Reed's, Inc. Announces New Distribution Agreement for Montana
19 Setembro 2012 - 9:30AM
Marketwired
Reed's, Inc. (NASDAQ: REED), maker of the top-selling sodas in
natural food stores nationwide, announced today that it has reached
a new agreement with Zip Inc (dba Zip Beverage), to distribute
Reed's and Virgil's brands throughout the Montana market. Zip
Beverage was founded in 1969 and is headquartered in Butte,
Montana. Zip proudly distributes some of the most popular beer
brands in the country consisting of Anheuser-Busch, Becks,
Heineken, Four Loco and many other craft beers, just to name a few.
Some non-alcoholic brands that are distributed in Zip's market are
Sweet Leaf Tea, BodyArmor, Marley's Mellow, San Pellegrino and a
few Pepsi and Dr Pepper 7up brands.
Neal Cohane, Senior VP of Sales & Marketing, stated, "We
continue to capitalize on distribution opportunities across North
America. The fact that Zip Beverage is adding Reed's and Virgil's
brands to their prestigious portfolio of products demonstrates the
demand our brands are experiencing. This new partnership opens up
our brands to the entire state of Montana and we look forward to
developing a solid partnership with the Zip management team as we
increase our availability and consumer following."
About Zip Inc. / Zip Beverage
Founded in 1969, Zip Beverage is a trusted distributor
headquartered in Butte, Montana. Under the leadership of Bill
Watkins, Zip services hundreds of accounts in the state of Montana.
Throughout the last 43 years, Zip Beverage has been a company that
takes pride in developing itself as a trusted business partner with
all retail accounts they have established in their market. Zip
Beverage is the proud distributor of the following brands: Beer:
Anheuser-Busch, Stella Artois, Bass, Becks, Widmer, Red Hook, Kona,
Big Sky Brewing, Harvest Moon Brewing, Great Northern Brewing, Four
Loco, Stone Brewing, Heineken, New Castle, New Belgium Brewing,
Bridgeport Brewing, Pabst, Rainier, Schmidt and Seagrams. Other
Beverages include: Icelandic Glacial, Liquid Ice Energy, Cascade 0
Cal, Kona Red, Muscle Milk, Wired Energy, Vernor's Ginger Ale,
Calypso Lemonade, Sweat Leaf Tea, Body Armor, Go Fast Energy,
Marley's Mellow Mood, Xing Tea, San Pellegrino/Perrier, Nesquik,
Talking Rain, Big Spring Water, RC, Diet Rite, Sun Drop, Mug Root
Beer and Sierra Mist.
About Reed's, Inc.
Reed's, Inc. makes the top-selling natural sodas in the natural
foods industry sold in over 13,000 natural food markets and
supermarkets nationwide. 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. In 2012, the Company launched Reed's
Culture Club Kombucha line of organic live beverages. Other product
lines include: Reed's Ginger Candies and Reed's Ginger Ice Creams.
In 2009, Reed's started producing private label natural beverages
for select national chains. 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
https://www.facebook.com/ReedsGingerBrew
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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Contact: Investor Relations Reed's, Inc. (310) 217-9400 ext. 18
Email: Email Contact www.reedsinc.com
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