Highlights new distribution channels, upcoming product rollouts and expansion outlook for 2015
KOLOA, Hawaii, July 14, 2015 /PRNewswire/ -- KonaRed Corporation (OTCQB: KRED), a food and beverage company that manufactures functional juices and nutritional supplements from the unique and exclusive Hawaiian CoffeeBerry® coffee fruit from Kona, Hawaii, announced today that it has issued a Letter to Shareholders.
Highlights of the letter include:
- Analysis of current market landscape for functional food and beverages and recent media coverage on the health benefits of KonaRed's coffee fruit
- An update on the Company's increased distribution and retail channels, which include the New York Metro area and 30 new distribution points
- Introduction of new products and KonaRed's foray into functional foods with the launch of Superfood Health Bars, Artisanal Superfood Chocolates and Performance Powders
- Expansion outlook for the remainder of 2015
- Enlistment of world-class athletes to drive visibility and spread the word on KonaRed through use of social media and other media platforms
To read the Letter to Shareholders in its entirety, please visit: http://ir.konared.com/letter-from-the-ceo
About KonaRed Corporation
KonaRed Corporation produces health and wellness nutritional products including beverages and nutritional supplements, which bring the attributes of Hawaiian Coffee fruit to an international consumer market. The Company was established in August 2008 and achieved its first sales in February 2009. In October 2013, KonaRed went public and trades on the OTCQB under the symbol KRED. KonaRed, through a licensing agreement with VDF/FutureCeuticals, Inc., utilizes innovative, state of the art, proprietary processes that produce antioxidant extracts and powders from the Hawaiian Coffee Fruit. These processes are used to produce KonaRed's Antioxidant Juice, Green Tea, Coconut Water, On-the-Go Packs and 100% Coffee Fruit Powders. KonaRed Corporation is headquartered in Koloa, Hawaii, with a distribution center located in San Clemente, California. KonaRed products are sold in select Kroger, Vitamin Shoppe, Whole Foods, Safeway, Walmart and 7-Eleven stores, as well as in many other retail outlets throughout the US and Canada. More information about KonaRed and its products can be found at www.konared.com.
Forward Looking Statements
Certain information contained in this press release, including any information as to our strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, are forward-looking statements. The words "believe," "expect," "will," "anticipate," "contemplate," "target," "plan," "continue," "budget," "may," "intend," "estimate," "project" and similar expressions identify forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to its plans or operations. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the SEC which can be found at www.sec.gov. There may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
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