The Alkaline Water Company Expands its Packaging Capabilities to Launch New Products
31 Janvier 2019 - 2:00PM
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
expanded an existing relationship with a key co-packaging partner
based in Nevada. Specifically, Western Group Packaging (WGP) will
begin producing the Company’s new flavored Alkaline88® water
products.
WGP boasts a state-of-the art facility, with over 150,000 square
feet of manufacturing space and modern leading-edge machinery.
Established in 2014 by an experienced management team whose members
have many years of operating experience, WGP has significant
expertise in the beverage industry.
This initiative fulfills several of the Company’s critical goals
to support its ongoing growth. It expands its co-packaging
capabilities so that The Alkaline Water Company can help retailer
partners meet growing customer demand for the Alkaline88® brand. It
also enables the Company to launch its new lemon, blood orange,
watermelon, coconut and raspberry flavored Alkaline88® waters.
“We are excited to bring these new products to market. We have
verbal commitments from many of our current retailers for our
flavored Alkaline88® waters,” commented Richard A. Wright,
President and CEO of The Alkaline Water Company Inc. “We are proud
to be the first flavored bottled alkaline water in the country. We
believe our all natural extracts and sugar free offerings will be a
big hit with consumers. Our commitment to creating only Clean
Beverages™ continues to drive our product development. We pioneered
the enhance bulk water category with our Alkaline88®
1-gallon and 3-liter sizes and believe our new flavored waters will
impact the enhanced water space in a similar fashion. This will be
one of the many products we will bring to our current grocery and
drugstore customers as well as convenience stores. This is
the first major initiative completed by our subsidiary A88 Infused
Beverage Division Inc. We expect to begin selling our new flavored
waters as soon as next week will be rolling out a number of other
products over the next 45 days,” concluded Mr. Wright.
A photo accompanying this announcement is available
at: http://www.globenewswire.com/NewsRoom/AttachmentNg/34ca9c6b-ac33-4fa4-8ab2-13e636885e96
About Western Group
Packaging
Western Group Packaging is an affiliate company of Unix
Packaging located in Montebello California. Unix Packaging, with
its six production lines, experienced a period of substantial
growth and its founders recognized the growing need and opportunity
in Nevada for a beverage manufacturing facility resulting in the
state of the art facility established by its affiliate – Western
Group Packaging. . To learn more about WGP, please click the
following link: http://www.wgpco.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 trace minerals and electrolytes. 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. The
Alkaline Water Company Inc. is currently in the midst of a national
mass-market expansion program, where the product is already
available for consumer sales at a growing number of major retail
locations 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: We believe our all-natural extracts and
sugar free offerings will be a big hit with consumers, we pioneered
the enhance bulk water category with our Alkaline88® 1-gallon and
3-liter sizes and believe our new flavored waters will impact the
enhanced water space in a similar fashion, this will be one of the
many products we will bring to our current grocery and drugstore
customers as well as convenience stores, we expect to begin selling
our new flavored waters as soon as next week will be rolling out a
number of other products over the next 45 days.
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, the US Drug Association 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.comNeither 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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