Clearly Canadian Beverages Signs Bottling Deal with Cott Corporation
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TORONTO--(Business Wire)-- Clearly Canadian Brands (OTCBB:CCBEF) (the "Company") today announced that it has signed an agreement with Cott Corporation, the largest private bottling group in the world, to bottle Clearly Canadian Beverages in 20 oz and 1 L PET. Under the terms of the agreement, Cott Corporation will bottle Clearly Canadian sparkling flavored waters at strategically located Cott facilities for distribution throughout North America. In addition, the Company will continue to sell its traditional glass bottles. Stated Bobby Genovese, CEO of Clearly Canadian Brands, "We are pleased to have signed an agreement with Cott Corporation. This allows us to team up with one of the largest beverage bottling and retailing organizations in the world. With this agreement, we will begin producing and delivering our popular drinks in a cost effective manner, resulting in a more profitable business model and better pricing for the consumer. By utilizing all of the benefits afforded by working with a world class bottler, we believe we are on track to once again assume a branded leadership position in the large sparkling flavored beverage category." About Cott Corporation Cott Corporation is one of the world's largest non-alcoholic beverage companies and the world's largest retailer brand soft drink company. The Company commercializes its business in over 60 countries worldwide, with its principal markets being the United States, Canada, the United Kingdom and Mexico. Cott markets or supplies over 200 retailer and licensed brands, and Company-owned brands including Cott, RC, Vintage, Vess and So Clear. Its products include carbonated soft drinks, sparkling and flavored waters, energy drinks, sports drinks, juices, juice drinks and smoothies, ready-to-drink teas, and other non-carbonated beverages. The Company's website is www.cott.com. The brand names and trademarks referenced in this press release are trademarks of Cott Corporation, its affiliated companies, customers, or other third parties. About Clearly Canadian Brands Based in Vancouver, B.C., Clearly Canadian Brands markets premium alternative beverages, including Clearly Canadian(R) sparkling flavored waters and Clearly Canadian dailyEnergy, dailyVitamin and dailyHydration Natural Enhanced Waters which are distributed in the United States, Canada and various other countries. Clearly Canadian's recent acquisition of DMR Food Corporation and My Organic Baby Inc. marks the Company's debut into organic and natural products with a full line of organic baby and toddler foods under the brand names My Organic Baby and My Organic Toddler and a wide range of dried fruit and nut snacks offerings from SunRidge Farms, Naturalife, Sweet Selections, Simply by Nature and Glengrove Organics brands. To find out more about Clearly Canadian Beverage Corp. (OTCBB:CCBEF), visit our website at www.clearly.ca. Forward-Looking Statements 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", "plans", "may", "could", "should", "anticipates", "likely", "believes", "estimates", "potential", "predicts", "continue" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including but not limited to, the belief in the opportunities which can exist for our products and the revenue growth for the Company. These assumptions are subject to many risks, and actual results may differ materially from those currently anticipated. These risks include, by way of example and not in limitation, general economic conditions, changing beverage consumption trends of consumers, the Company's ability to generate sufficient cash flows to support general operating activities and capital expansion plans, 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. Clearly Canadian Brands Shareholder Relations Steve Cook, 800-983-0993 investor@clearly.ca or Product Inquiries: 1-800-735-7180 consumer.relations@clearly.ca Copyright Business Wire 2008
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