STATESVILLE, N.C., March 20, 2012 /PRNewswire/ -- In one of its biggest potential distribution relationships, Bebida Beverage Company (OTC markets: BBDA) (BeBevCo), a developer, manufacturer and marketer of liquid relaxation products, has entered into a Letter-of-Intent (LOI) with a venture capital group located in Melbourne, Australia. The group will obtain the rights to brand management and distribution of the KOMA Unwind Liquid relaxation products in Australia and New Zealand.
"This strategic agreement places KOMA Unwind and our other liquid relaxation products in the position for potential market dominance and penetration into the expansive regions of Australia and New Zealand. This agreement once again cements the vast global appeal offered by our unique liquid relaxation product line. People down under want to relax and get a better night's sleep as well," said Brian Weber, CEO, BeBevCo.
In 2011, the Australian economy was the fastest growing advanced economy in the world. Per capita, Australians are some of the wealthiest people in the world (ranked #2 in the world in a 2011 Credit Suisse report). Australia is the 19th largest importer in the world, with a trade deficit for consumable items.
BeBevCo (Bebida Beverage Company) develops, manufactures and markets liquid relaxation products including KOMA Unwind "Liquid Relaxation" (TM), KOMAUnwind Sugar-free "Liquid Relaxation" (TM) and KOMA Unwind "Liquid Relaxation" Shot(TM) as well as Potencia Energy, Potencia "BLAST" energy shot, Relax 5 shots 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.
SOURCE Bebida Beverage Company