HP Hood Commences Production of Bravo! Slammers
04 Dezembro 2006 - 11:30AM
PR Newswire (US)
NORTH PALM BEACH, Fla., Dec. 4 /PRNewswire-FirstCall/ -- Bravo!
Brands Inc. (OTC:BRVO) (BULLETIN BOARD: BRVO) , a brand development
and marketing company that promotes and distributes
vitamin-fortified, flavored milk drinks and other beverages,
announced today that HP Hood LLC had commenced production of Bravo!
Slammers in its Winchester, Virginia facility. As previously
announced in September 2006, Bravo! signed a six-year production
agreement with HP Hood for annual commitments of 70 million bottles
of Bravo!'s various lines of shelf-stable, single serve flavored
milk beverages. Initial production commenced November 27, 2006 and
is expected to ramp up quickly. The first shipment of approximately
1.25 million bottles is anticipated for December 15, 2006 with full
volume shipments of 70 million bottles forecast for 2007. This
increase in production eliminates the production capacity
constraints experienced by the Company earlier in the year and
uniquely positions the company with guaranteed production of shelf
stable plastic bottles. Roy Warren, Chief Executive Officer,
commented, "The production by Hood's East Coast facility
considerably reduces our production capacity constraint and greatly
enhances our ability to provide product to the east coast region."
Mr. Warren further added, "We view the commencement of production
at this facility as the successful accomplishment of another
strategic objective that we had set for Bravo!" About the Company
Bravo! Brands Inc. develops, brands, markets, distributes and sells
nutritious, flavored milk products throughout the 50 United States,
Great Britain and various Middle Eastern countries. Bravo!'s
products are available in the United States and internationally
through production agreements with regional aseptic milk processors
and are currently sold under the brand names Slammers(R) and
Bravo!(TM). Bravo!'s Slammers(R) products are available nationwide
in popular chains such as: 7-Eleven, A&P, Dutch Farms, Giant
Food Stores, Jewel, Kings, Pathmark, Safeway, Sam's Club, Shaw's,
ShopRite, Speedway, SuperTarget, Unified, Waldbaums and Walgreens.
Many of Bravo! Brands' Slammers(R) lines of shelf-stable,
single-serve milk drinks are co-branded through exclusive
partnerships with Masterfoods, a division of Mars Incorporated,
General Mills, Organic Valley, and MD Enterprises (Moon Pie(R)),
providing superior name recognition packaged with quality,
great-tasting drinks. On November 1, 2005, Coca-Cola Enterprises,
Inc. began distribution of the Slammers(R) Masterfoods line, as
well as the Bravo!'s Slim Slammers(R) and Pro Slammers(TM)
products, under a Master Distribution Agreement with Bravo! For
more information, visit: http://www.bravobrands.com/ Forward
Looking Statements Safe Harbor under the Private Securities
Litigation Reform Act of 1995: The statements which are not
historical facts contained in this press release are
forward-looking statements that involve certain risks and
uncertainties including but not limited to risks associated with
the uncertainty of future financial results, regulatory approval
processes, the impact of competitive products or pricing,
technological changes, the effect of economic conditions and other
uncertainties as may be detailed in the Company's filings with the
Securities and Exchange Commission. Investor Relations Contact
Integrated Corporate Relations Julia Heckman (203) 247-7275
Kathleen Heaney (203) 803-3585 Company Contact Jeffrey J. Kaplan,
Chief Financial Officer (561) 625-1411 DATASOURCE: Bravo! Foods
International Corp. CONTACT: Investor Relations, Julia Heckman,
+1-203-247-7275, or Kathleen Heaney, +1-203-803-3585, both of
Integrated Corporate Relations; or Jeffrey J. Kaplan, Chief
Financial Officer of Bravo! Foods International Corp.,
+1-561-625-1411 Web site: http://www.bravobrands.com/
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