LOS ANGELES, CA–(Marketwire – Aug 30, 2011) – Reed’s, Inc. (
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.