Reed's, Inc. Closes Distribution Deal With 5 Star Beverage
22 Outubro 2009 - 9:00AM
Marketwired
Reed's, Inc. (NASDAQ: REED), maker of Reed's and Virgil's brands,
the top-selling sodas in natural food stores nationwide, announced
today that it has entered into a distribution agreement with 5 Star
Beverage of San Diego. This distribution agreement will increase
Reed's & Virgil's presence throughout greater San Diego County.
5 Star Beverage services major grocery stores, natural food
markets, restaurants, schools and various sized companies with the
most extensive selection of beverages in the area. The deal will
increase Reed's distribution in San Diego and the surrounding
areas. Key venues and attractions currently served include the
world-famous San Diego Zoo and Wild Animal Park, iPayOne Center,
PETCO Park, Qualcomm Stadium, 3 major universities and more.
Neal Cohane, Reed's Vice President of Sales and Marketing
stated, "The relationship with 5 Star Beverage is important because
of their focus on distributing New-age and Functional beverages,
the beverage category for Reed's brands." He added, "This increases
our coverage in San Diego County as 5 Star provides service to over
1,400 retail accounts. Their geographic distribution starts in the
North at the Orange County line, moving south to the Mexican
border, east to Julian and west to the Pacific Ocean."
Chris Reed, founder and CEO of Reed's stated, "5 Star gets
brands like ours and should be a great fit in a great marketplace.
This further supports our strategy to increase our distribution."
Reed added, "This comes on the heels of our recent success with our
new private label business and other distribution deals. Things
seem to be heating up here at Reed's."
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
Subscribe to Reed's RSS feed at:
http://www.irthcommunications.com/REED_rss.xml
More information can be found at:
http://www.irthcommunications.com/clients_REED.php
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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: IRTH Communications, LLC Andrew Haag Managing Partner
1-866-976-IRTH (4784) http://www.irthcommunications.com
Reeds (NASDAQ:REED)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Reeds (NASDAQ:REED)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024