Reed's Inc Announces New Jersey Launch; Crescent Marz Beverage Company dba Marz Beverage Distributing Co. to Offer Reed's Produc
27 Dezembro 2007 - 12:00PM
Business Wire
Reed�s, Inc. (NASDAQ:REED) announced today that Crescent Marz
Beverage Company dba Marz Beverage Distributing Co. has agreed to
distribute Reed�s product line throughout New Jersey. Christopher
Reed, Founder and CEO of Reed�s, Inc, stated, �We are very pleased
with Marz Beverage�s decision to offer Reed�s product line to its
accounts as it represents Reed�s entrance into the New Jersey
marketplace. We continue to make significant progress in expanding
the Reed�s brand within new and existing markets and believe
tremendous opportunity exists to further expand Reed�s into the
mainstream.� Marion Galluccio, President of Marz Beverage
Distributing Co., stated, �We are very pleased to have Reeds as a
member of our portfolio of brands. Reed�s high quality, all-natural
products fit well with our premium product portfolio. Reed�s
management team is passionately committed to the success of the
Reed�s brand and we look forward to working with Reed�s.� Marz
Beverage Distributing Co. is a recently formed collaboration
between Peerless Beverage Company and Cott-Passaic Distribution.
Founded over 60 years ago, Peerless is a third-generation,
family-owned company that annually distributes over 7 million cases
of Coors, Corona, Diagio, Samuel Adams, and other beers. Also
family-owned, Cott-Passaic has been distributing non-alcoholic
beverages for more than 50 years. The company's portfolio includes
Herbal Mist and Sweet Leaf teas, Mad Croc energy drinks, and Steaz
sodas. Cott-Passaic's Marion Galluccio serves as President of Marz
and Peerless President Scott Beim serves as COO. Marz operates
statewide from warehouses in Paterson, Union and Pennsauken. About
Reed�s, Inc. Reed's, Inc. makes the top selling sodas in natural
foods markets nationwide and is currently taking its natural food
market success into the mainstream markets. Its six award winning
non-alcoholic Ginger Brews are unique in the beverage industry
being brewed not manufactured and use fresh ginger, spices and
fruits in a brewing process that predates commercial soft drinks.
In addition, the Company has acquired the top selling root beer
line in natural foods, the Virgil's Root Beer product line and the
top selling cola line in natural foods, the China Cola product
line. Other product lines include: Reed's Ginger Juice Brews,
Reed's Ginger Candies and Reed's Ginger Ice Creams. Reed�s products
are sold through specialty gourmet and natural food stores,
supermarket chains, retail stores and restaurants nationwide and in
Canada. For more information about Reed�s, please visit the
company�s website at: www.reedsgingerbrew.com or call (800)
99-REEDS. SAFE HARBOR STATEMENT Some portions of this press
release, particularly those describing Reed's goals and strategies,
contain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. While Reed's is
working to achieve those goals and strategies, actual results could
differ materially from those projected in the forward-looking
statements as a result of a number of risks and uncertainties,
including difficulties in marketing its products and services, need
for capital, competition from other companies and other factors,
any of which could have an adverse effect on the business plans of
Reed's, its reputation in the industry or its expected financial
return from operations and results of operations. In light of
significant risks and uncertainties inherent in forward-looking
statements included herein, the inclusion of such statements should
not be regarded as a representation by Reed's that they will
achieve such forward-looking statements. For further details and a
discussion of these and other risks and uncertainties, please see
our most recent reports on Form 10-KSB and Form 10-QSB, as filed
with the Securities and Exchange Commission, as they may be amended
from time to time. Reed's undertakes no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future events, or otherwise.
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