BeBevCo Signs LOI With Italian Entity for National Distribution and Marketing Deal
STATESVILLE, N.C., Nov. 16, 2011 /PRNewswire/ -- Bebida Beverage Company (OTCmarkets: BBDA) (BeBevCo) a developer, manufacturer and marketer of relaxation and energy drinks announced today that the Company has secured a letter of intent (LOI) with an Italian distribution and marketing group that is expected to result in one of the largest distribution deals in Europe to date for the Company's flagship product, KOMA UNWIND. The group is the newest European Union entity that has come to BeBevCo looking for a means to be involved in the exploding popularity of the KOMA UNWIND relaxation drink.
As stated in a news release on 8 November, 2011, BeBevCo is expanding in Europe. As the BeBevCo EU entity starts to take shape, the Company will handle business as well as distribution and marketing from here in the USA.
"By early next year, we expect to have BeBevCo EU completely staffed and continuing the certification process via Health and Government entities in Europe for our products," said Brian Weber, CEO of BeBevCo. "The certification process is well on its way in the respective countries we are going to be doing business in," Weber continued.
"Due to the magnitude of the pending deal with the Italian based group, the name of the entity will be introduced once we have a completed deal. This is just another cog in the wheel with regard to foreign interest in KOMA UNWIND. It doesn't matter where you are in the world; we all need rest, relaxation and a better night's sleep," added Weber.
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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