Maker of Top-Selling Natural Sodas to Partner With Growing Restaurant Chain
Reed's, Inc. (NASDAQ: REED) (OTCBB: REEDP), maker of the top-selling sodas in natural food stores nationwide, today announced its first private label agreement with a growing national restaurant chain that owns and operates over 100 casual dining restaurants in the U.S. coast-to-coast.
"This allows us to move our premium beverage craftsmanship into the restaurant business in much of the same way that Coke and Pepsi have done with chains nationwide," stated Chris Reed, Founder, Chairman and CEO of Reed's, Inc. "Beginning our first private label agreement with a growing national restaurant chain is extremely exciting. We are pleased to have been chosen and to have the privilege of working with a group known for its award-winning food and handcrafted beverages. They have plans to grow by 200 to 300 percent over the next few years. This represents a whole new business line for the Company that could be a tremendous winner for us."
Reed's, Inc. makes the top selling natural sodas in the natural foods industry sold in over 10,500 natural food markets and supermarkets nationwide. In 2009, Reed's started producing Private Label natural beverages for select national chains. 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. 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. Recently, Reed's introduced its Reed's All Natural Ginger Nausea Relief product for the over-the-counter stomach aisle for all retail channels and acquired the Sonoma Sparkler brand, a sparkling juice celebration drink with an established customer base. 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, as well as through private label relationships with major supermarket chains.
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