Edmonds, WA / ACCESSWIRE / September 11, 2014 / American Brewing Company, Inc., (ABRW) ("ABC"), an award-winning micro-brewing company based out of the Pacific Northwest, announced today that it has signed a new distributor—Nexus Global Trading Ltd—to its dealer network and that ABC has also recorded the first order of its new line of 12oz cans to its existing distribution partner, Freedom Beverage Company.
ABC will begin providing its new line of 12oz cans to North Carolina-based Freedom Beverage Company, as well as its 12oz cans and other product offerings to Nexus Global Trading Ltd's distribution network in Canada. Last quarter, ABC introduced 12oz cans to improve the company's margins and to open up new markets. The new 12oz cans carry higher margins than some of ABC's other products. Prospective ABC distribution partners had requested that the company move to this package to sell in their retail outlets, including additional supermarkets, beer and liquor stores, bars and restaurants.
"With the launch of ABC's new 12oz cans and the recent expansion of our brewery that boosted its efficiencies and total brewing capacity, we are now focused on aggressively expanding our product offerings and further building a network of first-rate distributors around the globe," said Neil Fallon, CEO of ABC. "Freedom Beverage works with premier craft brewers, like Ballast Point, and retail and on-premise businesses across North Carolina where the market for craft beer has reached $791 million according to the Brewers Association. Nexus Global, on the other hand, maintains a significant presence in Canada, where craft beers have grown over the past decade to capture a six percent share of the total beer market. Together, we look forward to working alongside Freedom Beverage and Nexus Global in distributing and marketing our products across these key territories."
About American Brewing Company
Founded in 2010, American Brewing Company, Inc., is an award-winning micro-brewing company based out of Edmonds, Washington. ABC's current offerings include Breakaway IPA (named 'Best in the West' by Beer West Magazine), American Blonde (featured in GQ Magazine), Flying Monkey Dogfight Pale Ale, and Caboose Oatmeal Stout. ABC also produces seasonal brew batches, two of which—The Brave American and Polska Porter—won Bronze Medals at the Great American Beer Festival in 2011 and 2012, respectively. ABC's current U.S. sales network includes Washington and North Carolina, with sales pending in Oregon, Nevada, New Jersey, Minnesota, Montana and Idaho as well. ABC also has international sales in Canada and Japan.
ABC practices the Northwest Style of Brewing, which utilizes generous amounts of hops. Only the freshest ingredients are used in ABC's brewing process, most of which are sourced from the Pacific Northwest. Ingredients are handpicked by the company's brewer and are blended in a 24-day process from milling to packaging. The almost month-long process provides ample time for the flavors and aromatics to blend properly. Quality checks are performed during each stage of the process to minimize taste variations between batches. ABC's current business plans include continuing to develop and sell its four main products, as well as expanding its product types, packaging and distribution to additional geographic regions in the United States. For more information, please visit: http://www.americanbrewing.com/.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. These statements include, without limitation, predictions and guidance relating to the company's future financial performance and the research, development and commercialization of its technologies. In some cases, you can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based on management's current expectations, but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements, as the result of such factors, risks and uncertainties as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, (3) other factors detailed in the company's public filings with the SEC, including, without limitation, those described in the Company's annual report on Form 10-K for the year ended June 30, 2013 as filed with the Securities and Exchange Commission and available at www.sec.gov, and (4) the parties may be unable to agree upon definitive agreements. You are urged to consider these factors carefully in evaluating the forward-looking statements.
Contacts
Corporate:
Neil Fallon, CEO
American Brewing Company
Tel: 253.241.4550
Email: [email protected]
Investor:
Kevin Fickle, President
Nuwa Group LLC
Tel: 925.330.8315
Email: [email protected]
SOURCE: American Brewing Company, Inc.