SCOTTSDALE, Ariz., Oct. 01, 2020 (GLOBE NEWSWIRE) — The Alkaline Water Firm Inc. (NASDAQ and CSE: WTER) (the “Firm”), is a producer of premium bottled alkaline water, flavor-infused waters, and CBD infused merchandise bought beneath the model names Alkaline88®, A88 Infused™, and A88CBD™, respectively. Right this moment, the Firm introduced that its A88 Infused™ flavors shall be a featured product supplied by DOT Meals within the all-natural and specialty drinks class.
“Our partnership with DOT Meals is off to a robust begin. The distributor will provide our A88 Infused flavors model as a featured merchandise of their all-natural flavored water product class,” said Ricky Wright, President and CEO of The Alkaline Water Firm. “This can give entry to over 600,000 eating places and foodservice institutions throughout all 50 states. The hospitality sector supplies us a novel and big alternative that far exceeds our present served market. Along with focusing on the universe of outlets served by DOT Meals, we anticipate to penetrate this house in a disciplined and calculated method and initially will goal Golf Foodservices, Quick Casuals, and Merchandising and Micro Markets. Regardless of our aggressive efforts, the hospitality house restoration would be the major progress driver for this class. We consider that our all-natural single-serve choices, together with our eco-friendly aluminum bottles, A88 Infused flavors, and the newly launched A88CBD infused flavored water, will do exceptionally effectively on this section. Healthful residing continues to stay a dominant development within the markets we serve, and our life-style manufacturers are well-positioned with a robust associate community to drive robust progress in current and new channels.”
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The Alkaline Water Firm®: A88 Infused™ Flavored Waters
Within the Hospitality and Foodservice house, the Firm has recognized three key markets that current a compelling progress alternative. These segments are:
- Golf Foodservice – Roughly 15,500 golf programs and 4,400 non-public golf equipment make up the U.S. Golf market.
- Quick-Casuals – Together with the overarching quick-service restaurant trade generated roughly $246.7 billion in meals and beverage gross sales in 2019.
- Merchandising & Micro Markets – Quick-growing section within the publish COVID period, with greater than 2 million machines put in within the U.S.
The Firm expects its line of single-serve A88 waters, together with flavors, aluminum, and A88CBD merchandise, to drive robust curiosity within the above classes.
About DOT Meals
Dot Meals is the most important meals trade redistributor in North America, with over $8.2 billion in gross sales for 2019. It’s listed as #68 on the Largest Privately-Owned Firms listing by Forbes. Dot Meals has 12 distribution facilities throughout the U.S., operations in Canada, and a joint-venture in Mexico and a complete warehouse house of over 3.7 million sq. ft. Dot Meals serves all 50 states and greater than 35 international locations world wide. For extra info on Dot Meals, go to www.dotfoods.com.
The Alkaline Water Firm
Based in 2012, The Alkaline Water Firm (NASDAQ and CSE: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a number one premier alkaline water model accessible in bulk and single-serve sizes together with eco-friendly aluminum packaging choices. With its modern, state-of-the-art proprietary electrolysis course of, Alkaline88® delivers good 8.Eight pH balanced alkaline consuming water with hint minerals and electrolytes and boasts our trademarked label ‘Clear Beverage.’ Rapidly being acknowledged as a rising life-style model, Alkaline88® launched A88 Infused™ in 2019 to satisfy client demand for flavor-infused merchandise. A88 Infused™ flavored water is on the market in six distinctive all-natural flavors, with new flavors coming quickly. Moreover, in 2020, the Firm launched A88 Infused Beverage Division Inc., which incorporates the Firm’s CBD water and flavor-infused water. For the Firm’s topical and ingestible choices, A88 Infused Merchandise Inc. contains each the Firm’s lab-tested full-spectrum hemp salves, balms, lotions, important oils, and tub salts, together with broad-spectrum hemp, powder packs, oil tinctures, capsules, and gummies.
To buy A88CBD™ merchandise on-line, go to us at www.a88cbd.com. To be taught extra about The Alkaline Water Firm, please go to www.thealkalinewaterco.com or join with us on Fb, Twitter, Instagram, or LinkedIn.
Discover Concerning Ahead-Trying Statements
This information launch incorporates “forward-looking statements.” Statements on this information launch that aren’t purely historic are forward-looking statements and embody any statements concerning beliefs, plans, expectations or intentions concerning the longer term. Such forward-looking statements embody, amongst different issues, the next: that the Firm’s partnership with DOT Meals will give entry to over 600,000 eating places and foodservice institutions throughout all 50 states; that the hospitality sector supplies the Firm a novel and big alternative that far exceeds the Firm’s present served market; that the Firm expects to penetrate the hospitality house in a disciplined and calculated method and initially will goal Golf Foodservices, Quick Casuals, and Merchandising and Micro Markets; that the hospitality house restoration would be the major progress driver for this class; that the Firm believes that its all-natural single-serve choices, together with its eco-friendly aluminum bottles, A88 Infused flavors, and the newly launched A88CBD infused flavored water, will do exceptionally effectively within the hospitality sector; that the Firm’s life-style manufacturers are well-positioned with a robust associate community to drive robust progress in current and new channels; that three key markets of golf foodservice, fast-casuals and merchandising & micro markets current a compelling progress alternative; and that the Firm expects its line of single-serve A88 waters, together with flavors, aluminum, and A88CBD merchandise, to drive robust curiosity in three key markets of golf foodservice, fast-casuals and merchandising & micro markets.
The fabric assumptions supporting these forward-looking statements embody, amongst others, that the demand for the Firm’s merchandise will proceed to considerably develop; that the previous manufacturing capability of the Firm’s co-packing amenities will be maintained or elevated; that there shall be elevated manufacturing capability by implementation of latest manufacturing amenities, new co-packers and new expertise; that there shall be a rise in variety of merchandise accessible on the market to retailers and customers; that there shall be an enlargement in geographical areas by nationwide retailers carrying the Firm’s merchandise; that there shall be an enlargement into new nationwide and regional grocery retailers; that there shall be an enlargement into new e-commerce, dwelling supply, comfort, and wholesome meals channels; that there won’t be interruptions on manufacturing of the Firm’s merchandise; that there won’t be a recall of merchandise on account of unintended contamination or different adversarial occasions referring to the Firm’s merchandise; and that the Firm will be capable of acquire extra capital to satisfy the Firm’s rising demand and fulfill the capital expenditure necessities wanted to extend manufacturing and help gross sales exercise. Precise outcomes may differ from these projected in any forward-looking statements on account of quite a few elements. Such elements embody, amongst others, governmental rules being carried out concerning the manufacturing and sale of alkaline water or another merchandise, together with merchandise containing hemp/CBD; the truth that customers might not embrace and buy any of the Firm’s CBD-infused merchandise; the truth that the Firm is probably not permitted by the FDA or different regulatory authority to market or promote any of its CBD-infused merchandise; extra rivals promoting alkaline water and enhanced water merchandise in bulk containers lowering the Firm’s gross sales; the truth that the Firm doesn’t personal or function any of its manufacturing amenities and that co-packers might not renew present agreements and/or not fulfill elevated manufacturing quotas; the truth that the Firm has a restricted variety of suppliers of its distinctive bulk bottles; the potential for supply-chain interruption on account of elements past the Firm’s management; the truth that there could also be a recall of merchandise on account of unintended contamination; the inherent uncertainties related to working as an early stage firm; modifications in buyer demand and the truth that customers might not embrace enhanced water merchandise as anticipated or in any respect; the extent to which the Firm is profitable in gaining new long-term relationships with new retailers and retaining current relationships with retailers; the Firm’s skill to lift the extra funding that it might want to proceed to pursue its enterprise, deliberate capital enlargement and gross sales exercise; and competitors within the trade by which the Firm operates and market circumstances. These forward-looking statements are made as of the date of this information launch, and the Firm assumes no obligation to replace the forward-looking statements, or to replace the the reason why precise outcomes may differ from these projected within the forward-looking statements, besides as required by relevant regulation, together with the securities legal guidelines of the US and Canada. Though the Firm believes that any beliefs, plans, expectations and intentions contained on this information launch are affordable, there will be no assurance that any such beliefs, plans, expectations or intentions will show to be correct. Readers ought to seek the advice of all the info set forth herein and also needs to check with the danger elements disclosure outlined within the stories and different paperwork the Firm recordsdata with the SEC, accessible at www.sec.gov, and on the SEDAR, accessible at www.sedar.com.
The Alkaline Water Firm Inc.
Richard A. Wright
President and CEO, or
Director of Investor Relations & Company Communications