Reed's, Inc. Announces Expanded Relationship With Cost Plus World Market
14 Maio 2009 - 10:00AM
Marketwired
Reed's, Inc. (NASDAQ: REED), maker of the top-selling sodas in
natural food stores nationwide, announced today that it has formed
an expanded relationship with Cost Plus World Market, an Oakland,
California-based specialty retailer with 270 stores in 31 states
across the US.
Bob Lyon, VP of Sales, West Region for Reed's, Inc., stated,
"Cost Plus World Market is an extremely exciting retailer to
partner with on a national basis. With this newly built
relationship, Cost Plus World Market will begin carrying Reed's
Ginger Candy Tins, Original Ginger Candy Chews, Reed's Extra Ginger
Brew in the 7oz. 8-packs and the Virgil's Party Keg in all stores
nationwide. As we continue to enhance our relationship we hope to
increase our presence with newly added Reed's and Virgil's brands
and packages in all stores."
About Cost Plus World Market
Cost Plus World Market operates 270 stores in 31 states under
the names "World Market" and "Cost Plus World Market." The store
features an ever-changing selection of casual home furnishings,
housewares, gifts, jewelry, decorative accessories, over 500
international wines, gourmet foods and beverages offered at
affordable prices and are imported from more than 50 countries.
Many items are unique and exclusive to World Market regularly
supplied by an international network of individual and regional
artisans developed over the Company's 50 years in the import
business. The majority of the store's furniture is constructed of
environmentally friendly, farm raised wood while a number of items
are made out of recycled glass and yet countless are constructed of
environmentally friendly bamboo. The value, breadth and continual
refreshment of products invite customers to come back throughout a
lifetime of changing home furnishings and entertaining needs.
About Reed's, Inc.
Reed's, Inc. makes the top selling sodas in natural food markets
nationwide and is currently selling in 10,500 supermarkets in
natural foods and mainstream. 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. In addition, 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. 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. 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
View Reed's YouTube channel at:
http://www.youtube.com/reedsgingerbrew
Review Reed's Delicious bookmarks at:
http://www.delicious.com/reedsinc
Join 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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