VANCOUVER, BC / ACCESSWIRE / December 17, 2020 / LeanLife Health Inc. (CSE:LLP)(FSE:LL1)(OTC PINK:LNLHF) (the "Company"), is pleased to announce that as a result of strong demand from retailers in the United States it is ordering several additional containers of Mike Tyson branded Iron Energy drink.
These products will be shipped from its partner FoodCare Group in Poland, which is the global manufacturer of Mike Tyson branded energy drinks.
These containers are in addition to the containers that have already shipped and are due to arrive by end of January in Arizona.
Stan Lis, CEO and Director of LeanLife, states: "This is a new product for North America. However, since Mike Tyson's last fight, the profile of this legendary boxer and the Iron Energy drink has grown even stronger. I anticipate being able to sell more than 100 containers of Iron Energy in 2021 based on initial demand."
About LeanLife Health and its Competitive Positioning in Energy Drinks
FoodCare, the supplier of Iron Drinks, is one of the leaders in Poland's energy drink market and has also grown Iron Energy into the leading brand in the Middle East. It believes the product will appeal to North American consumers as well.
The annual value of the combined US and Canadian energy drink markets is estimated at over US$14 billion. Red Bull is the market leader, followed by Monster and Bang. Red Bull is the market leader and pursues a premium price strategy; LeanLife aims to be aggressively positioned in this market category.
For more information, please contact:
Stan Lis, CEO
Forward Looking Information
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control including, the Company's ability to compete with large food companies; sales of any potential products developed will be profitable; the ability to complete sales under the sales agreement. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
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SOURCE: LeanLIfe Health Inc.