Reed's, Inc. Broadens International Efforts with Expansion into France; New Partner, Reed's Natural LLC, to Distribute Select Re
18 Abril 2008 - 9:00AM
Business Wire
Reed�s, Inc. (NASDAQ: REED) announced today that it will be
launching certain of its products in France. Reed�s, along with its
new French distribution partner, Reed�s Natural, LLC, created by
two French entrepreneurs to exclusively market Reed�s brand
products in France, will introduce Reed�s Extra Ginger Brew, Reed�s
Raspberry Ginger Brew and Reed�s Spiced Apple Brew in 100 select
caf�s in Paris. Pending successful results from the initial launch,
Reed�s Natural, LLC, plans to introduce these products to at least
1,000 of the approximate 60,000 caf�s located in France.
Christopher Reed, Founder and CEO of Reed�s, Inc., stated, �Our
partnership with Reed�s Natural marks our initial introduction into
the French marketplace. We believe Reed�s high quality, all natural
and great tasting beverages will resonate well with French
consumers.� Joining Reed�s network of international distributors is
Reed�s Natural, LLC. Founded by two entrepreneurs with considerable
experience selling to the caf�, grocery, and hypermarket retailers,
Reed�s Natural will manage Reed�s distribution efforts throughout
France. Reed�s Natural�s Jerome Bat, a former category manager for
the multinational retailer Auchan SA, is General Manager of the new
venture. Bruno Ledoux, CEO and Founder of the commercial real
estate company Fonci�re Colbert Finance, will provide financial
backing for Reed�s Natural. Mr. Ledoux, is also a co-founder of the
ICEROCKS� group, a Company specializing in the manufacture of
secured spring water ice cubes, which recently became part of
WaterBank of America (USA) Inc. About Reed�s, Inc. Reed�s, Inc.
makes the top selling sodas in natural foods markets nationwide and
is currently selling in 10,500 supermarkets in natural foods and
mainstream. 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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