XingTea and Búcha Live Kombucha are now distributed within the fast growing chain, expanding their "better-for-you" offerings
XingTea, the number one-ranked tasting tea in North America, now expanding to all 144 outlets with 9 consumer preferred flavors
DENVER, CO / ACCESSWIRE / October 26, 2016 / New Age Beverages Corporation (OTC: NBEV), the Colorado-based owner of the XingTea®, XingEnergy®, Aspen Pure®, and the Búcha® Live Kombucha brands, today announced that it has agreed to expand its distribution of XingTea® with Natural Grocers/Vitamin Cottage in their 19 state market area across Arizona, Arkansas, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Montana, Nevada, New Mexico, Nebraska, North Dakota, Oklahoma, Oregon, Texas, Utah, Washington and Wyoming. The chain-wide expansion represents a major win for XingTea® while consumers begin to discover the brand as it expands beyond its Colorado origins.
The new distribution with Natural Grocers/Vitamin Cottage includes 9 of XingTea's leading flavors: Mango, Peach, Pomegranate, Blueberry, Green Tea with Ginseng, Half and Half, Lemon, Just Plain Tea, and Raspberry. XingTea is a perfect fit for Natural Grocers as a "better-for-you" option for consumers because XingTea is all-natural, has no GMO's, no HFCS, and no preservatives. XingTea also won first place in the North American Tea Competition, so it is not just a healthier alternative, it is actually a preferred product by consumers.
Natural Grocers also recently began distribution of the Búcha® Live Kombucha brand. Búcha® is one of the fastest growing brands in the rapidly expanding Kombucha category and the only one with 9 months of shelf life. Búcha® was originally distributed throughout the West, but has been rapidly expanding distribution nationally. Since the combination with New Age at the end of the second quarter, the group has been increasing retail penetration utilizing the Company's extensive DSD network.
Tom LeBon, President of New Age Beverages North American Division commented, "Natural Grocers/Vitamin Cottage is a fast-growing chain in the grocery industry and an outstanding retailer. We are very pleased to be part of their offerings and feel our healthier brands are a perfect fit for Natural Grocers. All of our brands have strength in the West where we started, but this expansion deeper into the 19 states where they operate will further our purpose to provide healthier and better-for-you alternatives to all consumers."
About New Age Beverages Corporation
New Age Beverages Corporation is a Colorado-based, healthy functional beverage company originally founded in 2003 and re-created via the combination of XingTea®, Aspen Pure® Artesian Water, Búcha® Live Kombucha, and New Age Beverages in June 2016. The Company trades under the newly issued symbol NBEV on the OTC exchange. The Company competes in the fast growing healthy functional beverage segments including Ready to Drink (RTD) Tea, Kombucha, Energy Drinks and Functional Waters with the Brands XingTea®, Búcha® Live Kombucha, XingEnergy®, and Aspen Pure®. The brands are sold in 46 states within the US and in more than 10 countries internationally across all channels via direct and store door distribution systems. The company operates the websites www.mybucha.com, www.xingtea.com and www.aspenpure.com.
Safe Harbor Disclosure
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of the Company including statements regarding New Age Beverage's expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. New Age Beverages competes in a rapidly growing and transforming industry, and other factors disclosed in the Company's filings with the Securities and Exchange Commission might affect the Company's operations. Unless required by applicable law, New Age Beverages undertakes no obligation to update or revise any forward-looking statements.
For investor inquiries about New Age Beverages Corporation please contact:
Amato and Partners
Investor Relations Counsel
SOURCE: New Age Beverages Corporation