Reed's, Inc. Announces Partnership With Maletis Beverage
28 Abril 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 a
partnership with Portland, Oregon-based Maletis Beverage. Maletis
is an Oregon-based distributor that sells a variety of Domestic,
Imported and Micro-beers. Their non-alcoholic portfolio includes
Rockstar, Crystal Geyser, Newman's Own and now the Reed's and
Virgil's product line up.
Neal Cohane, Senior VP of Sales & Marketing for Reed's
stated, "Partnering with Maletis Beverage is a tremendous
opportunity for Reed's. Maletis has ubiquitous reach across one of
the largest metropolitan areas in the Pacific Northwest. Growing
our brand in mainstream is a key strategy for us, and partnerships
with distributors like Maletis will help Reed's and Virgil's gain
access into distribution channels and accounts where our brands
have not traditionally been found."
About Maletis Beverage
Maletis Beverage, established over 70 years ago, is locally
owned and operated by Rob Maletis. Maletis Beverage was founded in
1935 by Chris Maletis Sr., grandfather of Rob and father to the
late Chris Maletis Jr. They distribute a broad variety of domestic,
craft and imported beers along with a wide variety of natural and
non-alcoholic beverages. For more information about Maletis
Beverage, please visit www.maletis.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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Partner 760-458-4899 Email Contact
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