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 its first
product from the “A88 Infused Beverage Division” is now available
for commercial sale, creating a whole new category of Alkaline88®
alkaline water. The Company expects roll-outs of additional
products to continue over the next several weeks, that will include
sparkling flavored hemp infused alkaline water in a 12-oz sleeve
can, hemp infused flavored Alkaline88® original, and vitamin
infused Alkaline88® original. Management is showcasing the new A88
Infused Beverage Division product line at two important trade
shows: Convenience EPPS and the KeHE Summer show.
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Event: |
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Convenience EPPS |
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When: |
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February 4, 2019 -
February 7, 2019 |
|
Where: |
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Sheraton Grand Chicago
in Chicago, Illinois |
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|
|
|
|
Event: |
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KeHE Summer |
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When: |
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February 5, 2019 -
February 6, 2019 |
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Where: |
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Nashville Music City
Center in Nashville, Tennessee |
The Convenience EPPS trade show is scheduled for
February 4, 2019 through February 7, 2019, at the Sheraton Grand
Chicago in Chicago, Illinois. It is sponsored by ECRM, whose
mission is “to bring efficiencies to the buying and selling process
by optimizing product assortments and enhancing supplier and buyer
collaboration efforts through digital and in-person platforms.”
ECRM has more than 20 years of operating history helping connect
buyers and sellers globally.
The KeHE Summer show is scheduled for February
5, 2019 through February 6, 2019, at the Nashville Music City
Center in Nashville, Tennessee. Founded in 1953, KeHE Distributors
is one of the oldest specialty, fresh and natural and organic
wholesale foods distributors in the industry. KeHE’s focus is on
sourcing healthy and sustainable products for distribution to
retail grocers.
To prepare for the launch of the A88 Infused
Beverage Division, The Alkaline Water Company has expanded its
packaging capabilities and recently announced that Nevada-based
Western Group Packing (WGP) will begin producing the Company’s new
flavored Alkaline88® water products at its state-of-the art
150,000+ square feet facility. The Company has verbal commitments
from many of its current retailers for its flavored Alkaline88®
waters, which represent the industry’s first flavored bottled
alkaline water.
“We are thrilled to officially launch our new
A88 Infused Beverage products and make them available to retailers
and consumers. We are confident that people will love the new
flavors. Introducing the new product line at these events will
enable leading retailers in a variety of distribution channels to
sample these exciting new products first-hand,” noted Richard A.
Wright, President and CEO of The Alkaline Water Company Inc. “The
debut of our A88 Infused Beverage Division Inc., is just another
example of our commitment to delivering strong growth that we
expect will yield continued value for our shareholders.”
A photo accompanying this announcement is available
at: http://www.globenewswire.com/NewsRoom/AttachmentNg/bfdfa4ae-ba06-40d1-a3eb-18e4fdb94149
The Company fully intends to comply with all federal, state, and
local laws, rules and regulations as the Company develops its
hemp-infused alkaline water and other nutraceutical product lines.
The Company will not pursue the production or sale of hemp-infused
products until legally permitted and all necessary approvals have
been obtained.
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: that the Company expects
roll-outs of additional flavors to continue over the next several
weeks; that Nevada-based Western Group Packing (WGP) will begin
producing the Company’s flavored Alkaline88 water products at its
state-of-the art 150,000+ square feet facility; that the
Company is confident that people will love the new flavors; that
introducing the new product line at these events will enable
leading retailers in a variety of distribution channels to sample
these exciting new flavors first-hand; and that the debut of the
Company’s A88 Infused Beverage Division is just another example of
the Company’s commitment to delivering strong growth that the
Company expects will yield continued value for its
shareholders.
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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