Long Island Iced Tea Corp. Expands Sales Organization, Hires Experienced Beverage Professionals
August 21 2017 - 8:00AM
Marketwired
Long Island Iced Tea Corp. Expands Sales Organization, Hires
Experienced Beverage Professionals
Rob Stefanizzi appointed as Vice President, New York Region
Sales Team to Support Long-Term Strategic Partnership with Big
Geyser
LONG ISLAND, NY--(Marketwired - Aug 21, 2017) - Long Island Iced
Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company
focused on the non-alcoholic ready-to-drink ("NARTD") segment in
the beverage industry, today announced the appointment of Rob
Stefanizzi as Vice President, New York Region. Mr. Stefanizzi will
bring with him over the next month a team of proven industry
professionals who will be joining the Company as New York dedicated
Area Sales Managers.
Mr. Stefanizzi has nearly 20 years of beverage industry
experience in the New York metro region, most recently as Director
of Sales for Venturing and Emerging Brands at Coca-Cola and prior
to that as a Regional Sales Manager at Honest Tea. Additional
beverage experience includes Division Sales Manager for Big Geyser
and Regional Manager at Apple & Eve. Mr. Stefanizzi's team
includes industry veterans with backgrounds at leading beverage
organizations including Bai Brands, Big Geyser, Titan Tea, Honest
Tea, and Coca-Cola.
As the Vice President, New York Region, Mr. Stefanizzi will be
responsible for driving growth in the New York metro region. In
particular, he will support the recently announced long-term
strategic partnership with Big Geyser, the largest independent
non-alcoholic beverage distributor in metro New York.
Philip Thomas, Chief Executive Officer of the Company,
commented, "We are proud to have Rob and his team joining the
Company during this exciting time of growth. The recently announced
strategic partnership with Big Geyser is an incredible opportunity
to grow our brand in the New York metro region; this change puts in
place a world-class sales force to maximize this significant New
York opportunity."
Mr Stefanizzi added, "I am extremely excited with the
opportunity presented to me. Long Island Iced Tea® is an amazing
brand; Big Geyser is a powerhouse distributor - I'm thrilled and
excited by the potential to grow Long Island Iced Tea® across
metropolitan New York."
About Long Island Iced Tea Corp.
Headquartered in Long Island, NY, Long Island Iced Tea Corp.
operates in the non-alcohol ready-to-drink segment of the beverage
industry. The Company's flagship brand 'The Original Long Island
Brand Iced Tea®', together with 'The Original Long Island Brand
Lemonade™' are marketed as premium beverages made with non-GMO
ingredients. The company also imports and markets 'ALO Juice®' a
functional Aloe Vera based beverage. The Company's portfolio of
premium brands sits within the 'better-for-you' category of the
beverage industry, and are offered to consumers at an affordable
price, reflecting the Company's mission. Its beverages are sold
primarily through a network of regional chains and distributors
primarily on the East Coast and the Midwest of the United States,
as well as Canada and Latin America. The Company's website is
www.longislandicedtea.com.
Forward Looking Statements
This press release includes statements of the Company's
expectations, intentions, plans and beliefs that constitute
"forward looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and are intended to come within the safe
harbor protection provided by those sections. These statements,
which involve risks and uncertainties, relate to the discussion of
the Company's business strategies and its expectations concerning
future operations, margins, sales, new products and brands,
potential joint ventures, potential acquisitions, expenses,
profitability, liquidity and capital resources and to analyses and
other information that are based on forecasts of future results and
estimates of amounts not yet determinable. These statements include
any statement that does not directly relate to a historical or
current fact. You can also identify these and other forward-looking
statements by the use of such words as "may," "will," "should,"
"expects," "intends," "plans," "anticipates," "believes," "thinks,"
"estimates," "seeks," "predicts," "could," "projects," "potential"
and other similar terms and phrases, including references to
assumptions. These forward looking statements are made based on
expectations and beliefs concerning future events affecting the
Company and are subject to uncertainties, risks and factors
relating to its operations and business environments, all of which
are difficult to predict and many of which are beyond its control,
that could cause its actual results to differ materially from those
matters expressed or implied by these forward looking statements.
These risks include its history of losses and expectation of
further losses, its ability to expand its operations in both new
and existing markets, its ability to develop or acquire new brands,
its relationships with distributors, the success of its marketing
activities, the effect of competition in its industry and economic
and political conditions generally, including the current economic
environment and markets. More information about these and other
factors are described in the reports the Company files with the
Securities and Exchange Commission, including but not limited to
the discussions contained under the caption "Risk Factors." When
considering these forward looking statements, you should keep in
mind the cautionary statements in this press release and the
reports the Company files with the Securities and Exchange
Commission. New risks and uncertainties arise from time to time,
and the Company cannot predict those events or how they may affect
it. The Company assumes no obligation to update any forward looking
statements after the date of this press release as a result of new
information, future events or developments, except as required by
the federal securities laws.
Contacts:For InvestorsPhil ThomasLong Island Iced Tea
Corp.1-855-542-2832info@longislandteas.com