The Alkaline Water Company’s Alkaline88® Flavor Infused Waters now available Through National Food Distributors KeHE and U...
15 Août 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 its recently
launched flavor infused product line has expanded national
distribution with the addition of leading natural food distributors
KeHE and UNFI. The Company continues to aggressively expand its
product portfolio and as a result of the extremely successful
regional launches, has decided to distribute the flavor infused
products nationally.
“We are thrilled with the rapid success of our regionally
launched flavor infused waters. In addition to our recently
announced convenience store strategy, we are gaining national
traction in the natural food market with orders received from
leading natural food distributors KeHE and UNFI which service over
70,000 stores across the country,” stated Richard A. Wright,
President and CEO of The Alkaline Water Company Inc. “In addition
to UNFI and KeHE, our flavor infused water is now available through
individual retailers, including Vitamin Plus and Northgate
Gonzales. We expect to see demand for the flavor infused waters
continue to grow as we expand the product line into additional
classes of trade including convenience, drug, big-box, and club
stores,” concluded Mr. Wright.
Following a rigorous testing process to formulate an exceptional
tasting product, the Company launched Alkaline88® flavor infused
water in watermelon, lemon, raspberry, and blood orange. All
flavors are refreshing, with the taste profile of real fruit
infused water. Management expects to release additional flavored
waters including peach-mango and lemon-lime in the near future.
Photos of the flavor infused waters can be viewed
here: https://www.globenewswire.com/NewsRoom/AttachmentNg/938cbb10-f427-4dae-b93f-a898080f9afa
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 KeHE and UNFI will be
direct access for thousands of stores for the expanding Alkaline88®
portfolio of products; that the Company will distribute its flavor
infused products nationally; that the Company expects to see demand
for the flavor infused waters continue to grow as it expands the
product line into additional classes of trade including
convenience, drug, big-box, and club stores; and that management
expects to release additional flavored waters including peach-mango
and lemon-lime in the near future.
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 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 be an expansion into new e-commerce, home delivery,
convenience, and healthy food channels; 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; the fact that consumers may not embrace and purchase any
of the Company’s infused water 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; and 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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