Purple Beverage Company Makes a Splash in Northern Nevada with Crown Beverages, Inc. Regional Distribution Agreement
August 12 2008 - 8:00AM
Business Wire
Purple Beverage Company, Inc. (OTCBB:PPBV) announced today that it
has signed a distribution agreement with Sparks, Nevada-based Crown
Beverages, Inc., further expanding the national availability of its
signature beverage, Purple�, to customers throughout the Northern
Nevada region. �We are excited that Crown Beverages has decided to
partner with us to help bring Purple to consumers everywhere,� said
Ted Farnsworth, CEO and Founder of Purple Beverage Company. �With
strong locations in attractive markets, Crown Beverages will help
enhance our current distribution and propel the Purple brand
forward in the region.� Crown Beverages, Inc. distributes such
high-profile brands as Sierra Nevada�, Guinness�, Jones� Soda,
Function� Drinks and Sweet Leaf Tea� to a variety of independent
retailers. It additionally services chain stores throughout the
area, including Scolari�s�, Safeway�, Save Mart�, Wal-Mart�,
7-Eleven� and Terrible Herbst�, among others. �We are always on the
lookout for trendy new beverages, and have been watching Purple
carefully over the past several months as it has continued to
attract more and more health-conscious consumers,� said Paul Bond,
President and General Manager of Crown Beverages, Inc. �With
wellness being such a high priority for so many Americans right
now, we are confident that adding Purple to our list of
well-respected brands will help solidify our place as one of the
nation�s foremost beverage distributors.� Introduced in late 2007,
Purple is a unique and tasty blend of seven of the world�s most
powerful antioxidant-rich juices, including the exotic a�ai berry,
black cherry, pomegranate, black currant, purple plum, cranberry
and blueberry. The health benefits of these fruits are packed into
an all-natural, no-sugar added rejuvenating beverage that is
perfect as an on-the-go drink or as part of a healthy fruit
smoothie. Since debuting in late 2007, Purple has been praised by
such high-profile publications as Health Magazine and Family Circle
and has appeared on ABC-TV�s �The View.� In addition, nightclubs
and lounges are finding Purple to be one of the trendier
antioxidant cocktail choices, as adding alcohol to antioxidant-rich
berries increases the power of the antioxidants, a fact confirmed
in studies by researchers from the U.S. Department of Agriculture
and by a study at Kasetsart University in Thailand. Purple can be
found in select GNC stores across the country and online at
www.gnc.com, as well as in various restaurants, bars, nightclubs,
delis, drug stores, health food stores, supermarkets and
convenience stores. For more information, visit
www.drinkpurple.com. Cautionary Statement Regarding Forward-Looking
Statements Information provided by Purple Beverage Company, Inc.,
such as online or printed documents, publications or information
available via Purple Beverage Company�s website, contains
forward-looking statements that involve risks, uncertainties,
assumptions and other factors, which, if they do not materialize or
prove correct, could cause Purple Beverage Company�s results to
differ materially from historical results, or those expressed or
implied by such forward-looking statements. All statements, other
than statements of historical fact, are statements that could be
deemed forward-looking statements, including statements containing
the words "planned," "expects," "believes," "strategy,"
"opportunity," "anticipates," and similar words. These statements
may include, among others, plans, strategies and objectives of
management for future operations; any statements regarding proposed
new products, services or developments; any statements regarding
future economic conditions or performance; statements of belief;
and any statements of assumptions underlying any of the foregoing.
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