BeBevCo; Company Setting Up Ground Game in EU For Race to Market for KOMA UNWIND
STATESVILLE, N.C., Nov. 8, 2011 /PRNewswire/ -- Bebida Beverage Company (OTCmarkets: BBDA) (BeBevCo) a developer, manufacturer and marketer of relaxation and energy drinks announced today that the Company is now working with attorneys and consultants to form a new business entity in Europe. The new business will be named "Bebida Beverage Company EU" with the short version being "BeBevCo EU." This new venture will be the sales and marketing arm for all European sales of Bebida Beverage Company products and will cover the countries represented in the Union of European soft drink Association.
The need for the expansion of the Company has arisen due to the significant interest in BeBevCo's KOMA UNWIND relaxation drink as well as Potencia Energy Drink and the Company's other products. The new Company will be domiciled in Germany and will trade on the Frankfurt Exchange in Germany. The U.S. based Company, Bebida Beverage Company of the USA will have a significant position of the new Companies stock.
"The European market is close to $5 billion in annual sales of energy drinks and the beverage experts predicting a 7 to 10 ratio of relaxation drinks to energy drinks, we felt this is a great way to continue expanding our Company globally," said Brian Weber, CEO of BeBevCo USA. "KOMA UNWIND dominates the USA media and consumer awareness with regard to relaxation drinks. It only makes sense to go to Europe and do the same thing over there," Weber continued.
"We feel extremely delighted to start up this entity and get the deals we have in the works as well as the new ones going faster," Weber continued. "The process of finding the correct leadership and support team to join our journey is also under way. I am certain shareholders both here and abroad will be very excited when we announce all of the new distribution deals and partnerships on the European continent over the coming weeks and months," Weber concluded.
"These are exciting times at BeBevCo; with the addition of the Dominican Republic, Central America, and more recently the Middle East, the new expansion into Europe will enable our USA business to concentrate on North and South America distribution of our products and provide better service for our partners and distributors here," said Daisy Ramirez, COO of BeBevCo USA.
About BeBevCo USA
BeBevCo USA (Bebida Beverage Company) develops, manufactures and markets beverages including relaxation drinks Koma Unwind "Chillaxation" Drink™, Koma Unwind Sugar-free "Chillaxation" Drink™ and Koma Unwind "Chillaxation" Shot™ as well as Potencia Energy Drink, Potencia "BLAST" energy shot and Piranha Water.
Safe Harbor Statement
Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the Safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.
Contact: (704) 660-0226 ex 5
[email protected]
SOURCE Bebida Beverage Company
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