Hall of Fame Beverages Signs 'Blockbuster' Distribution Agreement
June 23 2010 - 9:00AM
Marketwired
Hall of Fame Beverages (PINKSHEETS: HFBG) is "thrilled" to announce
that The Company has completed final negotiations for distribution
with one of the most respected and accomplished national marketers
of alcoholic and non-alcoholic related products in North America.
The products to be placed in their distribution network include
Atomic Dogg Super Soda and Grandmama's Sweet Southern Tea (in both
the Traditional & Sugar Free format).
The agreement includes sales and marketing of all Hall of Fame
products in all 50 states and Canada. HFBG's new partner will be
receiving its initial installment of product from the production
run that is scheduled to take place the week of June 28th. The
follow up productions and shipments are currently being scheduled.
The amount of product required to support a network of this
magnitude will require multiple productions in multiple locations
nationally.
CEO Larry Twombly says, "This is a landmark deal that a beverage
company of any size would be extremely proud to secure. For Hall of
Fame Beverages to enter into an agreement of this magnitude is not
only explosive for the future growth and also the visibility of The
Company. This is an opportunity to catapult The Company, products
and revenues at a more accelerated rate than previously
anticipated. We will release the name of the company when the final
documents have been disseminated by all parties." Twombly added, "I
can say at this point that HFBG's new partner has a broad reach of
products to a multitude of national accounts such as, but not
limited to, BJ's Wholesale, ABC Liquor, Sam's Club, among many
others."
HFBG has taken on the expense of garnering Kosher Certification
for all of its brands in an effort to ensure that the products
reach a broader segment of the buying public.
The initial production of A.N.D. has been completed and shipped.
The Company is proud to say that movement of the product has not
only met expectations but exceeded expectations and a second and
larger production is already scheduled for the first week of July.
In addition we are in negotiations to secure the services of a
production facility on the West Coast to complement the production
facility we currently contract with on the East Coast.
Larry Twombly states, "There are an extremely limited number of
Organically Certified production facilities in the Country. It is a
huge statement about the future promise of the A.N.D. product line
for such an exclusive group of Co-packers to accommodate our very
specific special needs and production requirements."
As stated in a previous press release, the Shareholder's
Conference Call with the CEO will be announced to the public no
later than Friday, July 2, 2010. At that time the exact topics to
be discussed will be outlined in detail. Included in the upcoming
Press Release concerning the Conference Call will be details
addressing the Company's Buyback Share Program which was announced
in a previous statement to the shareholders.
About Hall of Fame Beverages
Hall of Fame Beverages, Inc. is a new lifestyle company
dedicated to building long-term success through the creation,
manufacture, distribution, and marketing of innovative
non-alcoholic beverages recognized for their fresh, standout brand
identities that rise above the plethora of average products. Hall
of Fame Beverages along with its strategic V-Group partners is a
team of visionary and seasoned beverage industry executives who
intend to leverage their expertise and their established resources
in beverage commerce to make Hall of Fame Beverages one of the
industry's big winners via its signature brand product line called
A.N.D. (Antioxidant Nutritional Drinks) as well as through multiple
innovations just on the horizon.
"Safe Harbor Statement"
Under The Private Securities Litigation Reform Act of 1995: The
statements in the press release that relate to the Company's
expectations with regard to the future impact on the Company's
results from new products in development are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The results anticipated by any or all of these
forward-looking statements may not occur. The Company undertakes no
obligation to publicly release the result of any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof, or to reflect the occurrence
of unanticipated events or changes in the Company's plans or
expectations.
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CONTACT Hall of Fame Beverages Inc.
http://www.halloffamebeverages.com/ Email Contact Investor
Relations 714-847-2460 ext 801
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