Reed’s, Inc. Announces Big Y Supermarket Chain to Offer Reed’s Complete Product Line
2008-08-05 08:00:00
Reed’s, Inc. Announces Big Y Supermarket Chain to Offer Reed’s Complete Product Line
Partnership will expand Reed’s
presence within all Big Y stores throughout Massachusetts and Connecticut
LOS ANGELES–(EMWNews)–Reed’s, Inc. (NASDAQ: REED) announced
today that it has formed an enhanced partnership with Big Y
Supermarkets, a family owned and family operated retail food company,
serving people’s at home food needs.
Big Y carries a wide variety of natural and organic products, including
select Reed’s Ginger Brews & Virgil’s
All Natural Sodas. Under the enhanced partnership, Big Y has committed
to begin carrying Reed’s full product line
throughout all of its 57 Big Y locations and one Fresh Acres location.
Christopher Reed, Founder and CEO of Reed’s,
Inc., stated, “This enhanced partnership with
Big Y reflects Reed’s commitment and success
in expanding into the mainstream marketplace. As a leading retailer of
natural and organic products across Massachusetts and Connecticut, Big Y
represents a significant opportunity to increase brand awareness in one
of the largest independently-owned supermarket chains in New
England.”
Ed Hanley, Vice President of Sales Northeast for Reed’s,
Inc., commented, “Our enhanced partnership
with Big Y offers Reed’s the opportunity to
greatly expand our brand awareness and reach with consumers in the
Massachusetts and Connecticut marketplaces. We look forward to working
closely with Big Y to develop full year ‘partner-with-purpose’
marketing plans, in-store sampling campaigns, Weekly Ad/Circular
participation and additional promotional efforts for the Reed’s
brand.”
About Reed’s,
Inc.
Reed’s, Inc. makes the top-selling sodas in
natural food markets nationwide, and is currently selling in 10,500
supermarkets in natural foods and mainstream. Its six award-winning
non-alcoholic Ginger Brews are unique in the beverage industry, being
brewed not manufactured and using fresh ginger, spices, and fruits in a
brewing process that predates commercial soft drinks. In addition, the
Company has acquired the top-selling root beer line in natural foods,
the Virgil’s Root Beer product line, and the
top-selling cola line in natural foods, the China Cola product line.
Other product lines include Reed’s Ginger
Candies, and Reed’s Ginger Ice Creams. Reed’s
products are sold through specialty gourmet and natural food stores,
supermarket chains, retail stores, and restaurants nationwide and in
Canada. For more information about Reed’s,
please visit the company’s website at www.reedsgingerbrew.com,
or call 800-99-REEDS.
SAFE HARBOR STATEMENT
Some portions of this press release, particularly those describing Reed’s
goals and strategies, contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. 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, including difficulties in marketing its
products and services, need for capital, competition from other
companies 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-KSB and Form 10-QSB, 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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