KonaRed Announces First Quarter Retail and Distributor Successes;
Company's Growth in Retail Increases More Than 500% During First
Three Months of 2014
KOLOA, HI--(Marketwired - Apr 8, 2014) - KonaRed Corporation
(www.KonaRed.com) (OTCBB: KRED), manufacturers of Antioxidant
Juices, Organic Green Teas, and On-the-Go Packs developed from
extracts and powders from the exclusive Hawaiian CoffeeBerry®,
coffee fruit from Kona, Hawaii, today issued a summary report
regarding the Company's retail and distribution successes during
the first quarter of 2014.
Retail Successes: Toward the end of 2013, KonaRed beverages
could be found in more than 540 retail locations throughout North
America. Additionally, its 100% Hawaiian CoffeeBerry®, beverage
continued to be used as a branded ingredient in all 32 Jamba Juice
locations in Hawaii.
In early January 2014, KonaRed Organic Green Tea was introduced
to consumers in 59 ABC Store locations in Hawaii. Those 59 retail
outlets also added KonaRed Original to their beverage shelves.
In mid-January, all four commissaries operated by the Defense
Commissary Agency began selling KonaRed Organic Green Tea and
Original in 10.5oz bottles, enabling KonaRed to surpass 600 retail
locations within the first weeks of January.
Less than 30 days later, KonaRed expanded its presence in
Canada, as its 16oz. bottles of KonaRed Original became available
in more than 80 Save-On-Foods stores (owned by the Overwaitea Food
Group). In mid-March, the Company announced that it had added even
more Overwaitea Food Group-owned stores, surpassing 100 retail
locations.
Three days later, KonaRed Original became available in more than
2,100 Walmart stores as the Company exceeded 2,800 retail
locations.
Distributor Successes: During the first week of January, KonaRed
announced that it had entered into an agreement with Splash
Beverage Group to sell and distribute KonaRed's products throughout
the U.S. Splash Beverage Group is headed by seasoned beverage
executives Robert Nistico and Kevin McClafferty, the successful
former executive management team at Marley Beverage Company, one of
the fastest-growing beverage start-ups in recent years.
During February, the Company announced that it added Nevada's
premier leading wine, beer, spirits and beverage distribution
company, Southern Wine & Spirits, to its distribution network
to cover Nevada.
The Company also added Blue Coast Beverages and Great State
Beverages to cover areas in Boston and New Hampshire,
respectively.
Additionally, during February, Haralambos Beverage Company,
which services more than 10,000 retail and customer accounts in Los
Angeles, San Bernadino, Kern, Riverside, and Orange Counties, and
Central Beverage Company, which services more than 3,500 retailers
in the eight-county Chicago metro area became distributors of
KonaRed's beverages.
In early March, KonaRed renewed its agreement with Paradise
Beverages to distribute both 10.5oz KonaRed Original and 10.5oz
KonaRed Organic Green Tea to retailers throughout Hawaii, including
Whole Foods, Walmart, Foodland, and 7-Eleven, among many
others.
"We are pleased with the accomplishments we made during the
first three months of 2014. Our growth from roughly 540 retail
locations in 2013 to more than 2,800 currently represents an
increase of more than 500%. We aim to improve upon these numbers
and place our line of Hawaiian CoffeeBerry®, coffee fruit products
from Kona, Hawaii, in front of as many consumers as possible," said
Shaun Roberts, CEO and President of KonaRed Corporation.
About KonaRed Corporation: KonaRed Corporation is in the
business of bringing the health and wellness attributes of Hawaiian
Coffee fruit to the masses. KonaRed Corporation has developed an
innovative, state of the art, proprietary process that produces
antioxidant extracts and powders from Hawaiian Coffee Fruit which
are used in its Antioxidant Juices, Organic Green Teas, and
On-the-Go Packs. The Company is headquartered in Koloa, Hawaii, and
its products are sold in select Whole Foods, Safeway, Sprouts,
Walmart, 7-Eleven, and many other retail outlets throughout the US
and Canada.
Forward Looking Statements Certain information contained in this
press release, including any information as to our strategy, plans
or future financial or operating performance and other statements
that express management's expectations or estimates of future
performance, constitute "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Action of 1934. All statements,
other than statements of historical fact, are forward-looking
statements. The words "believe," "expect," "will," "anticipate,"
"contemplate," "target," "plan," "continue," "budget," "may,"
"intend," "estimate," "project" and similar expressions identify
forward-looking statements. Forward-looking statements are subject
to risks and uncertainties that could cause actual results to
differ materially from those expressed in the forward-looking
statements, including, but not limited to, certain delays beyond
the company's control with respect to its plans or operations. Our
actual results may differ materially from the results anticipated
in these forward-looking statements due to a variety of factors,
including, without limitation those set forth as "Risk Factors" in
our filings with the SEC which can be found at www.sec.gov. There
may be other factors not mentioned above or included in the
Company's SEC filings that may cause actual results to differ
materially from those projected in any forward-looking statement.
The Company disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by
applicable law.
Contact: KonaRed Corporation Investor Relations E and E
Communications Paul Knopick Email: pknopick@eandecommunications.com
940.262.3584
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