Archive | 2009

Reed's, Inc. Revises Corporate Financing Plans

LOS ANGELES, CA–(Marketwire – March 17, 2009) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, has provided an update to its corporate financing plans. The company cited sales, reduced costs of goods, new mainstream accounts and increased efficiency in its bottling operations as catalysts. “In January the company… Read More →

Reed's, Inc. Announces Preliminary Fiscal Year 2008 Results

LOS ANGELES, CA–(Marketwire – March 4, 2009) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, today announced preliminary results for the fiscal year ended December 31, 2008. — Full year 2008 net sales increased 17% over full year 2007 to $15.3 million — Full year 2008 gross profit… Read More →

Reed's, Inc. Expands Virgil's Natural Soda Line With Introduction of Virgil's Orange Cream Soda

LOS ANGELES, CA–(Marketwire – February 25, 2009) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, announced today that Virgil’s Orange Cream Soda will be launched this next week. The product is being offered in 12 oz. long neck bottles and packaged as a 4 pack. Virgil’s Orange Cream… Read More →

Reed's, Inc. Grows International Sales 207% in 2008

LOS ANGELES, CA–(Marketwire – February 23, 2009) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide announced that the Company grew its international sales by 207% in 2008, compared to 2007. In 2008, Reed’s Inc. launched into the Singapore marketplace, expanded their European customer base and had a significant… Read More →

Reed's, Inc. Increases Mainstream Grocery Sales 37% in 2008

LOS ANGELES, CA–(Marketwire – February 19, 2009) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, recorded a 37% increase in sales in mainstream supermarkets in 2008. “Our new ‘Partner-with-Purpose’ marketing program initiated in early 2008 is producing tremendous results for us in our non-natural foods supermarket accounts. Our… Read More →

Reed's, Inc. Retains IRTH Communications, LLC to Provide Investor Relations Services

LOS ANGELES, CA–(Marketwire – February 5, 2009) – Reed’s, Inc. (NASDAQ: REED) announced today that it has retained Santa Monica, California-based IRTH Communications, LLC, a “Green” investor relations and communications firm with a focus on the natural and organic space. Andrew Haag, Managing partner at IRTH, commented, “Typically, beverage companies are valued at a multiple… Read More →