LOS ANGELES — Reed’s, Inc. (NYSE MKT: REED), maker of the top-selling sodas in natural food stores nationwide and the number two selling Kombucha line of fermented, probiotic organic teas, announced today that Ingles Markets, Inc. (NASDAQ: IMKTA) has authorized four flavors of Reed’s Culture Club Kombucha in 200+ of their supermarket locations throughout the markets of North and South Carolina, Georgia, Tennessee, Alabama and Virginia.
Chris Reed, Founder and CEO of Reed’s, Inc. stated, “The functional juice and tea category is starting to take hold in supermarkets across the U.S. Mainstream consumers are beginning to learn the importance of adding live, probiotic, organic and fermented kombucha to their diets. Our proprietary ‘Long Aged’ brewing process is simply producing the best-tasting kombuchas on the market today. As an established leader in the grocery business for 50 years, Ingles Markets recognizes the emerging strength of the functional juice and tea category, and with their authorization of our Reed’s Culture Club Kombucha, it further confirms our brand leadership and influence in this newly emerging category.”
About Ingles Markets, Incorporated
Ingles Markets, Incorporated is a leading supermarket chain with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 204 supermarkets. In conjunction with its supermarket operations, the Company operates neighborhood shopping centers, most of which contain an Ingles supermarket. The Company also owns a fluid dairy facility that supplies Company supermarkets and unaffiliated customers. The Company’s Class A Common Stock is traded on The NASDAQ Stock Market’s Global Select Market under the symbol IMKTA. For more information, visit Ingles’ website at www.ingles-markets.com
About Reed’s, Inc.
Reed’s, Inc. makes the top-selling natural sodas in the natural foods industry sold in over 13,000 natural food markets and supermarkets nationwide. Its six award-winning non-alcoholic Ginger Brews are unique in the beverage industry, being brewed, not manufactured and using fresh ginger, spices and fruits in a brewing process that predates commercial soft drinks. The Company owns the top-selling root beer line in natural foods, the Virgil’s Root Beer product line, and the top-selling cola line in natural foods, the China Cola product line. In 2012, the Company launched Reed’s Culture Club Kombucha line of organic live beverages. Other product lines include: Reed’s Ginger Candies and Reed’s Ginger Ice Creams. In 2009, Reed’s started producing private label natural beverages for select national chains. Reed’s products are sold through specialty gourmet and natural food stores, mainstream supermarket chains, retail stores and restaurants nationwide, and in Canada, as well as through private label relationships with major supermarket chains.
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