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Press Release
Reed's, Inc. Grows International Sales
207% in 2008
Company's Number One Selling Natural Sodas Now Available
in 8 Countries Worldwide
LOS ANGELES, CA--(MARKET WIRE)--Feb
23, 2009 -- Reed's,
Inc. (NasdaqCM: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
increase in sales to Mexico.
"A number of international markets
are inherently better markets for our products, particularly
for our Reed's Ginger Brew line. The consumers in a number
of countries use fresh ginger regularly in their cooking
and are better educated as to the health benefits
of ginger in the diet," commented Chris Reed,
Founder and CEO of Reed's, Inc. "While international
sales still represent less than 3% of sales for our products,
we still see huge potential in Europe, Asia and North
America."
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 owns 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, mainstream supermarket
chains, retail stores and restaurants nationwide, and
in Canada. For more information about Reed's, please visit
the company's website at: http://www.reedsgingerbrew.com
or call 800-99-REEDS.
Follow Reed's on Twitter at: http://www.twitter.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-KSB 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.
Source: Reed's, Inc.
Contact
IRTH Communications, LLC
Mark B. Moline
Managing Partner
760-458-4899
http://www.irthcommunications.com
http://www.twitter.com/irthcomm
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Reed's,
Inc. Grows Interational Sales 207% in 2008
Marketwire(Mon, Feb 23)
Reed's,
Inc. Increases Mainstream Grocery Sales 37% in 2008
Marketwire(Thu, Feb 19)
Reed's,
Inc. Retains IRTH Communications, LLC to Provide Investor
Relations Services
Marketwire(Thu, Feb 5)
Reed's,
Inc. Announces Rights Offering
GlobeNewswire(Mon, Jan 26)
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