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Press Release
Reed’s, Inc.
Announces Partnership with Odom Corporation
Distributor of Coca-Cola, Miller Beer and Coors Beer products
in three states – Alaska, Washington and Northern
Idaho - takes on Reed’s and Virgil’s lines
Odom Corporation sells over 1.6 million cases of varied
products each month and processes an average of 500 orders
per day
LOS
ANGELES, April 02, 2009 (MARKETWIRE) -- Reed's, Inc. (NasdaqCM:REED),
maker of the top-selling sodas in natural food stores
nationwide announced today that it has formed a partnership
with Bellevue, Washington based Odom Corporation. The
Odom Corporation currently distributes Coca-Cola, Miller
Beer and Coors Beer, along with many other fine beverage
products in three states – Alaska, Washington and
Northern Idaho.
Neal Cohane, Senior VP of Sales & Marketing stated,
“Odom is an important distribution partner for Reed’s
in the Pacific Northwest region. With a team of more than
1500 associates in this market, Odom will substantially
strengthen our presence in all channels of business.”
“The Pacific Northwest is growing into an extremely
important market for Reed’s” added Cohane.
“The consumer culture there is very conscious of
natural and organic products, and our brands are performing
extremely well in natural/mainstream retailers. We look
forward to building a solid long-term relationship with
the Odom team.”
John Odom President and CEO of The Odom Corporation commented,
“Reed’s brings a very unique soft drink proposition
in a rapidly growing segment of the soft drink market.
We are pleased to provide the sales and delivery to retail
outlets.”
About The Odom Corporation
The Odom Corporation (Odom) is
one of the Northwest’s leading beverage distributors
of foreign and domestic beers, wines, spirits and soft
drinks, including Coca-Cola of Alaska. Odom is a second
generation family business founded in 1934—equally
owned by John, Bill and Jim Odom and is proudly celebrating
its 75th anniversary in 2009. The Company employs over
1,500 associates who sell and distribute more than 20
million cases annually. For more information about Odom,
please visit www.odomcorp.com.
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
Reed's Facebook Fan Page at: http://www.facebook.com/pages/Reeds-Ginger-Brew-and-Virgils-Natural-Sodas/57143529039?ref=nf
Subscribe to Reed's RSS feed at:
http://www.irthcommunications.com/REED_rss.xml
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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