Reed's Inc to Launch New Cola Line for Virgil's Brand
04 Março 2008 - 10:00AM
Business Wire
Reed�s, Inc. (NASDAQ:REED) announced today that it plans to launch
a new cola line for the Company�s Virgil�s brand. Virgil�s Real
Cola, which will be offered in 12 oz long neck bottles and packaged
as a 4-pack, will be rolling out nationwide in March of 2008,
following the product debut at the Natural Foods Expo to be held
March 14th through March 16th, 2008, at the Anaheim Convention
Center in Anaheim, California. Virgil�s Real Cola is a classic cola
recipe made naturally using the finest cola ingredients and
unbleached cane sugar. The premium cola is infused with tastes from
around the world including Kola Nut, clove bud oil, vanilla,
cinnamon, nutmeg, cassia oil, and orange, lemon and lime oils. The
product will be distributed through natural and specialty food
stores, mainstream supermarkets and warehouse clubs such as Costco
Wholesale Corp. �We are excited to announce the launch of our
Virgil�s cola line which will enable us to broaden our target
audience, expand our points of distribution and leverage and
enhance the awareness of our leading Virgil�s brand,� said
Christopher Reed, Founder and CEO of Reed�s, Inc. �We see
significant opportunity to leverage the strength of the Virgil�s
brand name within the natural foods and mainstream channels by
introducing a cola product that reflects the premium quality of our
Root Beer and Cream Soda beverages. Virgil�s Root Beer, a three
times Outstanding Beverage Award winner of the National Association
of the Specialty Food Trade has been a leader in the natural food
industry and we believe our Real Cola beverage product will
compliment and strengthen our existing Virgil�s product line which
today includes Virgil�s Root Beer, Cream Soda, Black Cherry Cream
Soda and diet versions of our Root Beer and Cream 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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