The Alkaline Water Company Expands Natural and Specialty Food Channel With C.A. Fortune
18 Juillet 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 consumer
products sales and marketing agency C.A. Fortune is assuming an
expanded role for the Company and will become its national broker
for the natural and specialty food trade in all territories.
The natural and specialty food channel presents significant
opportunities for the Company, particularly given The Alkaline
Water Company’s expanding product line. Within this channel, C.A.
Fortune has extensive relationships with retailers who rely on the
agency, reflecting its philosophy of delivering wholesome,
lifestyle-centric brands and its "best in class" reputation. C.A.
Fortune works with major retailers such as Sprouts, among others,
regional chains and mom-and-pop stores that would be difficult for
the Company to reach on its own.
“We are excited to expand our relationship with C.A. Fortune,
which has done a great job for us in the markets and channels where
we already work together. With its on-the-ground network of more
than 375 associated across the country, C.A. Fortune has a true
national reach,” said Richard A. Wright, President and CEO of The
Alkaline Water Company Inc. “There are thousands of natural and
specialty food retailers in this niche that still don’t carry
Alkaline88®. We expect this expanded partnership will lead to
increased product availability within this channel and provide a
meaningful boost to our sales,” concluded Mr. Wright.
C.A. Fortune is a leading full-service national consumer
products sales and marketing agency. It has more than 375
associates nationwide. C.A. Fortune was founded in 1983 and is
headquartered in Chicago, with regional offices in Cincinnati, New
York City metro, Dallas, San Francisco, Los Angeles, Denver and
Portland, Oregon. To learn more about C.A. Fortune, please visit
http://cafortune.com/.
C.A. Fortune’s national presence will be very important to both
the Alkaline88 and Soothe product lines, as the Company continues
to deepen its market penetration on the national level.
Strengthening its distribution within an important silo across the
country is consistent with the Company’s national expansion
strategy. C.A. Fortune has extensive reach and substantial market
know-how, due to its nearly 40 years of operating history.
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 across many parts of the United States. Learn more about
the science behind alkaline water by
visiting www.thealkalinewaterco.com.
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 natural and specialty
food channel presents significant opportunities for the Company;
and that the Company expects its expanded partnership with C.A.
Fortune will lead to increased product availability within the
natural and specialty food channel and that the partnership provide
a meaningful boost to the Company’s sales.
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 U.S. 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;
the 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 that 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. James Gilmore
Investor Relations 480-656-2423 james@alkaline88.com
Richard A. Wright President and CEO 480-656-2423
investors@thealkalinewaterco.com
Media Jessica Starman 888-461-2233
jessica@elev8newmedia.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.
The Alkaline Water (TSXV:WTER)
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