Reed's, Inc. Announces Conference Call to Discuss 2010 Financial Results
March 15 2011 - 7:00AM
Marketwired
Reed's, Inc. (NASDAQ: REED) (OTCBB: REEDP), maker of the
top-selling sodas in natural food stores nationwide, announced
today that it will conduct a conference call at 4:15 p.m. Eastern
Daylight Time (EDT) on Tuesday, March 22, 2011, to discuss its 2010
financial results.
Joining Mr. Chris Reed, Founder, Chairman, and Chief Executive
Officer of Reed's, Inc., will be Mr. James Linesch, Reed's Chief
Financial Officer. The Company previously announced record revenues
for 2010 that exceeded $20 million and surpassed its 30% top line
guidance. Reed's plans to issue an earnings release prior to the
call.
To participate in the live conference call, please dial the
following number five to ten minutes prior to the scheduled
conference call time: 888-240-4700. International callers should
dial 512-225-9559. The Conference ID for this call is 936603#.
About Reed's, Inc.
Reed's, Inc. makes several brands of top selling natural sodas
and beverages. Their products are sold in over 10,500 stores
throughout the natural foods industry and supermarkets nationwide.
Reed's six award-winning, non-alcoholic Ginger Brews are unique in
the beverage industry as they are made using fresh ginger, spices
and fruits with a brewing process that predates commercial soft
drinks. The Company also produces a Natural Energy Elixir and
'Reed's Rx', a Natural Ginger Nausea Relief product for the drug
store and grocery retail channels. Reed's, Inc. owns China Cola and
the Virgil's line of sodas that include the award-winning Virgil's
Root Beer as well as Virgil's Cream Soda, Black Cherry Cream Soda,
Orange Cream Soda and Real Cola. The Company has also introduced
its new 'Virgil's Zero' line of Stevia-sweetened diet sodas in all
these popular flavors. In 2009, Reed's acquired the Sonoma Sparkler
brand and started producing Private Label natural beverages for
select national chains. Other product lines include Reed's Ginger
Candies and Reed's Ginger Ice Creams.
Reed's products are sold internationally in Canada and Mexico,
along with a small presence in Europe, the Middle East, Africa,
Japan and Singapore. For more information about Reed's, please
visit the company's website at: http://www.reedsinc.com or call
800-99-REEDS.
Follow Reed's on Twitter at
http://twitter.com/reedsgingerbrew
Reed's Facebook Fan Page at:
http://www.facebook.com/pages/Reeds-Ginger-Brew-and-
Virgils-Natural-Sodas/57143529039?ref=nf
Subscribe to Reed's RSS feed at:
http://www.irthcommunications.com/REED_rss.xml
SAFE HARBOR STATEMENT
Some portions of this press release, particularly those
describing Reed's goals and strategies, contain "forward-looking
statements." These forward-looking statements can generally be
identified as such because the context of the statement will
include words, such as "expects," "should," "believes,"
"anticipates" or words of similar import. Similarly, statements
that describe future plans, objectives or goals are also
forward-looking statements. While Reed's is working to achieve
those goals and strategies, actual results could differ materially
from those projected in the forward-looking statements as a result
of a number of risks and uncertainties. These risks and
uncertainties include difficulty in marketing its products and
services, maintaining and protecting brand recognition, the need
for significant capital, dependence on third party distributors,
dependence on third party brewers, increasing costs of fuel and
freight, protection of intellectual property, competition and other
factors, any of which could have an adverse effect on the business
plans of Reed's, its reputation in the industry or its expected
financial return from operations and results of operations. In
light of significant risks and uncertainties inherent in
forward-looking statements included herein, the inclusion of such
statements should not be regarded as a representation by Reed's
that they will achieve such forward-looking statements. For further
details and a discussion of these and other risks and
uncertainties, please see our most recent reports on Form 10-KSB
and Form 10-Q, as filed with the Securities and Exchange
Commission, as they may be amended from time to time. Reed's
undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future events,
or otherwise.
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Investor Relations Contact: Mr. Andrew Haag Managing
Partner IRTH Communications, LLC Tel: +1-888-825-6456 E-mail: Email
Contact Website: www.irthcommunications.com
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