Apple Rush Co., Inc. Licenses New West Coast Distributor for California and Hawaii
10 Septembre 2009 - 7:26PM
PR Newswire (US)
DOLTON, Ill., Sept. 10 /PRNewswire-FirstCall/ -- Apple Rush Co.,
Inc. (Pink Sheets: APRU), is pleased to announce that the Company
has signed an agreement to license its brand Apple Rush(TM) to a
newly formed company, Apple Rush Maui, LLC. This agreement gives
Apple Rush Maui, LLC the exclusive rights to sell and produce Apple
Rush(TM) within the states of California & Hawaii. As part of
the Licensing Agreement, Apple Rush Maui, LLC has made an equity
investment of $100,000 in Apple Rush to obtain its rights. These
rights give Apple Rush Maui, LLC a minority position in Apple Rush
and the 'Right of First Refusal' to add other neighboring states,
as well as possible Japanese exporting rights. Apple Rush Maui, LLC
will be distributing all six current flavors of the Apple Rush
bottle line. As well, Apple Rush's three top selling flavors of its
Organic Sparkling 100% Juice products, Original Apple, Pomegranate
and Cranberry, are scheduled for production in cans in early
October, and these will also be distributed by Apple Rush Maui in
the same territory and under the same provisions as noted above.
Apple Rush Maui, LLC will eventually take over production of all
cans and bottle on the west coast and pay a royalty fee to Apple
Rush, according to the terms of the Agreement. "We are very excited
about signing this Licensing Agreement with Apple Rush Maui, LLC.
We believe that licensing this West Coast territory to them will
greatly enhance our growth plans for nationwide distribution of our
organic, lightly carbonated beverages," stated Robert Corr,
President of Apple Rush Co., Inc. About Apple Rush Co., Inc.: Apple
Rush Company, Inc. is a producer of Organic 100% Juice Sparkling
Beverages. The company markets its products through an extensive
distribution network nearly 40 Distributors throughout the U.S. and
in foreign markets. The Company's flagship product line of Organic
Apple Rush(TM) Sparkling Beverages currently has six mainstream
flavors in glass bottles. Three top selling flavors will also be
available in cans in October 2009. Ongoing information is available
at http://www.applerush.com/. Safe Harbor: The Company relies upon
the Safe Harbor Laws of 1933, 1934 and 1995 for all public news
releases. Statements, which are not historical facts, are
forward-looking statements. The company, through its management,
makes forward-looking public statements concerning its expected
future operations, performance and other developments. Such
forward-looking statements are necessarily estimates reflecting the
company's best judgment based upon current information and involve
a number of risks and uncertainties, and there can be no assurance
that other factors will not affect the accuracy of such
forward-looking statements. It is impossible to identify all such
factors. Factors which could cause actual results to differ
materially from those estimated by the company include, but are not
limited to, government regulation; managing and maintaining growth;
the effect of adverse publicity; litigation; competition; and other
factors which may be identified from time to time in the company's
public announcements. DATASOURCE: Apple Rush Co., Inc. CONTACT:
Investor Relations of Apple Rush Co., Inc., +1-407-389-5900 Web
Site: http://www.applerush.com/
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