Access Beverage/Sports Pouch Joint Venture Targets Single-Serve Premium Wine Market

Access Beverage, Inc. (Pink Sheets:ABVI), along with its joint venture partner, Sports Pouch Beverage Co. (Pink Sheets:SPBV), announced today that their first product launch, featuring Sports Pouch's patent-pending, eco-friendly pouch technology with a tamper proof push-pull spout, will focus on the single-serve premium wine market. The new line is expected to be distributed through major retail, specialty, and club stores nationwide, as well as airports, airplanes, trains, and cruise ships. The exclusive distribution of developed beverage lines to concert and sporting venues is also planned.

�Changing consumer lifestyles are pushing retailers to carry more single-serve alcoholic beverages without sacrificing top-shelf quality or brand names,� said Access Beverage president, Ms. Diane Svehlak. �Replacing glass packaging with flexible, portable pouches helps retailers and wholesalers reduce their transportation costs and promote environmentally-friendly packaging. Our premium single-serve wine product using the Sports Pouch technology overcomes a long-standing hurdle affecting multiple industries where on- and off-premise consumption of alcohol in glass containers is prohibited. We expect this product line alone can contribute up to $2.5 million in US sales within our first year of production.�

Sports Pouch CEO, Mr. Gil Arvizu, added, �As both our companies have considerable retail and institutional access, I expect our branded line of single-serve wines will achieve significant distribution and sales. Our packaging technology is proprietary and exclusive to Access Beverage in the single-serve wine and spirits category. This is a major opportunity for us to create first-mover-advantage and gain substantial market penetration in this fast growing category.�

Future products planned through the partnership include: ready-to-drink single serve cocktails, multi-serve ready-to-drink pouch packages, juice and juice blends, health drinks, and water products.

Access Beverage, Inc.

Founded in 2003, Access Beverage, Inc. is a publicly traded Nevada corporation (ABVI.PK) with offices located at Xerox Center, 1851 E 1st St., Suite 900 Santa Ana, CA. 92705. Access Beverage Inc. engages in the manufacturing, marketing, and sale of branded and private labeled wine and spirits in the United States. Flagship brands include: Le Snoot�, Mardi Gras�, Bees Knees� wines, and Simply RAW Vodka�. Products are distributed nationally through wholesalers, alcoholic beverage control agencies, and a growing retail base, including supermarket chains, liquor stores, and restaurants. Access Beverage is geared for international market expansion with upcoming product launches planned for China, Canada, and Russia. For more information, please visit www.accessbeverage.com.

About Sports Pouch Beverage Company, Inc.

Sports Pouch Beverage Company, Inc. was established for the specific purpose of producing pull-push spout technology liquid pouch packaging as well as utilizing this technology for the development and production of new beverage brands. Sports Pouch Beverage has its corporate offices at 6 Gerona Drive, Rancho Mirage, CA 92270 and is the holder of the trademarked name "All American Sports Pouch" and has a "Process Pending Patent" for the Sports Pouch Beverage package with pull-push spout. For more information, please visit www.sportspouchinc.com.

All statements in this press release that are not historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may be identified by words such as "believe," "intend," "expect," "may," "could," "would," "will," "should," "plan," "project," "contemplate," "anticipate," or similar statements. Because these statements reflect Access Beverage current views concerning future events, these forward-looking statements are subject to risks and uncertainties. Access Beverage actual results could differ materially from those anticipated in these forward-looking statements as a result of many factors, including, but not limited to, demand for its products and services, its ability to compete effectively, its ability to increase revenue from its products and services. Access Beverage undertakes no obligation to update publicly any forward-looking statements contained in this press release.

Sports Pouch Beverage (CE) (USOTC:SPBV)
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から 10 2024 まで 11 2024