Business
Beyond Oil Enters Revenue Execution Phase, Advancing Strategic Customer Adoption and Expanding Direct Sales
VANCOUVER, British Columbia, May 12, 2026 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (TSX: BOIL) (OTCQ...
About this update from Beyond Oil Ltd
[{"type":"text","content":"Beyond Oil Enters Revenue Execution Phase, Advancing Strategic Customer Adoption and Expanding Direct SalesCompany Builds on Global Foundation to Accelerate Multi-Location Rollout, Recurring Revenue and Strategic Customer Partnerships\nVANCOUVER, British Columbia, May 12, 2026 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (TSX: BOIL) (OTCQB: BEOLF) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, improving food quality, minimizing waste and enhancing sustainability, today announced the next phase of its global commercialization strategy as it advances into revenue execution and customer adoption. Over the past year, the Company established a global commercial foundation, including expansion into multiple markets, development of a broad partner network, and the creation of a growing pipeline of foodservice customers. Building on this momentum, Beyond Oil is now focusing on its commercialization activities, centered on customer adoption, rollout programs, and increasing revenue visibility. Advancing an Account-Based Strategy Focused on Strategic Customers As part of this next phase, Beyond Oil is advancing its direct account-based commercialization strategy, focused on large and strategic end customers, typically multi-location operators where the Company can deploy its solution across dozens, hundreds or thousands of sites, along with its work with strategic distribution partners to support the broader market. The Company’s core target segments include: Restaurants, including quick-service restaurants (QSR), casual dining, and other chain-based formatsHotels and hospitality groupsCatering and institutional foodservice providersFood retail, including supermarkets and convenience store operators Beyond Oil is increasing direct engagement with these customers and positioning itself to be designated as a strategic partner, supporting implementation, rollout and long-term operational integration, whether engaged with them directly or through its broader strategic partners. This approach reflects the Company’s focus on building deep, long-term relationships with high-value customers and driving scalable, recurring usage across multi-location operations, forming the foundation for a predictable a...