Long Island Iced Tea Corp. Hires Experienced Beverage Industry Sales Professionals
October 17 2017 - 8:00AM
Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a
growth-oriented company focused on the non-alcoholic ready-to-drink
(“NARTD”) segment in the beverage industry, today announced the
addition of five new Senior Area Sales Managers, all of whom have
prior beverage industry experience. The new Senior Area Sales
Managers will report to Rob Stefanizzi, the Company’s newly
appointed Vice President, New York Region. Mr. Stefanizzi recently
joined the Company after spending much of his career at beverage
companies including Coca-Cola and Honest Tea.
New Senior Area Sales
Managers:
- John Santoro - Previously a Sales
Representative for Big Geyser and most recently an Area Sales
Manager at Bai Brands
- Vito Caravella - Previously a Regional Manager
at Titan Tea and Senior Manager on the Venturing & Emerging
Brands (VEB) team at Coca-Cola
- Carlos Ramirez - Previously a Senior Manager
on the Venturing & Emerging Brands (VEB) team at Coca-Cola
- Ernie Beltrani - Previously a Sales
Representative for Big Geyser and most recently a Senior Manager at
Bai Brands
- Jack Cutrone - Previously a Sales
Representative for Big Geyser and most recently a Senior Manager at
Bai Brands
Mr. Stefanizzi commented, “I am excited to be
working with a team that brings extensive experience and success
with brand building in the New York market, and I expect each to be
valuable additions to the Long Island Iced Tea® sales team.”
Philip Thomas, Chief Executive Officer of the
Company, added, “This is an exciting time of growth for the
Company, and the new additions to our sales team will enable us to
continue our strong growth momentum and solidify our presence in
the New York metro area. We have a tremendous opportunity to expand
our distribution through our recently announced strategic
partnership with Big Geyser, and this team has the experience to
maximize this opportunity.”
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 LemonadeTM’ 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 Investors
Phil Thomas
Long Island Iced Tea Corp.
1-855-542-2832
info@longislandteas.com