Reed's, Inc. Completes Distribution Agreement for the Full State of Florida
22 Junho 2011 - 10:30AM
Marketwired
Reed's, Inc. (NASDAQ: REED), maker of top-selling sodas in natural
food stores nationwide, announced today that it has completed the
construction of a full DSD distribution network for the state of
Florida. This new mainstream distribution system in Florida
consists of four well established direct store delivery
distributors that cover the state of Florida. Under the current
agreements, these distributors have already begun distributing
Reed's and Virgil's brands in all retail channels.
Neal Cohane, Senior Vice President of Sales and Marketing for
Reed's, Inc., commented, "We continue to build-out a contiguous
footprint along both coasts of the US. This new distribution system
completes our coverage across the entire states of Florida and
Georgia and will give us 'high profile' presence across the all
important Southeast region. Our new DSD partners are already
executing our summer promotional plans with the predominant Publix
and Winn Dixie supermarket chains. We continue to accelerate our
growth through new distribution agreements."
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. Ginger Brews are made
using fresh ginger, spices and fruits with a brewing process that
predates commercial soft drinks. Reed's, Inc. owns Virgil's Root
Beer, the top-selling cola line in natural foods, as well as China
Cola, the top-selling natural foods cola. Recently, Reed's
introduced its Reed's All Natural Ginger Nausea Relief product for
the drug store and grocery retail channels. Reed's also acquired
the Sonoma Sparkler brand at the end of 2009, an all natural
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, and restaurants
nationwide. Reed's products are also sold in Canada and Mexico,
along with a small presence in Europe, the Middle East, South
Africa, Japan and Singapore. For more information about Reed's,
please visit the company's website at: http://www.reedsinc.com or
call 800-99-REEDS.
Follow Reed's on Twitter at
http://twitter.com/reedsgingerbrew
Reed's Facebook Fan Page at:
http://www.facebook.com/pages/Reeds-Ginger-Brew-and-Virgils-Natural-Sodas/57143529039?ref=nf
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-K 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. Michael Sclafani /
President Wall Street Communications Group, Inc Tel: 303-903-2090
Email: Email Contact
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