NEW YORK, Nov. 16, 2021 /PRNewswire/ -- Samsara Luggage (OTC: SAML), maker of innovative travel products, today released its 2021 Q3 report that stated the company has focused its operational efforts on increasing its R&D and strengthening its manufacturing and strategic marketing activities to position itself for success with the upcoming launch of the first product from the Next Gen collection. Samsara has been working closely with its manufacturing and distribution partners to create a production line that could accommodate an anticipated increase in demand for suitcases and travel products in 2022. In addition, the company is conceptualizing a new marketing campaign with captivating digital assets that aims to elevate the brand's appeal and attract new customers to its products.
"The relentless focus on developing an effective product adoption strategy for our new portfolio is essential to position us for growth in 2022," says Atara Dzikowski, Co-founder & CEO of Samsara Luggage. "The long-awaited launch of Samsara's Next Gen collection could increase the company's market share and profitability with a possible surge in sales and stock price. We have a unique opportunity to drive sales and deliver sustained growth for our valued shareholders and customers."
Despite the interruptions to the global supply chain, Samsara Luggage has managed to move forward with launching its Next Gen collection. Samsara's Next Gen smart carry-on was received with enthusiasm and anticipation by the press after its unveiling at the 2020 Consumer Electronics Show (CES).
About Samsara Luggage:
Samsara Luggage, Inc. ("Samsara Luggage" or the "Company") (OTCQB: SAML) is a global smart luggage and smart travel brand with a deep belief in creating a world where travel isn't a hassle, but rather an effortless experience. By combining smart features, including Internet of Things (IoT) technology, innovative design and quality materials, Samsara is dedicated to transforming the travel industry with its products. Samsara Luggage unveiled its Next Generation smart carry-on at the 2020 CES. The Next Generation is the first to market a Wi-Fi Hotspot technology for travelers to access a secured network globally.
In response to the coronavirus pandemic Samsara Luggage launched the Smart Weekender Nano Bag, an overnight travel bag treated with a layer of bacteriostatic nanotechnology protection that prevents colonies of bacteria from developing on the fabric. Samsara Luggage also launched Essentials by Samsara, a safety kit providing commuters with a new layer of safety with protective items like facemasks, hand sanitizer, disposable gloves and alcohol wipes. These kits are sold individually and gifted to customers with purchase of the Carry-on Aluminum Suitcase or the Smart Weekender Bag.
Samsara launched Sarah & Sam, a fashion and lifestyle collection in the fourth quarter of the 2020 fiscal year. Sarah & Sam is a part of Samsara Direct, a new business model initiated in response to the travel restrictions enforced due to the coronavirus pandemic. Samsara Direct leverages the company's established digital assets and manufacturing and fulfillment supply chain capabilities to offer additional consumer products that respond to the changing needs of the market.
Forward-Looking Statements:
All statements other than statements of historical facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the use of such words as "expects," "anticipates," "intends," "estimates," "plans," "potential," "possible," "probable," "believes," "seeks," "may," "will," "should," "could" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. These factors include uncertainties as to the Company's international manufacturing and supply chain, market acceptance of the Company's smart luggage, successfully implementing the Company's growth strategy, dependence on key Company personnel, changes in economic conditions, competition and other risks including, but not limited to, those described from in the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 30, 2021 (the "SEC"), and other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
SOURCE Samsara Luggage Inc