Reed's, Inc. Announces Distribution Agreement With Crescent Crown Distributing, LLC
30 Agosto 2011 - 3:15PM
Marketwired
Reed's, Inc. (NASDAQ: REED) (OTCBB: REEDP), maker of top-selling
sodas in natural food stores nationwide, announced today that it
has formed a distribution agreement with Crescent Crown
Distributing (CCD) of Louisiana. Crescent Crown, a TOP FIVE beer
distributor in the US, begins full-service direct store delivery
distribution of Reed's and Virgil's brands throughout southern
Louisiana, bringing our brands to life in some of the most dynamic
cities in the country.
Neal Cohane, Senior Vice President of Sales and Marketing,
stated, "We are extremely excited about this new partnership.
Crescent Crown has a tremendous reputation of performing as a
nationally recognized leader in the beverage industry. They have
established standards by which others have been measured and strive
to be the best distributor in the market. In fact, in our latest
kick-off, Crescent Crown made it their goal and were successful, at
gaining 100% distribution in all 52 Winn-Dixie locations within
their territory. Thanks to Crescent Crown Division Vice-Presidents
Chris Bourg, Nick Hazard, Billy Long and Don Dorand. Their
leadership during our latest kick-off was invaluable, making this
one of the best introductions of our brands to a marketplace to
date. We are looking forward to driving some serious volume with
our new partners." Cohane continued, "Thanks to Eddie Pearson, our
South Region VP. Eddie's perseverance and steadfastness led to
Reed's landing one of the best distributors in the industry today.
Eddie's persistence will help lead the Reed's and Virgil's brands
to continued growth and exposure in the all important southern
demographic."
About Reed's, Inc.
Reed's, Inc. makes several brands of top selling natural sodas
and beverages. Their products are sold in over 10,500 stores
throughout the natural foods industry and supermarkets nationwide.
Reed's six award-winning, non-alcoholic Ginger Brews are unique in
the beverage industry as they are made using fresh ginger, spices
and fruits with a brewing process that predates commercial soft
drinks. The Company also produces a Natural Energy Elixir and
'Reed's Rx,' a Natural Ginger Nausea Relief product for the drug
store and grocery retail channels. Reed's, Inc. owns China Cola and
the Virgil's line of sodas that includes the award-winning Virgil's
Root Beer as well as Virgil's Cream Soda, Black Cherry Cream Soda,
Orange Cream Soda and Real Cola. The Company has also introduced
its new 'Virgil's Zero' line of Stevia-sweetened diet sodas in all
these popular flavors. In 2009, Reed's acquired the Sonoma Sparkler
brand and started producing Private Label natural beverages for
select national chains. Other product lines include Reed's Ginger
Candies and Reed's Ginger Ice Creams.
Reed's products are sold internationally in Canada and Mexico,
along with a small presence in Europe, the Middle East, Africa,
Japan and Singapore. 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:
http://www.facebook.com/pages/Reeds-Ginger-Brew-and-
Virgils-Natural-Sodas/57143529039?ref=nf
About Crescent Crown Distributing
Crescent Crown Distributing is a full-service, direct store
delivery distributor of premium alcoholic and non-alcohol beverages
throughout the states of Louisiana and Arizona. Crescent Crown
delivers over 26 million cases annually throughout their
distribution territory, making them one of the TOP 5 largest beer
distributors in the country. Crescent Crown Distributing, LLC's
mission is to always perform as a nationally recognized leader,
establishing the standards by which others are measured. Crescent
Crown holds themselves accountable to these standards with the
utmost integrity, pride, professionalism and enthusiasm and strive
as a team and individual to be the best distributor in the market.
For more information, please visit: http://www.ccdaz.com/home.
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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Investor Relations Contact: Mr. Michael Sclafani
President Wall Street Communications Group, Inc Tel: 303-903-2090
E-mail: Email Contact
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