LiveWire Ergogenics, Inc. Announces Joining of Soft Chew Manufacturing Facility & Management Offices Into One Location to Inc...
November 04 2013 - 8:00AM
Marketwired
LiveWire Ergogenics, Inc. Announces Joining of Soft Chew
Manufacturing Facility and Management Offices Into One Location to
Increase Efficiencies, Speed to Market, and Future Growth
ORANGE, CA--(Marketwired - Nov 4, 2013) - LiveWire Ergogenics,
Inc. (OTCQB: LVVV) CEO Bill Hodson announced today an important
strategic move for the company. By relocating its headquarters the
company has been able to combine manufacturing, fulfillment, and
management under one roof, which is a huge logistical advantage for
the company. This move will allow the company to streamline the
manufacturing process, rapidly introduce innovative new products,
and enter private label manufacturing of non-competing chewable
supplements.
The manufacturing equipment includes all batching and wrapping
machinery required to produce its energy chews as well as
additional manufacturing capabilities to more rapidly bring new
products to the market.
Stated LiveWire CEO Bill Hodson, "Control of manufacturing sets
us on an exciting path toward future growth and provides the
company a strong competitive advantage. LiveWire is committed to
developing leading chewable products that help consumers improve
their lifestyles by combining functional ingredients with
portability and convenience. It's my firm belief the soft chew
category will soon explode."
This move will allow LiveWire to dramatically improve its
ability to introduce new proprietary products that complement its
existing product line as well as manufacture other products for
non-competing chewable products. LiveWire will also be able to
help define the 4-pack as the universal packaging format for the
chewable category. LiveWire's strategic move will also allow
for a reduction in overhead expenses through a higher utilization
of manufacturing equipment while controlling its own slotting for
timely delivery to its customers.
"This alignment of our strengths confirms our commitment to the
chewable supplement delivery system and provides us with an ideal
solution for our expansion needs," said Hodson. "Having the
capacity to produce over one million chews per day all under one
roof will help us maximize the growth of our chewable
products."
About LiveWire Ergogenics, Inc. (OTCQB: LVVV) and LiveWire
Energy™ Chews LiveWire Energy™ chews are manufactured in Anaheim,
California by LiveWire Ergogenics Inc.
Designed for consumers with an action-packed lifestyle, LiveWire
Energy™ chews are pocket-sized, portable alternatives to bulky
energy drinks or shots. Available in seven different flavors, the
Company's grab-n-go packaging responsibly displays the amount of
caffeine in each chew, including Citrus Mango (90 mg
caffeine), Pomaberry (90 mg caffeine), Chocolate (100 mg caffeine),
Mint Chocolate (120 mg caffeine), Sour Apple (90 mg caffeine),
Cinnamon Fire (90 mg caffeine), and Coffee (100 mg
caffeine).
LiveWire Ergogenics Inc. was formed in 2008 and its products are
available for purchase at thousands of retail outlets nationwide or
are available online at: http://www.livewireenergy.com
For additional information: Telephone: 714-940-0155 Email:
info@livewireenergy.com Facebook:
http://www.facebook.com/LiveWireEnergychews Twitter:
http://twitter.com/#!/EnergyChews Investor Information visit
http://www.otcmarkets.com/stock/LVVV/quote
Safe Harbor Forward-Looking Statements To the extent that
statements in this press release are not strictly historical,
including statements as to revenue projections, business strategy,
outlook, objectives, future milestones, plans, intentions, goals,
future financial conditions, future collaboration agreements, the
success of the Company's development, events conditioned on
stockholder or other approval, or otherwise as to future events,
such statements are forward-looking, and are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. The forward-looking statements contained in this
release are subject to certain risks and uncertainties that could
cause actual results to differ materially from the statements
made.
INVESTOR RELATIONS CONTACT Bill Hodson 714-940-0155 Email: Email
Contact
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