Reed's, Inc. Announces Vancouver Island-Based Quality Foods to Carry Reed's Beverages
24 Junho 2010 - 9:30AM
Marketwired
Reed's, Inc. (NASDAQ: REED) (OTCBB: REEDP), maker of the
top-selling sodas in natural food stores nationwide, announced
today that Quality Foods, an independent grocery chain based in
Canada that operates ten full service grocery stores on Vancouver
Island, BC, will begin carrying selected Reed's beverages in all of
its locations.
"We're thrilled to partner with Quality Foods and expand Reed's
brand in Western Canada," stated Chris Reed, Founder, Chairman and
CEO of Reed's, Inc. "Quality Foods is Canada's most unique grocery
retailer, with a reputation for innovative service and management
and for taking care of its customers by offering the finest,
premium food products and beverages available on Vancouver Island.
Our line of Reed's top-selling all natural sodas fit perfectly with
the reputation for freshness that Quality Food's Vancouver Island
customers have come to expect."
Bob Lyon, Western Region VP of Sales at Reed's, Inc., stated,
"The market for all natural foods in Canada is very active, and we
are excited to increase our presence in this market by partnering
with Quality Foods, which has won numerous awards for its unique
brand of merchandising and offering customers an exceptional
shopping experience. Canada is a growing market for Reed's, and a
number of top U.S. brands are major players here. We believe our
continued expansion into Canada through the highest quality
retailers such as Quality Foods will lead to further opportunities
to build our brand in this exciting market."
About Reed's, Inc.
Reed's, Inc. makes the top selling natural sodas in the natural
foods industry sold in over 10,500 natural food markets and
supermarkets nationwide. In 2009, Reed's started producing Private
Label natural beverages for select national chains. 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. 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.
Recently, Reed's introduced its 'Reed's Rx' line of ginger-based
nausea relief products for the drug store market and acquired the
Sonoma Sparkler brand, a sparkling juice celebration drink with an
established customer base. 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, as well as through private
label relationships with major supermarket chains. 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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More information can be found at:
http://www.irthcommunications.com/clients_REED.php
About Quality Foods
Founded in 1982 in British Columbia, Quality Foods is an
award-winning leader in the Canadian grocery industry operating ten
full service grocery stores on Vancouver Island. As one of Canada's
truly independent grocers, Quality Food's distribution centre in
Errington, BC supplies these stores and several dozen smaller
single-store operations across the island with an array of the
freshest quality groceries and natural foods. A growing company
known for its unique innovations and for taking care of its
customers, Quality Foods is a 2007 winner of 'Canada's 50 Best
Managed Companies.' For more information on Quality Foods, please
visit: www.qualityfoods.com.
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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Investor Relations Contact: Mr. Andrew Haag Managing
Partner IRTH Communications, LLC Tel: +1-888-825-6456 E-mail: Email
Contact Website: www.irthcommunications.com
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