The Alkaline Water Company Inc. (NASDAQ and CSE: WTER)
(the “Company”), is a producer of premium bottled alkaline water,
flavor-infused waters, and CBD infused products sold under the
brand names Alkaline88®, A88 Infused™, and A88CBD™, respectively.
Today, the Company announced that Dot Foods Inc. (“Dot Foods”), the
largest food redistribution company in the U.S., will offer the
entire line of Alkaline88®, A88 Infused™, and aluminum bottles to
its 4,300 customers nationwide by September 21, 2020.
“Adding the largest foodservice redistributor,
Dot Foods, to our growing list of channel partners is another
milestone for the Company. Every year, Dot Foods sells millions of
cases of beverages to its customers. This relationship will give us
an entry into the hospitality industry, which we view as a
significant opportunity for our growing lifestyle brands. There are
over 600,000 restaurants and foodservice establishments that will
now have access to our full line of products,” stated Richard
Wright, President and CEO of The Alkaline Water Company Inc.
“The U.S foodservice industry is nearly equal in
size to food retailing and accounted for over $969.4 billion in
sales in 2019. Our lifestyle brand extension into flavors and
aluminum bottles is one of the major reasons Dot Foods viewed
Alkaline88® as an important brand to add to its portfolio of
products. We believe that Alkaline88®, A88 infused flavors, and
aluminum bottles will have tremendous success in the foodservice
arena. Dot Foods sales should significantly contribute to our
growth this fiscal year. This should also help us open up
opportunities into other hospitality channels, including hotels,
airports, U.S. park systems, colleges, golf courses, concert
venues, etc. We want to thank Dot Foods for giving us this
opportunity and look forward to a long and mutually beneficial
relationship.”
About DOT Foods
Dot Foods is the largest food industry
redistributor in North America, with over $8.2 billion in sales for
2019. It is listed as #68 on the Largest Privately-Owned
Companies list by Forbes. Dot Foods has 12 distribution
centers across the U.S., operations in Canada, and a joint-venture
in Mexico and total warehouse space of over 3.7 million square
feet. Dot Foods serves all 50 states and more than 35 countries
around the world. For more information on Dot Foods visit
www.dotfoods.com.
About The Alkaline Water Company
Founded in 2012, The Alkaline Water Company
(NASDAQ and CSE: WTER) is headquartered in Scottsdale, Arizona. Its
flagship product, Alkaline88®, is a leading premier alkaline water
brand available in bulk and single-serve sizes along with
eco-friendly aluminum packaging options. With its innovative,
state-of-the-art proprietary electrolysis process, Alkaline88®
delivers perfect 8.8 pH balanced alkaline drinking water with trace
minerals and electrolytes and boasts our trademarked label ‘Clean
Beverage.’ Quickly being recognized as a growing lifestyle brand,
Alkaline88® launched A88 Infused™ in 2019 to meet consumer demand
for flavor-infused products. A88 Infused™ flavored water is
available in six unique all-natural flavors, with new flavors
coming soon. Additionally, in 2020, the Company launched A88
Infused Beverage Division Inc., which includes the Company’s CBD
water and flavor-infused water. For the Company’s topical and
ingestible offerings, A88 Infused Products Inc. includes both the
Company’s lab-tested full-spectrum hemp salves, balms, lotions,
essential oils, and bath salts, along with broad-spectrum hemp
beverage shots, powder packs, oil tinctures, capsules, and
gummies.
To purchase A88CBD™ products online, visit us at
www.A88CBD.com. To learn more about The Alkaline Water Company,
please visit www.thealkalinewaterco.com or connect with us on
Facebook, Twitter, Instagram, or LinkedIn.
Notice Regarding Forward-Looking Statements
This news release contains “forward-looking
statements.” Statements in this news release that are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements include,
among other things, the following: that Dot Foods will offer the
entire line of Alkaline88®, A88 Infused™, and aluminum bottles to
its 4,300 customers nationwide by September 21, 2020; that the
relationship with Dot Foods will give the Company entry into the
hospitality industry; that over 600,000 restaurants and foodservice
establishments will have access to the Company’s full line of
products; that Alkaline88®, A88 infused flavors, and aluminum
bottles will have tremendous success in the foodservice arena; that
Dot Foods sales should significantly contribute to our growth this
fiscal year and; that the relationship with Dot Foods will help the
Company open up opportunities into other hospitality channels,
including hotels, airports, U.S. park systems, colleges, golf
courses, concert venues, etc.
The material assumptions supporting these
forward-looking statements include, among others, that the demand
for the Company’s products will continue to significantly grow;
that the past production capacity of the Company’s co-packing
facilities can be maintained or increased; that there will be
increased production capacity through implementation of new
production facilities, new co-packers and new technology; that
there will be an increase in number of products available for sale
to retailers and consumers; that there will be an expansion in
geographical areas by national retailers carrying the Company’s
products; that there will be an expansion into new national and
regional grocery retailers; that there will be an expansion into
new e-commerce, home delivery, convenience, and healthy food
channels; that there will not be interruptions on production of the
Company’s products; that there will not be a recall of products due
to unintended contamination or other adverse events relating to the
Company’s products; and that the Company will be able to obtain
additional capital to meet the Company’s growing demand and satisfy
the capital expenditure requirements needed to increase production
and support sales activity. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. Such factors include, among others, governmental
regulations being implemented regarding the production and sale of
alkaline water or any other products, including products containing
hemp/CBD; the fact that consumers may not embrace and purchase any
of the Company’s CBD-infused products; the fact that the Company
may not be permitted by the FDA or other regulatory authority to
market or sell any of its CBD-infused products; additional
competitors selling alkaline water and enhanced water products in
bulk containers reducing the Company’s sales; the fact that the
Company does not own or operate any of its production facilities
and that co-packers may not renew current agreements and/or not
satisfy increased production quotas; the fact that the Company has
a limited number of suppliers of its unique bulk bottles; the
potential for supply-chain interruption due to factors beyond the
Company’s control; the fact that there may be a recall of products
due to unintended contamination; the inherent uncertainties
associated with operating as an early stage company; changes in
customer demand and the fact that consumers may not embrace
enhanced water products as expected or at all; the extent to which
the Company is successful in gaining new long-term relationships
with new retailers and retaining existing relationships with
retailers; the Company’s ability to raise the additional funding
that it will need to continue to pursue its business, planned
capital expansion and sales activity; and competition in the
industry in which the Company operates and market conditions. These
forward-looking statements are made as of the date of this news
release, and the Company assumes no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements, except as required by applicable law, including the
securities laws of the United States and Canada. Although the
Company believes that any beliefs, plans, expectations and
intentions contained in this news release are reasonable, there can
be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Readers should consult all of
the information set forth herein and should also refer to the risk
factors disclosure outlined in the reports and other documents the
Company files with the SEC, available at www.sec.gov, and on the
SEDAR, available at www.sedar.com.
The Alkaline Water Company Inc.
Richard A. Wright President and CEO, or
Sajid DaudiDirector of Investor Relations & Corporate
Communications
800-923-1910investors@thealkalinewaterco.com
Media
Jessica Starman 888-461-2233jessica@elev8newmedia.com
The Alkaline Water (CSE:WTER)
過去 株価チャート
から 12 2024 まで 1 2025
The Alkaline Water (CSE:WTER)
過去 株価チャート
から 1 2024 まで 1 2025