Long Island Iced Tea Corp. Announces New Distribution in Puerto Rico through SuperMax
01 December 2016 - 1:00PM
Marketwired
Long Island Iced Tea Corp. Announces New Distribution in Puerto
Rico through SuperMax
Long Island Iced Tea(R) Available at 16 SuperMax Locations
Across Puerto Rico
HICKSVILLE, NY-(Marketwired - Dec 1, 2016) - Long Island Iced
Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company
focused on the ready-to-drink ("RTD") tea segment in the beverage
industry, today announced that it has secured placement of its
flagship brand Long Island Iced Tea in all 16 SuperMax locations
across Puerto Rico.
This new partnership with SuperMax is the result of the
Company's recently announced distribution agreement with Vaqueria
Tres Monjitas, one of the premier beverage distributors in Puerto
Rico.
Philip Thomas, Chief Executive Officer of the Company, stated,
"We are very excited to further enhance our brand and distribution
in Puerto Rico through this new partnership. SuperMax is a large
and well-known retailer in Puerto Rico, and we look forward to
providing their customers with our high-quality beverages at an
affordable price."
Long Island Iced Tea is a RTD tea that will be available in
SuperMax in 20 ounce bottles.
About SuperMax
SuperMax is a supermarket chain with 16 locations across Puerto
Rico. The SuperMax experience is characterized by its wide variety
of products of the highest quality, combined with a standard
unsurpassed service and commitment. To learn more about SuperMax,
visit www.supermaxpr.com.
About Long Island Iced Tea Corp.
Headquartered in Long Island, New York, Long Island Iced Tea
Corp. operates in the ready-to-drink tea segment of the beverage
industry. The Company has developed non-alcoholic, premium iced tea
bottled beverages made with quality ingredients that are offered at
an affordable price. The Company is currently organized around its
flagship brand Long Island Iced Tea, a premium, ready-to-drink iced
tea sold primarily on the East Coast of the United States through a
network of regional chains and distributors. The Company's website
is www.longislandicedtea.com.
Forward Looking Statements
This press release includes statements of the Company's
expectations, intentions, plans and beliefs that constitute
"forward looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and are intended to come within the safe
harbor protection provided by those sections. These statements,
which involve risks and uncertainties, relate to the discussion of
the Company's business strategies and its expectations concerning
future operations, margins, sales, new products and brands,
potential joint ventures, potential acquisitions, expenses,
profitability, liquidity and capital resources and to analyses and
other information that are based on forecasts of future results and
estimates of amounts not yet determinable. These statements include
any statement that does not directly relate to a historical or
current fact. You can also identify these and other forward-looking
statements by the use of such words as "may," "will," "should,"
"expects," "intends," "plans," "anticipates," "believes," "thinks,"
"estimates," "seeks," "predicts," "could," "projects," "potential"
and other similar terms and phrases, including references to
assumptions. These forward looking statements are made based on
expectations and beliefs concerning future events affecting the
Company and are subject to uncertainties, risks and factors
relating to its operations and business environments, all of which
are difficult to predict and many of which are beyond its control,
that could cause its actual results to differ materially from those
matters expressed or implied by these forward looking statements.
These risks include its history of losses and expectation of
further losses, its ability to expand its operations in both new
and existing markets, its ability to develop or acquire new brands,
its relationships with distributors, the success of its marketing
activities, the effect of competition in its industry and economic
and political conditions generally, including the current economic
environment and markets. More information about these and other
factors are described in the reports the Company files with the
Securities and Exchange Commission, including but not limited to
the discussions contained under the caption "Risk Factors." When
considering these forward looking statements, you should keep in
mind the cautionary statements in this press release and the
reports the Company files with the Securities and Exchange
Commission. New risks and uncertainties arise from time to time,
and the Company cannot predict those events or how they may affect
it. The Company assumes no obligation to update any forward looking
statements after the date of this press release as a result of new
information, future events or developments, except as required by
the federal securities laws.
Contact Information
Contacts: For Investors Phil Thomas Long Island Iced Tea Corp.
1-855-542-2832 info@longislandteas.com