Shot Spirits Corporation Announces Revenue Opportunity Through Georgia Distribution of the ShotPak(R)
LEESBURG, Va., Feb. 10 /PRNewswire-FirstCall/ -- Shot Spirits Corporation (Pink Sheets: SSPT) is pleased to announce that the Company will be receiving revenues as a result of royalties generated from distribution sales of ShotPak® cocktails in the State of Georgia. Beverage Pouch Group, LLC (BPG), with whom the Company has an ownership position in and strategic partnership with, reported that Savannah Distribution Co. Inc. of Savannah, GA has agreed to distribute the ShotPak® throughout the Georgia market. Shot Spirits generates additional revenue each time a new distributor is added. As sales of the ShotPak® increase, the Company receives additional royalties and year end dividends. Georgia becomes the 11th state in the 24 state program to carry the 10 Ready-To-Drink cocktails in the patented "Green no Landfill" StandUp pouch with its easy tear feature.
"There's lots of activity around our new pouch package and busy on-the-go consumers are always asking for something new. This is a fantastic product for the twenty-something on-the-go consumer segment to enjoy. Our Ready-To-Drink pouches stand out on the store shelves. Until now we have not really ventured outside the east coast, but we have seen a lot of national interest, which has been great," says R. Charles Murray, CEO of the Beverage Pouch Group.
"The ShotPak® cocktails and all of Beverage Pouch Group's beverage product lines are making significant strides both in the United States and abroad. We benefit each time a new distributor is added and we look forward to additional territories throughout 2010," stated Brian P. Barrett, President, CEO of Shot Spirits Corporation.
For more information on the ShotPak®, please go to www.shotpakinc.com .
About Shot Spirits Corporation:
Shot Spirits Corporation through its two wholly owned subsidiaries, Shot Spirits International and GuestMetrics, Inc., is focused on delivering products and services to the multi-billion dollar hospitality industry. Shot Spirits International, through their partnership with Beverage Pouch Group, is an innovator in the beverage and service industry with the flavors of the ShotPak® brand. ShotPak® Cocktails and STR8UP Spirits brands are packed in their patented "Green no Landfill" StandUp pouch with easy-tear open feature. Shot Spirits is focused on distribution in supermarkets, liquor stores, as well as bars, restaurants, and sporting venues across the globe.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
SOURCE Shot Spirits Corporation
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