Bravo! Foods Signs Licensing Agreements with Masterfoods USA for Canada and Mexico
18 Mai 2006 - 3:30PM
PR Newswire (US)
NORTH PALM BEACH, Fla., May 18 /PRNewswire-FirstCall/ -- Bravo!
Foods International Corp. (OTC:BRVO) (BULLETIN BOARD: BRVO) , a
brand development and marketing company that manufactures, promotes
and distributes vitamin- fortified, flavored milk drinks and other
beverages, announced today that it had signed two new seven year
licensing agreements for Canada and Mexico with Masterfoods USA, a
division of Mars Incorporated. The licensing agreement for Canada
covers producing single servings of MARS(R) Slammers(R) Chocolate
Milk, STARBURST(R) Slammers(R) Fruit & Creme Smoothies and 3
MUSKETEERS(R) Slammers(R) Chocolate Milk. In Mexico the licensing
agreement is for single serve MILKY WAY(R) Slammers(R) Chocolate
Milk and 3 MUSKETEERS(R) Slammers(R) Chocolate Milk. These two new
licensing agreements are for seven years and are effective
immediately. They cover most trade channels including grocery, food
service, Club Stores as well as high schools, colleges and
universities, vending machines, amusement parks and movie theaters.
Roy Warren, Bravo! Foods International's Chief Executive Officer,
commented, "We are extremely pleased to add these new license
agreements to our existing relationship with Masterfoods USA, a
premier company in the food industry, and working closely with
their local offices in Canada and Mexico. We are excited about the
ability to use the license marks of the Masterfoods brand on our
flavored milk drinks outside the US." Mr. Warren added, "Canada and
Mexico are important markets for Bravo! and the brand recognition
of the Masterfoods products will help pave the way as we enter
these new markets." Michele Brown, Director of Licensing of
Masterfoods, said, "Bravo! Foods has been a good partner for
Masterfoods USA and we are excited about the opportunity to license
our popular brands to Bravo! Foods for the Canadian and Mexican
markets." About the Company Bravo! Foods International Corp.
develops, brands, markets, distributes and sells nutritious,
flavored milk products throughout the 50 United States, Great
Britain and various Middle Eastern countries. Bravo!'s products are
available in the United States and internationally through
production agreements with regional aseptic milk processors and are
currently sold under the brand names Slammers(R) and Bravo!(TM).
Bravo!'s Slammers(R) products are available nationwide in popular
chains such as: 7-Eleven, A&P, Dutch Farms, Giant Food Stores,
Jewel, Kings, Pathmark, Safeway, Sam's Club, Shaw's, ShopRite,
Speedway, SuperTarget, Unified, Waldbaums and Walgreens. Many of
Bravo! Foods' Slammers(R) lines of shelf-stable, single-serve milk
drinks are co-branded through exclusive partnerships with
Masterfoods, a division of Mars Incorporated, and MD Enterprises
(Moon Pie(R)), providing superior name recognition packaged with
quality, great-tasting drinks. On November 1, 2005, Coca-Cola
Enterprises, Inc. began distribution of the Slammers(R) Masterfoods
line, as well as the Bravo!'s Slim Slammers(R) and Pro Slammers(TM)
products, under a Master Distribution Agreement with Bravo! For
more information, visit: http://www.bravobrands.com/ . About
Masterfoods USA Masterfoods USA, the United States food, snack and
petcare operations of Mars, Incorporated, is one of the world's
leading food manufacturers. With more than $5 billion in annual
sales, the combined food, snack and petcare segments are a symbol
of excellence for quality brands. Headquartered in Hackettstown,
NJ, Masterfoods USA employs more than 7,000 associates in the
United States, with 15 manufacturing facilities nationwide. The
company owns some of the world's favorite brands including
M&M'S(R) Brand, SNICKERS(R) Brand, UNCLE BEN'S(R) Brand,
PEDIGREE(R) Brand Food For Dogs, WHISKAS(R) Brand Food For Cats.
Forward Looking Statements Safe Harbor under the Private Securities
Litigation Reform Act of 1995: The statements which are not
historical facts contained in this press release are
forward-looking statements that involve certain risks and
uncertainties including but not limited to risks associated with
the uncertainty of future financial results, regulatory approval
processes, the impact of competitive products or pricing,
technological changes, the effect of economic conditions and other
uncertainties as may be detailed in the Company's filings with the
Securities and Exchange Commission. DATASOURCE: Bravo! Foods
International Corp. CONTACT: Investors, Kathleen Heaney, Integrated
Corporate Relations, +1-203-803-3585, for Bravo! Foods; or Jeffrey
J. Kaplan, Chief Financial Officer, Bravo! Foods, +1-561-625 1411
Web site: http://www.bravobrands.com/
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