Sun Tzu Corp. Enters Agreement to Distribute Energy Drink Throughout Russia and Eastern...
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Sun Tzu Corp. Enters Agreement to Distribute Energy Drink Throughout Russia and
Eastern European Nations
AMSTERDAM, N.Y., Aug. 17, 2009 (GLOBE NEWSWIRE) -- Sun Tzu Corporation (Pink
Sheets:STZU) today announced that it has entered into an agreement with Sun Tzu
International, an independent entity created to exclusively market Sun Tzu
Corp.'s products, for the distribution of its Sun Tzu Energy Drink to Russia,
Ukraine, Latvia, Lithuania, Estonia, Belarus and Romania.
The Company believes that sales in these Eastern European nations can generate a
minimum of $2 Million and upwards of $5 Million in annual revenue and plans to
expand distribution efforts throughout Europe, the Middle East and South America
in the coming year. Sun Tzu International is led by Michael Dreyfus, Chief
Executive Officer and Vladimir Bavelsky, President and Chief Operating Officer.
Michael Dreyfus, CEO of Sun Tzu International, will lead the Company's
distribution efforts in Eastern Europe. He has over 20 years experience in
starting and growing companies that specialize in the export and marketing of
alcoholic beverages in Europe, South America, Russia, Asia and the Middle East.
Most recently, Mr. Dreyfus was CEO of Diversified Liquors Company Ltd (DLC),
significantly increasing the company's market share and portfolio of brands
worldwide.
Vladimir Bavelsky, a veteran of the consumer beverages industry, will oversee
all of Sun Tzu International's operations and logistics. He has over 25 years of
experience in managing operations for large beverage manufacturers and
distributors, most recently leading PPB Ltd, a large exporter of non-alcoholic
beverages into Russia and the Former Soviet States, to increase profits by
double digits year over year.
Terry Barker, Chairman of Sun Tzu Corp., stated, "International expansion is one
of our top priorities as a Company. Mr. Dreyfus and Bavelsky's experience in
beverage manufacturing, distributing and exporting experience abroad enables
them to establish a strong presence of the Sun Tzu brand by effectively
promoting our products into the consumer, hotel, hospitality and night club
industries. With the implementation of top quality leadership and entrance into
the Eastern European market, we believe that Sun Tzu is poised to steadily
increase its international revenue over the coming year."
About Sun Tzu Corp.
Sun Tzu Corp. is a leading New Age Beverage Company that owns multiple brands
and packages, offering several product lines of innovative energy drinks and
non-alcoholic mixers. The Company focuses on innovative fountain branding of its
beverages to bars and restaurants across the country and has developed one of
the most competitive cooler and distribution programs available in grocery and
convenience stores throughout the United States and abroad. Sun Tzu's beverages
are available through independent beverage wholesalers such as Anheuser Busch,
Miller-Coors, and Snapple Distributors.
To learn more about Sun Tzu Corp, please visit www.suntzucorp.com or visit
www.suntzuenergydrink.com to read about Sun Tzu Energy Drink.
Forward-Looking Statements
Certain statements in this release and the attached corporate profile that are
not historical facts are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements may be
identified by the use of words such as "anticipate," "believe," "expect,"
"future," "may," "will," "would," "should," "plan," "projected," "intend," and
similar expressions. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking statements. The Company's future
operating results are dependent upon many factors, including but not limited to
the Company's ability to: (i) obtain sufficient capital or a strategic business
arrangement to fund its expansion plans; (ii) build the management and human
resources and infrastructure necessary to support the growth of its business;
(iii) competitive factors and developments beyond the Company's control; and
(iv) other risk factors.
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CONTACT: Sun Tzu Corporation
Investor Relations
518-842-3453
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