Purple Beverage Company Staying the Course
08 Abril 2009 - 9:30AM
PR Newswire (US)
Purple Sets up for the Future FORT LAUDERDALE, Fla., April 8
/PRNewswire-FirstCall/ -- Purple Beverage Company, Inc. (Pink
Sheets: PPBV), today announced that it has re-evaluated its
marketing strategy based on current economic issues and its own
financial resources. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090408/NY96077LOGO ) With
retailers cutting back on orders, our revenues have declined
significantly. As a result, Purple made the decision that it will
be more cost effective to outsource many of its operating needs and
reduce its full time work force. "We knew we had to move to a
leaner and meaner profile," said Ted Farnsworth, CEO of Purple
Beverage Company. "It was very tough to get through, but now,
Purple is in the process of repositioning and realigning. We
anticipate moving forward with our antioxidant beverage and are
also looking forward to adding line extensions that we feel will be
well received by consumers, despite these recessionary times." A
growing demand for nutraceutical supplements will drive demand for
Purple. "From day one," says Farnsworth, "we recognized a niche to
fill. We've done a lot of sampling at the retail level and by and
large, we find that there's much positive feedback from
health-minded consumers." Introduced in late 2007, Purple is a
unique and tasty blend of seven antioxidant-rich fruits, including
the exotic acai berry, black cherry, pomegranate, black currant,
purple plum, cranberry and blueberry. The health benefits of these
fruits are blended into an all-natural, no-sugar added beverage
that is perfect as an on-the-go drink, as part of a healthy fruit
smoothie or as a mixer for cocktails. Purple has been featured in
such high-profile publications as Health Magazine and Family Circle
and has appeared on ABC-TV's "The View." Purple can be ordered
online from GNC at http://www.gnc.com/ and can be found at fine
retailers. For more information, visit http://www.drinkpurple.com/.
Cautionary Statement Regarding Forward-Looking Statements
Information provided by Purple Beverage Company, Inc., such as
online or printed documents, publications or information available
via Purple Beverage Company's website, contains forward-looking
statements that involve risks, uncertainties, assumptions and other
factors, which, if they do not materialize or prove correct, could
cause Purple Beverage Company's results to differ materially from
historical results, or those expressed or implied by such
forward-looking statements. All statements, other than statements
of historical fact, are statements that could be deemed
forward-looking statements, including statements containing the
words "planned," "expects," "believes," "strategy," "opportunity,"
"anticipates," and similar words. These statements may include,
among others, plans, strategies and objectives of management for
future operations; any statements regarding proposed new products,
services or developments; any statements regarding future economic
conditions or performance; statements of belief; and any statements
of assumptions underlying any of the foregoing.
http://www.newscom.com/cgi-bin/prnh/20090408/NY96077
http://photoarchive.ap.org/ DATASOURCE: Purple Beverage Company,
Inc. CONTACT: Purple Beverage Company Media Relations Department,
+1-954-462-8382 Extension 202 Web Site: http://www.drinkpurple.com/
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