Reed's Inc. Announces Maine Launch; Portland Beverage to Distribute Reed's Product Line
16 Janeiro 2008 - 12:00PM
Business Wire
Reed�s, Inc. (NASDAQ:REED) announced today that Portland Beverage
has agreed to distribute Reed�s product line throughout Maine.
Christopher Reed, Founder and CEO of Reed�s, Inc., stated, �We are
very excited with Portland Beverage�s decision to make Reed�s
product available to its customer accounts. As Maine�s exclusive
distributor of Red Bull, Portland Beverage has developed a strong
regional presence with key retail account relationships. We look
forward to working closely with Portland Beverage to expand Reed�s
presence throughout the state of Maine.� Portland Beverage is a
family owned and operated distributor of new age beverage brands
throughout Maine. In addition to being Maine�s sole distributor of
Red Bull, Portland Beverage distributes a portfolio of well
recognized �New Age� beverage brands including Glaceau Vitamin
Water, Smart Water and Shipyard hand crafted sodas. 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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