XStream Beverage Network, Inc. Ships First Order of Chinese Rocket Fuel to Giant Food of Landover, Maryland.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla. -- XStream Beverage Network, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :XSBV), an emerging developer, marketer and distributor of innovative and new age beverages, today announced that Chinese Rocket Fuel and Lo-Carb Chinese Rock
Chinese Rock (中国摇滚, pinyin: Zhōngguó yáogǔn; also , Zhōngguó yáogǔn yīnyuè, lit. fuel, a 16 oz. energy drink, has been approved by Giant Food Stores. The Company said its first shipment of the energy drink, formulated with a blend of Chinese herbs, has been shipped to the Maryland-based grocery chain. Celebrating its 70th anniversary this year, Giant Food LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , operates 202 Giant and Super G supermarkets in Virginia, Maryland, New Jersey, Delaware, and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , and employs more than 27,000 associates. XStream said that the recently announced Lo-Carb Chinese Rocket Fuel will be shipped as soon as it is available. This order was facilitated through XStream's Beverage Network of Maryland. "Giant is one of the nation's leading supermarket chains," said XStream Beverage Network, Inc. Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Ted Farnsworth. "The acceptance of Chinese Rocket Fuel by such a well respected chain validates the product's feasibility to effectively compete in the burgeoning 16 oz. energy drink category. We are truly overwhelmed with the success of the product to date." Farnsworth said the recently launched energy drink, which is formulated with such Chinese herbs as Schizandra, Chinese Panax Ginseng Panax ginseng, n Asian ginseng. See ginseng and ginseng, Asian. , Rhodial Root, Eleuthra and Prickly Ash prickly ash, name for two deciduous shrubs or small trees (Zanthoxylum americanum and Z. clava-herculis) of the family Rutaceae (rue family). They are native to E North America and have prickly twigs and foliage similar to that of the unrelated ash tree. , has enjoyed early success in each market where it has been introduced. "Although we were confident that there was opportunity in the 16 oz. category, we were pleasantly surprised at the outstanding response to the product in the initial launch markets," said Farnsworth. "Our level of confidence continues to rise as we introduce the product to new markets with equal success and with leading chains like Giant recognizing the potential for Chinese Rocket Fuel, a proprietary product of XStream Beverage Group." Initially launched in the Pacific Northwest by Maletis Beverage, http://www.maletis.com and in South Florida by Thies Distribution http://www.thies.com, Chinese Rocket Fuel is experiencing excellent success in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. through the efforts of distributor New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Energy Drinks. According to Beverage Digest energy drinks are the fasted growing sector of the $93 billion domestic beverage industry with United States sales up 61 percent this year. The Company recently announced it will introduce a lo-carb version of Chinese Rocket Fuel. Lo-carb products represent anywhere from 25 to 35 percent of the rapidly increasing 16 oz. energy drink market. "We expect that other national supermarket chains will take notice that Giant will be handling the product," added Farnsworth. "This product is really taking off!" About XStream Beverage Network, Inc. XStream Beverage Network, Inc. is an emerging brand development and distribution company in the fast growing $21 billion 'new age' beverage industry. XStream develops, markets, sells and distributes innovative new age beverage natural sodas, fruit juices, and energy drinks. In addition, XStream also operates as a wholesale distributor of highly recognized third party new age beverage brands such as Fiji Water, Arizona and Welch's. This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include failure to complete successfully the development of new or enhanced products, the successful implementation of acquisition program, the Company's capital needs, the success of competitive products, fluctuations in costs, changes in consumer preferences and other items described in the Company's Securities and Exchange Commission filings. The Company undertakes no obligation to update any statements in this press release. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion