Reed's, Inc. Announces Expanded Relationship With Ralph's Supermarkets
26 Março 2009 - 10:00AM
Marketwired
Reed's, Inc. (NASDAQ: REED), maker of the top-selling sodas in
natural food stores nationwide announced today that it has formed
an expanded relationship with Ralph's Supermarkets, a division of
The Kroger Co. (NYSE: KR), one of the nation's largest food
retailers, based in Cincinnati, Ohio.
Reed's previously announced a relationship with Ralph's in June
of 2008, whereby the complete Reed's soda product line was accepted
to be carried in all the stores. With this expanded relationship,
Reed's will offer both flavors of Reed's Ginger Chews, the Original
Ginger and Peanut Butter Ginger chews and Reed's Crystallized
Ginger in the 3.5 oz. bags in at least 125 of the 265 California
Ralph's locations to start.
Chris Reed, Founder and CEO of Reed's, Inc. stated, "Ralph's is
an important mainstream account for us. Ralph's stores offer a
variety of natural and organic products, including the full line of
Reed's and Virgil's natural soda products. With the addition of our
Crystallized Ginger Bags and Ginger Candy Chews, we now are closer
to having a complete footprint in this key mainstream grocery
account."
About Ralph's
Ralphs, based in Los Angeles, was founded in 1873 and currently
operates 265 supermarkets in California and employs 25,000 team
members. Ralphs is a division of The Kroger Co., (NYSE: KR), one of
the nation's largest food retailers, based in Cincinnati, Ohio. For
more information about Ralphs, visit www.ralphs.com. For more
information about Kroger, please visit www.kroger.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 owns 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, mainstream supermarket chains, retail stores and
restaurants nationwide, and in Canada. For more information about
Reed's, please visit the company's website at:
http://www.reedsgingerbrew.com or call 800-99-REEDS.
Follow Reed's on Twitter at:
http://www.twitter.com/reedsgingerbrew
Reed's Facebook Fan Page at:
http://www.facebook.com/pages/Reeds-Ginger-Brew-and-Virgils-Natural-Sodas/57143529039?ref=nf
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SAFE HARBOR STATEMENT
Some portions of this press release, particularly those
describing Reed's goals and strategies, contain "forward-looking
statements.'' These forward-looking statements can generally be
identified as such because the context of the statement will
include words, such as "expects,'' "should,'' "believes,''
"anticipates'' or words of similar import. Similarly, statements
that describe future plans, objectives or goals are also
forward-looking statements. 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. These risks and
uncertainties include difficulty in marketing its products and
services, maintaining and protecting brand recognition, the need
for significant capital, dependence on third party distributors,
dependence on third party brewers, increasing costs of fuel and
freight, protection of intellectual property, competition 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-Q, 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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Contact IRTH Communications, LLC Mark B. Moline Managing Partner
760-458-4899 Email Contact http://www.irthcommunications.com
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