KonaRed Makes Strong Headway on International Expansion
-Continued expansion into Japan's Multi-Billion Dollar Nutraceutical Market
-Company Takes First Orders in South Korea & Canada
-Continued expansion into Japan's Multi-Billion Dollar Nutraceutical Market
-Company Takes First Orders in South Korea & Canada
KOLOA, Hawaii, Oct. 30, 2015 /PRNewswire/ -- KonaRed Corporation (OTCQB: KRED), a pioneer of the coffee fruit category and manufacturers of antioxidant juices and nutritional supplements from the unique and exclusive Hawaiian CoffeeBerry® coffee fruit from Kona, Hawaii, today announced several progress initiatives on the Company's international expansion, marking its continuation for establishing brand visibility worldwide and long-term growth.
Since breaking into the Asian markets in July 2015, KonaRed products have achieved success, hitting the shelves of hundreds of leading Japanese retailers such as Aeon Retail, Kinokuniya and Natural Lawson Stores. KonaRed is pleased to announce that it has added another 70 stores with Aeon Stores in Japan and continues to grow with Lawson, Inc., Japan's second largest convenience store chain.
KonaRed has shipped its first order to South Korea and has more expansion planned in this region in the near future.
The Company has also expanded its distribution in Canada with distributor UNFI, one of the largest natural food distributors in the world. UNFI has put the product on many of the leading retailers shelves in Western Canada and is working on more expansion as well. UNFI is already a solid part of the Company's U.S. distribution network and offers all three of KonaRed's 10.5oz beverages which include Hawaiian Superfruit Antioxidant Juice Original, Hawaiian Superfruit Antioxidant Juice with Organic Coconut Water, and Hawaiian Superfruit Antioxidant Juice with Organic Green Tea.
President and COO, Kyle Redfield commented, "We are focused on making strong progress in our international efforts and creating brand awareness and visibility on a global scale. Asia is a large priority for us at the moment. Our recent expansion successes not only add to our immediate top line but also build a strong platform for long-term growth. Over the next several quarters, we anticipate a rapid growth trend in both foreign and domestic markets."
About KonaRed Corporation
KonaRed® Corporation is the pioneer of the USA Grown, Hawaiian Coffee Fruit. The company oversees a vertically integrated supply chain starting with the highest quality Coffee Fruit from Kona Hawaii. KonaRed®, through a licensing agreement with FutureCeuticals, Inc., utilizes innovative, state of the art, proprietary patented processes that produce and market a complete range of healthy products that showcase the Hawaiian Coffee Fruit. The line of consumer packaged goods includes antioxidant rich extracts and powders from Hawaiian Coffee Fruit, which are used to produce KonaRed®'s ready to drink Antioxidant Juice, Green Tea, Coconut Water, On-the-Go Packs and 100% Hawaiian Coffee Fruit Powders. The company is also launching a line of 100% Kona Coffee products that will include the coffee fruit as well. The Company was established in August 2008 and achieved its first sales in February 2009. In October 2013, KonaRed® went public and trades on the OTCQB under the symbol KRED. KonaRed® Corporation is headquartered in Koloa, Hawaii, and its distribution center is in San Clemente, California. KonaRed® sells its products at retail stores across the U.S., Canada, Japan and is expanding into other international markets. KonaRed® products are sold in select Kroger, Safeway, Albertsons, Vitamin Shoppe, Whole Foods, 7-Eleven and many other retail outlets. More information about KonaRed® and its products can be found at www.konared.com.
Forward Looking Statements
Certain information contained in this press release, including any information as to our strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, are forward-looking statements. The words "believe," "expect," "will," "anticipate," "contemplate," "target," "plan," "continue," "budget," "may," "intend," "estimate," "project" and similar expressions identify forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to its plans or operations. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the SEC which can be found at www.sec.gov. There may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
Contact:
Investor and Media Relations:
Robert Haag
IRTH Communications
[email protected]
866-976-4784
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SOURCE KonaRed Corporation
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