LOS ANGELES, Aug. 24, 2016 (GLOBE NEWSWIRE) — Reed’s, Inc. (NYSE:REED), maker of the top selling craft sodas nationwide today announced that it has partnered with Barone Distribution headquartered in Reno, Nevada. Barone began distribution of Reed’s and Virgil’s in northern Nevada with service to all channels of business.
Brent Sahm, COO and Partner for Barone Distribution stated, “Barone Distribution’s focus is on award-winning craft, import and artisanal beverages, and the Reed’s portfolio is a winning combination with our brand mix which customers are demanding.”
Neal Cohane, SVP Sales & Marketing for Reed’s commented, “With this partnership, we close off distribution for the state of Nevada. Consumer demand is driving expansion and we look forward to increased brand presence with Barone’s extensive service and distribution in this region.”
About Barone Distribution
Founded in 2007 as a small family business, Barone Distribution specializes in unique beverages that offer consumers depth, intricacy, and class with a touch of social responsibility. Barone Distribution carries a line-up of craft beverages, including microbrews, organic and biodynamic wines, handmade liquors, and small batch brands. We are very selective about the brands we carry, and we pride ourselves on offering unparalleled service and support to our customers. Brands carried include Bear Republic Brewing, Paulaner, Eel River Brewing Co., Tahoe Mt. Brewing, Boulder Beer, Mission Brewing, Opici Wine and Spirits, III Badge Mixology, Sangra De Vita.
About Reed’s, Inc.
Reed’s, Inc. makes the top-selling sodas in the natural and specialty foods industry and are sold in over 15,000 natural and mainstream supermarkets nationwide. Reed’s products are sold through an additional estimated 40,000 accounts that include specialty gourmet, natural food stores, retail stores, convenience stores and restaurants nationwide and in select international markets. Reed’s has sold over 500 million bottles since inception in June 1989 and is considered the leader of the fast growing craft soda category. Its seven 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. The Company owns the top-selling root beer line in natural foods, the Virgil’s Root Beer product line, and a top-selling cola line in natural foods, the China Cola product line. In 2012, the Company launched its Reed’s Culture Club Kombucha line of organic live beverages. Other product lines include Reed’s Ginger Candies and Reed’s Ginger Ice Creams.
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 https://www.facebook.com/ReedsGingerBrew
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.
CONTACT: CONTACT: Reed's, Inc. Investor Relations - Email: [email protected]