KOLOA, Hawaii, July 21, 2014 /PRNewswire/ -- KonaRed
Corporation (OTCBB/OTCQB: KRED), manufacturers of Antioxidant
Juices and nutritional supplements from the exclusive Hawaiian
CoffeeBerry®, coffee fruit from Kona, Hawaii, today announced highlights from a
report from its beverage distributor Splash Beverage Group, Inc.,
including increases in sales and placements in key retail stores
nationwide.
In April 2014, KonaRed engaged
Splash to manage all KonaRed beverage distribution within the U.S.
to quickly and effectively expand distribution. This quarterly
report covers the three months ended June
30, 2014. During this period Splash has contributed sales of
54%, $341,235, to KonaRed. Highlights
are as follows:
Distributor Contracts Increase:
- Splash added 12 new purchasing contracts to KonaRed's
distribution network.
- Additional distributors are projected to come on line in
July 2014.
Retail Wins:
- Walmart:
- 2100+ stores are reporting repeat KonaRed beverage sales.
- KonaRed is supporting Walmart with 100 in-store product
demonstrations scheduled for August
2014.
- Kroger:
- Splash has secured national authorizations for placement of
KonaRed beverages in 2000 Kroger stores including Ralphs,
Fred Meyer, King Soopers and
more.
- Initial orders for Kroger Stores
were shipped in early July to the chain's South-Central Kroger
division in Texas through Jakes
Finer Foods.
- Kroger banner store Ralphs, in the Western states, has begun to
carry KonaRed.
- Fresh Markets:
- Burris Distribution (Greensboro,
NC) is now accepting delivery of all 10.5oz. KonaRed drink
products, including original Coffeeberry®, Coffeeberry® with
Organic Green Tea and Coffeeberry® with Coconut Water.
- Splash has received commitments from Fresh Markets to
merchandise KonaRed in its water aisle and deli sections in all
stores.
- Speedee Mart and Terrible Herbst:
- The two dominant convenience and gas chains in the Las Vegas market are now receiving KonaRed
through Southern Wine and Spirits and have seen weekly increases in
sales volumes.
- Northern
California independent markets:
- Geyser Beverage is now distributing KonaRed to more than 100
independent retailers in the Bay area and surrounding
communities
KonaRed's CEO Shaun Roberts
commented: "Our relationship with Splash is providing an extremely
effective way to expand our distribution reach. Increasing sales is
our key focus and we're pleased with Splash's successes to date and
see momentum building for the future. We look forward to working
with Splash to make KonaRed available to consumers throughout the
U.S."
About KonaRed Corporation
KonaRed Corporation produces health and wellness nutritional
products including beverages and supplements, which bring the
attributes of Hawaiian Coffee fruit to an international consumer
market. Our business was established on August 22, 2008 and our first sales were achieved
in February 2009. On October 4, 2013 KonaRed became publicly traded
company and trades under the symbol KRED on the OTCBB and OTCQB.
KonaRed, through a licensing agreement with VDF FutureCeuticals,
Inc., utilizes innovative, state of the art, proprietary processes
that produce antioxidant extracts and powders from Hawaiian Coffee
Fruit, which are used to produce KonaRed's Antioxidant Juices,
Organic Green Teas, and On-the-Go Packs. KonaRed Corporation
is headquartered in Koloa, Hawaii,
and its distribution is centered in San
Clemente, California. KonaRed products are sold in select
Kroger, Vitamin Shoppe, Whole Foods, Safeway, Walmart, 7-Eleven,
and many other retail outlets throughout the US and
Canada. More information about KonaRed and its products can be
found at www.konared.com.
About Splash Beverage Group, Inc.
Headquartered in Fort Lauderdale,
Florida, Splash Beverage Group (SBG) manufactures, markets
and distributes all-natural, 'good-for-you' beverages to retailers
nationwide. Its portfolio of healthy beverage brands includes
KonaRed Coffeeberry® products, TapouT performance drinks and Bruce
(Lee) Tea RTD tea products. SBG has also started a spirits division
with the introduction of SALT flavored tequila. SBG is comprised of
beverage industry veterans, many of whom have been in the industry
for over 20 years. SBG executives were previously responsible for
the market development and rollout of brands such as Marley's
Mellow Mood, Red Bull, Sparkling
Ice, and Bolthouse Farms among others. SBG operates as a brand
owner or equity partner with their brands. The company formed a
strategic alliance with KonaRed in first quarter 2014.
Forward Looking Statements
Certain information contained in this press release, including
any information as to our strategy, plans or future financial or
operating performance and other statements that express
management's expectations or estimates of future performance,
constitute "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Action of 1934. All statements, other than
statements of historical fact, are forward-looking statements. The
words "believe," "expect," "will," "anticipate," "contemplate,"
"target," "plan," "continue," "budget," "may," "intend,"
"estimate," "project" and similar expressions identify
forward-looking statements. Forward-looking statements are subject
to risks and uncertainties that could cause actual results to
differ materially from those expressed in the forward-looking
statements, including, but not limited to, certain delays beyond
the company's control with respect to its plans or operations. Our
actual results may differ materially from the results anticipated
in these forward-looking statements due to a variety of factors,
including, without limitation those set forth as "Risk Factors" in
our filings with the SEC which can be found at www.sec.gov. There
may be other factors not mentioned above or included in the
Company's SEC filings that may cause actual results to differ
materially from those projected in any forward-looking statement.
The Company disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by
applicable law.
For Investor and Media Inquiries, please contact:
KonaRed Corporation Investor Relations
E and E Communications
Paul Knopick
Email: pknopick@eandecommunications.com
Tel 940.262.3584
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SOURCE KonaRed Corporation