Reed's, Inc. Expands Distribution Into Total Wine & More Stores
23 Agosto 2011 - 10:15AM
Marketwired
Reed's, Inc. (NASDAQ: REED) announced today that it has gained
distribution authorization for all Total Wine & More stores in
the US for both Reed's and Virgil's. Total Wine & More is the
largest independent fine wine retailer in the country and is the
only major fine wine company to operate in multiple states. Total
Wine & More presently operates 72 stores in the following
states: CA, NV, AZ, GA, FL, VA, DE, NJ, NC, SC.
Christopher Reed, Founder and CEO of Reed's, Inc., stated,
"Reed's and Virgil's will be a 'perfect pairing' partner with Total
Wine & More. Total Wine and More offers one-stop shopping for
both alcoholic and non-alcoholic beverages. Our full line of
premium handcrafted Reed's Ginger Brews and Virgil's are the
perfect complement to their beverage offerings. Whether a consumer
is looking for the best mixer for a dark & stormy, a premium
craft all natural soda or a unique non-alcoholic alternative, Total
Wine and More will be able to deliver with our phenomenal brands.
We are thrilled with this expansion into a new channel of business
and look forward to introducing Reed's and Virgil's to new
demographic of consumers."
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.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
About Total Wine & More
In 1991 brothers David and Robert Trone opened two wine stores
in Delaware. Today Total Wine & More is the largest independent
fine wine retailer in the country and is the only major fine wine
company to operate in multiple states. As the preeminent fine wine
store in each of its markets, Total Wine & More is the
independent retailer of fine wine in the United States.
Total Wine & More is committed to having the best wine
selection with an emphasis on fine wines. Our unique model sets us
apart from many retailers within the United States who specialize
in one geographic area or price category. Each of our stores
carries a selection of more than 8,000 different wines from every
wine-producing region in the world. Whether you are new to the
world of wine or a great wine enthusiast, Total Wine & More is
dedicated to bringing you the best wines from around the world at
the lowest possible prices. For more information about Total Wine
& More please visit the company's website at:
http://www.totalwine.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. Michael Sclafani
President Wall Street Communications Group, Inc Tel: 303-903-2090
E-mail: Email Contact
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