Business
Nephros and Donastar Announce Strategic Partnership
Donastar Becomes Exclusive Master Distributor of Nephros Commercial Water Filters for Food & Beverage and Hospitality Markets SOUTH ORANGE, NJ, March 01,
About this update from Nephros, Inc.
[{"type":"text","content":" Donastar Becomes Exclusive Master Distributor of Nephros Commercial Water Filters for Food & Beverage and Hospitality Markets SOUTH ORANGE, NJ, March 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Nephros, Inc. (Nasdaq: NEPH), a leading water technology company providing filtration solutions to the medical and commercial markets, today announced a new partnership engaging Donastar Enterprises LLC as the exclusive master distributor for Nephros commercial filters in the food & beverage and hospitality markets. Pursuant to this agreement, Donastar has committed to leveraging Nephros as its principal supplier of commercial water filters. “Since early 2022, when our two companies entered an alliance with Tractor Beverage to supply commercial water filters to a national and widely recognized Quick Service Restaurant (QSR) chain, our partnership has become increasingly close and fruitful,” said Steve Donaghy, Partner at Donastar. “We see this formalized arrangement as a first step in a long, mutually beneficial journey and look forward to the many opportunities ahead.” “Nephros is perennially focused on providing a comprehensive collection of water filtration solutions in support of improving water quality. Our work with Donastar allows us to capitalize on our commercial capabilities, and has already yielded significant customer momentum and growth potential,” said Andy Astor, President and Chief Executive Officer. “We are excited to continue working closely with Donastar to provide our joint customers with high-performance products at competitive pricing.” Mr. Astor continued, “The timing of this milestone aligns perfectly with the relaunch of our commercial water filter product lineup. Over the past year, we have worked diligently to revamp and streamline our roster to include a selection of the highest-quality products, each with rigorously verified specifications. We believe the combination of our relaunch and this new partnership agreement places Nephros in a strong position for future success in the commercial space.” About NephrosNephros is committed to improving the human relationship with water through leading, accessible technology. We provide innovative water filtration products and services, along with water-quality education, as part of an integrated approach to water safety. Nephros goods serve the needs of customers ...