To: Steve Cox who wrote (2151 ) 12/4/1998 10:07:00 AM From: Honor First Read Replies (1) | Respond to of 2452
The Children's Beverage Group, Inc. Signs Exclusive Agreement With the Power Group to Supply Products for Fortune 100 International Food Marketers NORTHBROOK, Ill., Dec. 4 /PRNewswire/ -- The Children's Beverage Group, Inc. (OTC Bulletin Board: TCBG) has entered into an exclusive agreement with The Power Group to sell, co-pack, manufacture or fill The Children's Beverage Group's "rip it sip it" no spill stand-up liquid pouch containers utilizing its patent-pending self contained fluid dispensing system to the following international companies: Apple & Eve Nantucket Allserve Aqua Vie Beverage National Beverage Aqua Penn Spring Water National Grape Co-op /Welch's Cadbury Schweppes Nestle Campbell Soup Company Northland Cranberries Celestial Seasonings Ocean Spray Chiquita Brands Orange Co. Chock Full O'Nuts Pepsi Clearly Canadian Procter & Gamble Citrus World Starbuck's Coca-Cola/Minute Maid Smuckers Cott Beverages Tree Top Disney Triac Companies Dole Food Company Tropicana Ferolito, Vultaggio & Sons (Arizona Ice Tea)Unilever Lykes Bros. Viacom McCain Citrus Virgin Group The Children's Beverage Group's President & CEO Jon Darmstadter says, "This exclusive alliance will allow The Children's Beverage Group to expand our private label business into the branded side of the business allowing the consumer to have their favorite branded drinks in our unique 'rip it sip it' no-spill pouch which will allow us to challenge the brand leader on a level playing field. The response to our package has been tremendous and with the exposure and market penetration The Power Group will provide we will increase our business tremendously." According to Wayne K. Sims, The Power Group's CEO, "This alliance is an excellent move for both companies. It advances The Power Group's leadership position in value-added contract manufacturing and broadens the capabilities we bring to our customers. It's also the latest in a series of strategic alliances with dynamic, high-growth marketing organizations. We believe that The Children's Beverage Group will be a winner in the no-spill soft drink pouch container category." The Power Group operates dedicated and multi-use manufacturing, packaging and logistics facilities that principally serve the food and consumer product industries. The Company operates 24 facilities in 4 countries and has been providing manufacturing outsourcing and integrated supply-chain solutions to Fortune 100 customers for over 30 years. For further information visitpowergroup.com . The Children's Beverage Group is a unique beverage company directed towards the billion dollar-plus children's beverage market. Established in 1995, the Company's mission and goal has been to create cutting edge products using the latest in packaging technology under its trademarked "BrainForest(TM)" spring water and fruit juice product line. It features a patent pending, self-contained fluid dispensing system known in the trade as the "rip it sip it(TM)" system. The Company's products are being marketed by national retailers like Wal-Mart and Winn Dixie. The company has been featured on the nationally broadcast television program "Emerging Public Companies... the Story Behind the Symbol." For Additional Information & Real Time News:stockprofiles.com . For more information, call Jon Darmstadter, 888-338-3367. The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company; the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of implementation and the scope and success of the program described here. SOURCE Children's Beverage Group, Inc. CO: Children's Beverage Group, Inc.; The Power Group ST: Illinois IN: FOD SU: JVN 12/04/98 09:25 EST prnewswire.com To edit your profile, go to keyword NewsProfiles.