Koios Beverage Corp. (CSE: FIT; OTC: FITSF) (the "Company"
or "Koios") is pleased to announce that its Fit Soda™
functional beverages have been approved for placement at all Ingles
Markets locations. Ingles Markets is an American
supermarket chain based in Black Mountain, North
Carolina. As of September 2021, the company operates 198
supermarkets in the Southeastern United States. It reported 4.987
billion in revenue in 2021 and currently has 26,000 employees1.
From the Ingles Markets website:
Robert Ingle's background certainly qualified him to know the
preferences of shoppers in his territory. A member of a
third-generation grocery family, he worked in a grocery store
started by his grandfather in Asheville, North Carolina where the
company headquarters is still located.
Robert Ingle opened the first Ingles supermarket in Asheville,
North Carolina in 1963. He saw an opportunity to invest in smaller
towns and rural communities throughout North and South Carolina
that were being underserved by large grocery chains. It was a
strategy that proved so successful that expansion into similar
communities in Georgia, Tennessee, Alabama and Virginia soon
followed. Ingles now operates approximately 200 stores in six
southeastern states with annual sales of almost $4 billion.
In 1982, Ingles found a strategic partner by purchasing a milk
processing facility. Milkco, Inc., a wholly owned subsidiary,
not only supplies Ingles stores with the freshest dairy products,
fruit juices and bottled waters, but also sells its products to
other retailers, wholesalers and food service distributors. Annual
production at Milkco has grown from 5 million gallons in 1982 to
over 60 million gallons today.
Ingles #130301 Long Shoals Road, Arden, NC
In 1987, Ingles Markets became publicly traded on the Nasdaq
Stock Markets’ National Market under the symbol IMKTA.
With the addition of Ingles Markets, Koios now has product in
over 2,000 retail locations on the East coast of the United States,
80% of whom are large grocery retailers. In addition, the Company
is seeing a huge influx of independent retailers throughout the
region beginning to carry the Fit Soda™ and KOIOS™ product lines as
its distribution network grows.
Chris Miller, Founder and Chief Executive Officer of the Company
commented, “Working with Ingles Markets is such an honor. Our Fit
Soda™ line is continuing to perform and each time we add a
pedigreed retailer such as Ingles Markets, it is further validation
of the brands strength and its ability to meet consumers healthier
demands. We look forward to continuing to grow on the East coast
and serving Ingles Markets and their customers.”
In 2021, the Company announced its partnership with Blackbeard
Beverage Company, a distributor for Carolina Canners Inc., an
independent bottler for Pepsi Beverages on the East coast of the
United States. This relationship will allow the Company to meet
Ingles Markets demand now as well as into the future.
On behalf of the Board of Directors of the Company,
KOIOS BEVERAGE CORP.
“Chris Miller”
Chris Miller, CEO, and Director
For further information, please contact:
Gina Burrus
844-255-6467
gina@koiosbeveragecorp.com
THE CANADIAN SECURITIES EXCHANGE (CSE) HAS NOT REVIEWED AND DOES
NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS
RELEASE.
About Koios Beverage Corp.
The Company is an emerging functional beverage company which has
an available distribution network of more than 4,400 retail
locations across the United States in which to sell its products.
Koios has relationships with some of the largest and most reputable
distributors in the United States, including Europa Sports, Muscle
Foods USA, KeHE, and Wishing-U-Well. Koios uses a proprietary blend
of nootropics and natural organic compounds to enhance human
productivity without using harmful chemicals or stimulants. Koios
products have been shown to enhance focus, concentration, mental
capacity, memory retention, cognitive function, alertness, brain
capacity and create all day mental clarity. Its ingredients are
specifically designed to target brain function by increasing blood
flow, oxygen levels and neural connections in the brain.
Koios produces one of the only drinks in the world infused with
MCT oil. MCT oil is derived from coconuts and has been shown to
help the body burn fat more effectively, create lasting energy from
a natural food source, produce ketones in the brain, allowing for
greater brain function and clarity, support healthy hormone
production and improve immunity. For more information, please visit
our website: https://www.koiosbeveragecorp.com.
Forward-Looking Statements
This news release contains “forward-looking information” within
the meaning of applicable Canadian securities legislation. Often,
but not always, forward-looking information and information can be
identified by the use of words such as “plans”, “expects” or “does
not expect”, “is expected”, “estimates”, “intends”, “anticipates”
or “does not anticipate”, or “believes”, or variations of such
words and phrases or state that certain actions, events or results
“may”, “could”, “would”, “might” or “will” be taken, occur or be
achieved. Forward-looking information in this news release includes
statements regarding: Potential outcomes from the placement of
the Fit Soda™ in all locations of Ingles Markets and the
overall performance of the functional beverage market. The
forward-looking information reflects management's current
expectations based on information currently available and are
subject to a number of risks and uncertainties that may cause
outcomes to differ materially from those discussed in the
forward-looking information. Although the Company believes that the
assumptions and factors used in preparing the forward-looking
information are reasonable, undue reliance should not be placed on
such information and no assurance can be given that such events
will occur in the disclosed time frames or at all. Factors that
could cause actual results or events to differ materially from
current expectations include: (i) adverse market conditions; (ii)
changes to the growth and size of the functional beverage markets;
and (iii) other factors beyond the control of the Company. The
Company operates in a rapidly evolving environment. New risk
factors emerge from time to time, and it is impossible for the
Company’s management to predict all risk factors, nor can the
Company assess the impact of all factors on Company’s business or
the extent to which any factor, or combination of factors, may
cause actual results to differ from those contained in any
forward-looking information. The forward-looking information
included in this news release are made as of the date of this news
release and the Company expressly disclaims any intention or
obligation to update or revise any forward-looking information
whether as a result of new information, future events or otherwise,
except as required by applicable law.
The statements in this news release have not been evaluated by
Health Canada or the U.S. Food and Drug Administration. As each
individual is different, the benefits, if any, of taking the
Company’s products will vary from person to person. No claims or
guarantees can be made as to the effects of the Company’s products
on an individual's health and well-being. The Company’s products
are not intended to diagnose, treat, cure, or prevent any
disease.
This news release may contain trademarked names of third-party
entities (or their respective offerings with trademarked names)
typically in reference to (i) relationships had by Koios with such
third-party entities as referred to in this release and/or (ii)
client/vendor/service provider parties whose relationship with
Koios is/are referred to in this release. All rights to such
trademarks are reserved by their respective owners or
licensees.
1 Ingles Financial Information
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