GLENVIEW, Ill., Jan. 31, 2012 /PRNewswire/ -- Apple Rush
Co., Inc. (Pinksheets: APRU) is pleased to announce the
implementation of a credit facility for the aggregate amount
of $2.5 million issued by First
Fidelity, USA of Las Vegas, NV. The credit facility is
secured by the common stock of the company and will allow for the
immediate manufacturing of their products.
In conjunction with the draw down of the credit facility, Apple
Rush has initiated its first order with its packager, F. X. Matt
Brewing Company, a 100 year old company in upstate New York.
The order is for 10,400 cases of mixed Apple Rush products; Apple,
Blueberry, Pomegranate, and Black Cherry. All of the products
are manufactured to the specifications of protected and proprietary
standards of Apple Rush Company. All the products are
completely organic, 100% juice, and contain no preservatives or
added sugars.
Robert Corr, President of Apple
Rush Co., Inc states, "The present market is growing rapidly in
organic and natural beverages. Especially for beverages that taste
great and, importantly, are manufactured in accordance with organic
and ethical standards that are verified on the product label.
Apple Rush Co. has been an industry leader in the formulation of
such natural and organic beverage products. The current
promotion in the Chicagoland area, to be followed in other markets
this Spring, coincides with the 40th year anniversary of the Apple
Rush Co. and its unique line of organic beverages which originated
in California."
SAFE HARBOR STATEMENT:
Statements about the Company's future expectations and all
other statements in this press release other than historical facts,
are "forward-looking statements" within the meaning of Section 27A
of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private
Securities Litigation Reform Act of 1995. The Company intends that
such forward-looking statements be subject to the safe harbors
created thereby.
The above information contains information relating to the
Company that is based on the beliefs of the Company and/or its
management, as well as assumptions made by any information
currently available to the Company or its management. When used in
this document, the words "anticipate," "estimate," "expect,"
"intend," "plans," "projects," and similar expressions, as they
relate to the Company or its management, are intended to identify
forward-looking statements. Such statements reflect the current
view of the Company regarding future events and are subject to
certain risks, uncertainties and assumptions, including the risks
and uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties.
Contact:
Apple Rush Co., Inc
www.applerush.com
708-841-7960
SOURCE Apple Rush Co., Inc