SCOTTSDALE, AZ, Oct. 30, 2015 /PRNewswire/ - Scottsdale, AZ based beverage company NOHO, Inc. (OTC: DRNK) has entered into an exclusive distribution agreement with TDG Brands, Inc. or Scottsdale, AZ for distribution of NOHO "The Hangover Defense" 2 oz. shots in all flavors.
"TDG Brands services over 48,000 stores in the domestic U.S. and we are more than happy to be included into their bevy of big name brands that they offer and represent. They have really mastered the art of picking brands, placing them into the market, structuring proper sell through programs and creating brand awareness. Our NOHO 2 oz. shot is the perfect compliment for their portfolio and we are confident in TDG's ability to dramatically expand our distribution and retailer base," said Jay Grdina, CEO of NOHO, Inc.
The 5 year exclusive U.S. distribution agreement between NOHO, Inc. and TDG Brands, Inc. guarantees NOHO, Inc. $2,500,000 for the first year of the agreement. NOHO, Inc. will still retain the worldwide rights to distribute its NOHO 2 oz. shot. TDG will be responsible for all slotting and marketing costs of the distributed NOHO products throughout the term of the agreement.
Jerry Dellaportas the VP of Business Development at TDG Brands, Inc. said, "We are extremely excited and privileged to bring NOHO into our sales and distribution network. We look forward to expanding its brand name across the United States market. This partnership will be a big part of our success going into the new year."
About NOHO – Premium and Functional Lifestyle Beverage
NOHO "The Hangover Defense" 2 oz. shot and NOHO "Premium Lifestyle Beverage" Gold 8.4 oz. can, are category leaders,changing how consumers support their active and social lifestyles. The NOHO 2 oz. shot is the #1 selling hangover protection shot on the market that helps you love your body by protecting it from the adverse effects of alcohol. NOHO comes in the form of a two shot combination, one shot to be taken prior to your first alcoholic beverage and one after your last. It is packed with essential nutrients, vitamins, and NO energy components making it just as healthy as it is reliable.
About TDG Brands, Inc.
The TDG Company represents some of the largest blue chip brands in the world. Strategic, capable and connected, TDG has an unparalleled reputation for creating the most innovative, effective and successful brand campaigns across a range of sectors including Food & Beverage, Fashion, Auto, Medical, Sports, Electronics and Entertainment.
The TDG' network boasts more than $1 billion in retail sales, 32,000 product lines and access to over 80% of the world's consumer marketplace via our 40 worldwide network offices of international representatives.
World-class past and current clients within the TDG portfolio include: Jim Beam®, Sauza Tequila®, Canadian Club®, Welch's®, NOHO®, Power Run Energy®, Sanderson Farms®, Smithfield®, Seattle's Best®, Starbucks®, Organic Valley®, Superior Nut & Candy®, Foster Grant®, Costco®, SUPERVALU®, Sam's Club®, Kroger®, Harper Collins®, Penguin & Putnam®, The Jim Henson Company® Fox®, Universal Studios®, Warner Brothers® Disney®, TBS®, American Basketball Association®, NBA®, CBA®, NFL® and MLB®.
Cautionary Note Regarding Forward-Looking Statements.
This press release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Noho, Inc. (the "Company"), its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and actual results may differ materially from those projected in the forward looking statements as a result of various factors. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
SOURCE NOHO, Inc.