Post by ToddCT on Jan 19, 2005 7:46:04 GMT -5
Tropical Beverage To Focus On Own Brands; After Early Successes Company Set to Launch 4 New Brands in Coming Months
SANTA ANA, Calif., Jan 19, 2005 (BUSINESS WIRE) -- Tropical Beverage Inc. (Pink Sheets:TPBV), a producer and distributor of value-added water-based products, today announced that it has decided to focus its attention on building its own brands. The decision will mean a shift in company resources towards launching and promotion of brands that the company has developed over the past few months.
"The bottom line is that this makes good sense for our investors and for the company as a whole. The margins are better and the company builds its image better with the success of its own brands," said Chris Lotito, COO for Tropical. "We have done well regionally, but are seeking to build national exposure. Our plans are to build the distribution network, and launch the products systematically over the next few months. Initial test reactions have been phenomenal, and we intend to announce the first shortly," he added.
Tropical Beverage (www.tropicalbev.com) manufactures and distributes a complete line of value-added beverages. Their extensive line includes pure spring waters, flavored waters, vapor-distilled waters, ultra-pure purified waters, micro-clustered waters and waters with additives (including oxygen, caffeine, electrolytes and other enhanced minerals and vitamins). They specialize in private-labeled water and have products placed in stores around the world. In addition, Tropical Beverage continues to seek acquisitions of related companies that will enhance their product development and to build a network of subsidiaries across the nation.
Disclaimer: The company relies upon the Safe Harbor Laws of 1993, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
SOURCE: Tropical Beverage Inc.
SANTA ANA, Calif., Jan 19, 2005 (BUSINESS WIRE) -- Tropical Beverage Inc. (Pink Sheets:TPBV), a producer and distributor of value-added water-based products, today announced that it has decided to focus its attention on building its own brands. The decision will mean a shift in company resources towards launching and promotion of brands that the company has developed over the past few months.
"The bottom line is that this makes good sense for our investors and for the company as a whole. The margins are better and the company builds its image better with the success of its own brands," said Chris Lotito, COO for Tropical. "We have done well regionally, but are seeking to build national exposure. Our plans are to build the distribution network, and launch the products systematically over the next few months. Initial test reactions have been phenomenal, and we intend to announce the first shortly," he added.
Tropical Beverage (www.tropicalbev.com) manufactures and distributes a complete line of value-added beverages. Their extensive line includes pure spring waters, flavored waters, vapor-distilled waters, ultra-pure purified waters, micro-clustered waters and waters with additives (including oxygen, caffeine, electrolytes and other enhanced minerals and vitamins). They specialize in private-labeled water and have products placed in stores around the world. In addition, Tropical Beverage continues to seek acquisitions of related companies that will enhance their product development and to build a network of subsidiaries across the nation.
Disclaimer: The company relies upon the Safe Harbor Laws of 1993, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
SOURCE: Tropical Beverage Inc.