Clearly Canadian Expands National Broker Agreement with Acosta Canada: Partnering with a National Leader in Sales and Marketing Solutions
Effective immediately, Acosta will be selling and promoting three of Clearly Canadian's best selling brands - Clearly Canadian(R) Sparkling Flavoured Water, Clearly Canadian O+2(R) oxygen enhanced water beverage and Reebok Vitamin + Mineral Supplement - throughout Canada.
Since May 2002, Acosta has been brokering Clearly Canadian's products in the provinces of Ontario, Quebec, Newfoundland, Nova Scotia, New Brunswick and Prince Edward Island. With this expanded broker agreement, Acosta will now provide its selling, merchandising, marketing, and promotional services for Clearly Canadian brands across Canada.
"Partnering with a leading full-service sales and marketing agency such as Acosta will allow Clearly Canadian to sell our products more effectively and competitively in the important Western Canada selling region," said Douglas Mason, President and CEO of Clearly Canadian Beverage Corporation.
"We are extremely pleased with how our relationship with Clearly Canadian has developed. With our expanded role into Western Canada, we can now apply our full range of selling, merchandising, marketing, and promotional services to Clearly Canadian's award winning line of alternative beverages and products from coast to coast across Canada. We look forward to building on our successes with them and to presenting the exciting brand marketing initiatives they have planned for 2003," said Peter Singer, President of Acosta Canada.
About Acosta
Based in Woodbridge, Ontario, Acosta Canada Corporation is a wholly owned
subsidiary of Acosta, Inc. of Jacksonville, Florida. Acosta, Inc. provides
outsourced sales and marketing services to manufacturers of food and other
consumer packaged goods around the world. Acosta, Inc. has offices located
throughout the United States and internationally.
About Clearly Canadian
Based in Vancouver, B.C., Clearly Canadian markets premium alternative
beverages and products, including Clearly Canadian(R) sparkling flavored water,
Clearly Canadian O+2(R) and Tre Limone(R), which are distributed in the United
States, Canada and various other countries. Clearly Canadian also holds the
exclusive license to manufacture, distribute and sell certain Reebok beverage
products in the United States, Canada and the Caribbean. Additional information
on Clearly Canadian may be obtained on the world wide web at www.clearly.ca.
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and include the Company's expectations regarding the Company's brokerage arrangements with Acosta and the anticipated benefits of these arrangements on the Company's results of operations in future periods. Actual results may differ materially from those currently anticipated due to a number of factors including, but not limited to, general economic conditions, changing beverage consumption trends of consumers, the Company's ability to generate sufficient cash flows to support capital expansion plans and general operating activities, competition, pricing and availability of raw materials, the Company's ability to maintain the current and future retail listings for its beverage products and to maintain favorable supply, production and distribution arrangements, laws and regulations and changes thereto that may affect the way the Company's products are manufactured, distributed and sold and other factors beyond the reasonable control of the Company. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission and with the British Columbia and Ontario Securities Commissions.