Reed's, Inc. Acheives Ranking as One of Beverage Industry Magazine's Top 100 Beverage Companies
10 Julho 2008 - 10:00AM
Business Wire
Reed�s, Inc. (NASDAQ: REED) announced today that it has been ranked
100th in Beverage Industry magazine�s Top 100 list of the largest
beverage companies based on worldwide net sales for U.S. companies
and foreign-held companies that have significant sales in the
United States. This industry-leading magazine publishes the ranking
and analysis of America�s 100 largest beverage companies based on
annual 2007 net sales. Figures represent published sales for public
companies, voluntarily disclosed sales for private companies, and
estimates based on industry sources and publicly available business
reporting sources. Reed�s is joined on the list by other industry
leading new age beverage companies including Red Bull, Hansen
Natural Corporation, Jones Soda and Honest Tea. Chris Reed, Founder
and Chief Executive Officer, stated, �Being ranked within the top
100 beverage companies for the first time is a tremendous
milestone, and reflective of Reed�s positive momentum and progress
in expanding outside of natural foods into the mainstream
marketplace. Our ranking solidifies our position among leading new
age beverage companies and we believe a significant opportunity
exists within this high-growth category to continue to expand our
market share. We plan to build on our position by strengthening our
presence in existing and new supermarket accounts, adding new and
innovative products and packaging and broadening our international
presence. We look forward to improving our ranking in 2008.ďż˝ About
Beverage Industry Published by BNP Media, Beverage Industry is a
monthly national magazine serving the entire beverage marketplace.
In print circulation for over 60 years, Beverage Industry offers
readers insight into the trends, technology and products that shape
the beverage marketplace. Its 34,000+ subscribers are primarily
manufacturers, related distributor networks and key decision makers
within retail channel partners. The magazine also publishes a
widely read e-Newsletter, Beverage Insider, which is distributed
weekly to subscribers. For more information on Beverage Industry,
please visit: www.bevindustry.com. About Reed�s, Inc. Reed�s, Inc.
makes the top-selling sodas in natural food 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
using 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 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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