Post by ToddCT on Feb 2, 2005 8:27:29 GMT -5
Tropical Beverage Launches Pure GUTZ - Complete Line of Beverages in a Flask; Forecasts Are for over $30 Million in Sales in First Year
SANTA ANA, Calif., Feb 2, 2005 (BUSINESS WIRE) -- Tropical Beverage Inc. (Pink Sheets:TPBV), a producer and distributor of value-added water-based products, today announced that it is releasing the first of a series of beverages into the market. The line is called Pure GUTZ and is packaged in a proprietary flask. The line includes 3 grouped offerings, an oxygenated water that has a suggested retail price of $0.99, a line of flavored sports drinks based upon the N.E.W.(R) technology that the company recently acquired, and an energy drink line called Energy Push. Each grouping will have multiple flavors that are scheduled to be released in the coming months.
"The excitement is in the air. We have been refining this product over the past few months and distributors are lined up and ready to receive it. Our initial projections are for over $30 million in sales in the first year, and this is only the first of 4 products that we have planned to release. Our plans are to build up our distribution and bring the other products into the fold steadily over the next few months," said Chris Lotito, COO for Tropical. "The company is poised to make a major move in the market and we feel confident that Pure GUTZ will have a dramatic impact for us," 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., Feb 2, 2005 (BUSINESS WIRE) -- Tropical Beverage Inc. (Pink Sheets:TPBV), a producer and distributor of value-added water-based products, today announced that it is releasing the first of a series of beverages into the market. The line is called Pure GUTZ and is packaged in a proprietary flask. The line includes 3 grouped offerings, an oxygenated water that has a suggested retail price of $0.99, a line of flavored sports drinks based upon the N.E.W.(R) technology that the company recently acquired, and an energy drink line called Energy Push. Each grouping will have multiple flavors that are scheduled to be released in the coming months.
"The excitement is in the air. We have been refining this product over the past few months and distributors are lined up and ready to receive it. Our initial projections are for over $30 million in sales in the first year, and this is only the first of 4 products that we have planned to release. Our plans are to build up our distribution and bring the other products into the fold steadily over the next few months," said Chris Lotito, COO for Tropical. "The company is poised to make a major move in the market and we feel confident that Pure GUTZ will have a dramatic impact for us," 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.