experience and we plan to fully leverage it to further expand our retail reach," said Randy May, CEO, Ecoark Holdings, Inc. "We believe this partnership will help us to strengthen current retail relationships and build new ones, while driving revenue through increased sales opportunities."

Retail Monster is a brand extension and licensing firm with more than 70 years of executive experience in retail, buying, sales, marketing, finance, and licensing. The company has worked with top brands such as Walmart, Tesco, and Harrod's, facilitating relationships to launch retail products into stores across the globe.

"Working with companies like Ecoark and Pioneer Products is exciting for us because they have a successful track record and industry reputation already in place, so we can continue to build off of those relationships while also opening other doors to new opportunities," said Michael Connolly, CEO, Retail Monster. "We look forward to a positive partnership with Ecoark and to help expand the retail reach of the company nationwide."

Each year, $11.5B worth of recyclable products are thrown into landfills, 70% of which is recoverable plastic materials that are worth more than $8B. Last year Pioneer Products converted more than 500,000 pounds of plastic into new consumer goods which are sold in retail stores across the United States.

About Ecoark Holdings Inc.

Based in Rogers AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark's portfolio of technology solutions increase operational visibility and improve organizational transparency for a wide range of corporate clients.

Ecoark's technologies fight waste in Operations, Logistics, and Supply Chains across the evolving global economy. Ecoark's portfolio of companies and technologies work to integrate people, processes, and data in order to overcome ingrained operational hurdles and create new revenue streams.

Ecoark's vision is to expose the cycles of waste that reduce efficiency and cost effectiveness across the business landscape. Ecoark's strategically acquired subsidiaries have anticipated and responded to key economic factors impacting every business today.

Ecoark addresses these vital economic factors through four active subsidiaries, Intelleflex, Eco3d, Pioneer Products, and Magnolia Solar.

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Forward Looking Statement:

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

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