Clearly Canadian Signs Battery Licencing Agreement for North America.VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 20, 1998--Clearly Canadian Beverage Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CLCDF) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CLV (Constant Linear Velocity) Rotating a disk at varying speeds. By changing speed depending on which track is being accessed, the density of bits in each track can be made uniform. .) today announced the completion of a 10-year licencing agreement between its U.S. subsidiary and Finland-based Oy Sinebrychoff Ab, which provides Clearly Canadian This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. with the exclusive distribution and manufacturing rights to Sinebrychoff's energy beverage, Battery(TM), for the U.S. and Canada. "Test-market results for Battery in the Pacific Northwest have been extremely positive. Our distributors report that consumers are responding very positively to the taste and energy enhancement they receive from this dynamic new drink. With this exclusive agreement, Clearly Canadian has further diversified its brand portfolio and will be able to introduce Battery to consumers in key regional markets across the U.S. and Canada," said Douglas Mason, President and Chief Executive Officer of Clearly Canadian Beverage Corporation. Mason stated: "Battery represents the first time Clearly Canadian has entered into a brand licensing agreement. Based on Sinebrychoff's successes in Northern European countries, where Battery is one of the best selling energy drinks, we anticipate similar success in the emerging energy drink sector within the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. marketplace." During the first 30 days of the metropolitan Seattle test-market launch, Battery achieved listings in more than 700 accounts, which represents more than a 90 percent distribution in non-chain accounts in that region. Clearly Canadian has also reached distribution arrangements for Battery with major chain account listings in the metro Seattle market such as Hagens/Top Foods and Brown & Cole stores, as well as key convenience store listings at AM-PM/Texaco and StarMart/BP. Battery is a tangy, thirst-quenching energy enhancement beverage available in a 11.2 oz (330 ml) can featuring a distinctive black and gold battery-like design. Powered by caffeine, maltodextrin and guarana guarana /gua·ra·na/ (gwah-rah´nah) [Tupi-Guarani] the Brazilian woody vine Paullinia cupana, or a dried paste prepared from its seeds which is used as a stimulant and tonic in folk medicine and for the treatment of headache in - a berry grown in the Amazon - Battery is marketed as a refreshing drink that energizes by stimulating the nervous system and fueling the body. Clearly Canadian is a leading producer of premium alternative beverages, including Clearly Canadian(R) sparkling flavoured water, REfresher and Orbitz(TM), which are distributed extensively in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and numerous countries worldwide. Clearly Canadian also owns Cascade Clear Water Co., which produces a line of alternative beverages, including Cascade Clear Refresher, Mountain Spring Water, Premium Drinking Water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. and Distilled Water for retail sale in North America and the Pacific Rim, and operates a home/office commercial delivery business in the U.S. Pacific Northwest. Statements in this news release that are not historical are to be regarded as forward-looking statements which are subject to risks and uncertainties and that could cause actual results to differ materially. Such risks and uncertainties with respect to Clearly Canadian's business include general economic conditions, changing beverage consumption trends of consumers, pricing and availability of raw materials, and political and economic uncertainties, including currency fluctuation in the countries in which Clearly Canadian carries on business. CLEARLY CANADIAN BEVERAGE CORPORATION Douglas L. Mason, President and Chief Executive Officer CLEARLY CANADIAN BEVERAGE CORPORATION is the registered holder of the trademark CLEARLY CANADIAN(R). CLEARLY CANADIAN BEVERAGE CORPORATION, and its wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , manufacture, distribute and market CLEARLY CANADIAN(R), CLEARLY TEA(TM), CLEARLY 2(TM), CLEARLY CANADIAN QUENCHER quench tr.v. quenched, quench·ing, quench·es 1. To put out (a fire, for example); extinguish. 2. To suppress; squelch: (TM) and ORBITZ(TM) flavoured and unflavoured beverages. |
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