The Alkaline Water Company Inc. (NASDAQ and TSXV: WTER),
a leading producer of premium bottled alkaline drinking water sold
under the brand name Alkaline88®, today announced that it has
entered into a Retail Services Agreement with Paramus, New
Jersey-based E.A. Berg Associates to expand its retail channels,
specifically its presence within the convenience store sector.
Under the agreement, E.A. Berg will assist the Company in obtaining
expanded retail presence for its flagship Alkaline88® premium
bottled alkaline drinking water within the convenience store
channel across several territories. The agreement entails 22 E.A.
Berg retail sales representatives selling Alkaline88® to
convenience stores located across Northern California, Southern
California, and the Texas cities of Houston, Austin, Dallas, and
San Antonio.
These representatives will help market the brand via customized
vans that prominently display the Alkaline88® logo as they visit
stores within their territories. In total, their reach is expected
to cover more than 13,000 convenience stores in the above-noted
markets. E.A. Berg prides itself on its Convenience Retail team,
which provides in-depth coverage to independent retailers. The
Alkaline Water Company expects that the E.A. Berg team focus on the
Alkaline88® brand will lead to substantial on-shelf presence and
market share gains within this new channel.
In addition to the 22 sales representatives in dedicated
customized vans, E.A. Berg will dedicate four retail district
managers, along with an administrative team, that will focus
exclusively on successful distribution and sell-through of the
Company’s product. The Company expects this partnership to benefit
its product line in a number of ways, including:
- Enhanced distribution to a new market with more than 13,000
convenience stores under coverage;
- Increased marketing support through the E.A. Berg Van
Program;
- Oversight of four retail district managers, plus an
administrative team, in addition to 22 hands-on sales
representatives focused on selling the Company’s product;
and
- Access to E.A. Berg’s expertise and track record, with its more
than 90 years of aggregate operating history and success.
“This new agreement with E.A. Berg will allow us to provide
Alkaline88® to customers who rely primarily on the convenience
store channel. People have demonstrated a clear preference for our
product and we are thrilled to be able to make it available to a
growing number of consumers through this previously untapped market
segment,” commented Richard A. Wright, president and CEO of The
Alkaline Water Company Inc. “The E.A. Berg Van Program will fulfill
both critical distribution and marketing functions, handling our
product, displays and general point-of-sale promotional materials.
We are very excited about the benefits that this will yield for
Alkaline88®, as we access new points of distribution.”
“We are delighted to add Alkaline88® to our family of brands and
enable independent retailers across these territories access to
this leading product,” said David Berg, CEO of E.A. Berg
Associates. “Our merchandising Van Program focuses on promoting and
selling high-end products to the independent convenience store
segment that might not otherwise have access to these high-growth
products.”
About E.A. Berg Associates
Founded in 1923 by Edward A. Berg and with over 90 years of
experience, E.A. Berg Associates has built long term relationships
based on trust. Experienced teams collaborate with client
organizations to increase their products market presence. E.A. Berg
Associates offers expertise in sales and merchandising. Clients
have access to a comprehensive range of services and support. E.A.
Berg’s goal is to provide profitable sales and returns across
multiple classes of trade. For more information
visit https://www.eaberg.com.
About The Alkaline Water Company Inc.
The Alkaline Water Company Inc. (NASDAQ and TSXV: WTER) is
a leading producer of premium bottled alkaline drinking water sold
under the brand name Alkaline88®. With its innovative,
state-of-the-art, proprietary electrolysis process, the Company
produces healthy, all-natural and great-tasting alkaline water for
a balanced lifestyle. Founded in 2012, the Company is headquartered
in Scottsdale, Arizona, and focuses on national distribution and
marketing for retail sale of Alkaline88®, one of the fastest
growing premium bottled water brands on the market. To learn more
about The Alkaline Water Company, please
visit: www.thealkalinewaterco.com or connect on Facebook,
Twitter, Instagram or LinkedIn.
About Alkaline Water Products
Alkaline88® is a premier 8.8 pH-balanced bottled alkaline
drinking water, enhanced with Himalayan Pink Rock Salt, and the #1
selling bulk alkaline water in the United States. The product
offers consumers the unique opportunity to purchase alkaline water
in conveniently packaged 500-milliliter, 700-milliliter, 1-liter,
1.5-liter, 3-liter and 1-gallon sizes. Alkaline88® is
available in over 47,500 retailers in all 50 states, including
national retailers such as Safeway/Albertsons, Walmart, Kroger,
CVS, and other top regional and local supermarket chains. To find a
retailer near you
visit: http://thealkalinewaterco.com/where-to-buy/
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements."
Statements in this news release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the
future. Such forward-looking statements include, among other
things, the following: that in total, E.A. Berg’s reach is expected
to cover more than 13,000 convenience stores in the above-noted
markets; that the Company expects that the E.A. Berg team focus on
the Alkaline88® brand will lead to substantial on-shelf presence
and market share gains within this new channel; that the Company
expects that this partnership to benefit its product line in a
number of ways, including enhanced distribution to a new market
with more than 13,000 convenience stores under coverage and
increased marketing support; that the new agreement with E.A. Berg
will allow the Company to provide Alkaline88® to customers who rely
primarily on the convenience store channel; and that the Company is
very excited about the benefits that this will yield for
Alkaline88®
The material assumptions supporting these forward-looking
statements include, among others, that the demand for the Company's
products will continue to significantly grow; that the past
production capacity of the Company’s co-packing facilities can be
maintained or increased; that the Company will receive all
necessary regulatory approvals for the production and sale of
CBD/hemp-infused water that there will be increased production
capacity through implementation of new production facilities, new
co-packers and new technology; that there will be an increase in
number of products available for sale to retailers and consumers;
that there will be an expansion in geographical areas by national
retailers carrying the Company’s products; that there will be an
expansion into new national and regional grocery retailers; that
there will not be interruptions on production of the Company’s
products; that there will not be a recall of products due to
unintended contamination or other adverse events relating to the
Company’s products; and that the Company will be able to obtain
additional capital to meet the Company's growing demand and satisfy
the capital expenditure requirements needed to increase production
and support sales activity. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. Such factors include, among others, governmental
regulations being implemented regarding the production and sale of
alkaline water or any other products, including products containing
CBD/hemp; the fact that consumers may not embrace and purchase any
of the Company’s infused water products; the fact that the Company
may not receive approval for any of its CBD infused products; the
fact that even though the Farm Bill was passed into law, the
Company may not receive approval from state and local regulatory
bodies or the FDA for its CBD/hemp-infused products; additional
competitors selling alkaline water and enhanced water products in
bulk containers reducing the Company’s sales; the fact that the
Company does not own or operate any of its production facilities
and that co-packers may not renew current agreements and/or not
satisfy increased production quotas; that fact that the Company has
a limited number of suppliers of its unique bulk bottles; the
potential for supply chain interruption due to factors beyond the
Company’s control; the fact that there may be a recall of products
due to unintended contamination; the inherent uncertainties
associated with operating as an early stage company; changes in
customer demand and the fact consumers may not embrace enhanced
water products as expected or at all; the extent to which the
Company is successful in gaining new long-term relationships with
new retailers and retaining existing relationships with retailers;
the Company’s ability to raise the additional funding that it will
need to continue to pursue its business, planned capital expansion
and sales activity; competition in the industry in which the
Company operates and market conditions. These forward-looking
statements are made as of the date of this news release, and the
Company assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements,
except as required by applicable law, including the securities laws
of the United States and Canada. Although the Company believes that
any beliefs, plans, expectations and intentions contained in this
news release are reasonable, there can be no assurance that any
such beliefs, plans, expectations or intentions will prove to be
accurate. Readers should consult all of the information set forth
herein and should also refer to the risk factors disclosure
outlined in the reports and other documents the Company files with
the SEC, available at www.sec.gov, and on the SEDAR, available
at www.sedar.com.
The Alkaline Water Company Inc.
Richard A. Wright President and CEO 480-656-2423
investors@thealkalinewaterco.com
Media
Elizabeth Van EveryBurson Cohn &
Wolfe212-614-3881Elizabeth.vanevery@bcw-global.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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