Reed's, Inc. Launches Swing-Top Bottles From U.S. Factory
31 Agosto 2010 - 10:05AM
Marketwired
Reed's, Inc. (NASDAQ: REED) (OTCBB: REEDP), maker of the
top-selling sodas in natural food stores nationwide, announced
today that it has begun producing swing-top bottled beverages from
its bottling factory in Los Angeles, California. Reed's, Inc. is
the only bottling plant in North America that is tooled to run
swing-top bottled beverages.
"Running swing-top bottled products is a true milestone for our
company. Ever since we purchased Virgil's Root Beer, we have wanted
to tool up our plant in North America to run swing-lid bottled
sodas. We find that people love the old style European
craftsmanship of swing-top bottles and are willing to pay a premium
for them," stated Chris Reed, Founder, Chairman and CEO of Reed's,
Inc. "For many years, we had to go to Europe to get production of
the swing-lid bottles. We are now pleased that we can offer
domestic swing-lid production for our brands and select private
label customers. Our first productions have started and we have
shipped a one liter swing-lid holiday beverage to one of our top
private label customers. We will be adding more of our branded as
well as private label swing-lid products in the near future. We
expect this capability to give us a distinct advantage over other
companies who have to outsource to Europe and ship to the U.S. We
expect this new revenue stream from swing-lid products to be
material."
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 All
Natural Ginger Nausea Relief product for the over-the-counter
stomach aisle for all retail channels 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
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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