USA: East Coast Beverage Corp.'s Iced Coffee Beverages Authorized For Sale by ARCO (AM/PM) and Stater Brothers Supermarkets
The significance of the ARCO approval is that the combination of convenience store and supermarket chain business closes the loop and gives East Coast full coverage in the California market.
The Company also announced today that it has received authorization from Stater Brothers Supermarkets, based in Southern California. Stater Brothers, who owns and operates 155 stores throughout Southern California, has shown the largest profits and increased customer base of all Southern California grocery chains over the past six months. Stater Brothers has given Coffee House prime shelf position and an everyday retail price below that of the competition.
John Calebrese East Coast's CEO stated, "The addition of ARCO and Stater Brothers and their strong support for our product line has been demonstrated by their commitment to provide premium shelf space." Calebrese added, "The securing of new and significant accounts on steady basis is proof of our acceptance. It is estimated that the revenue from these two accounts will near $2 million annually."
Both accounts will be serviced by Seven-Up/RC Bottling Company of Southern California.
About East Coast Beverage Corp.
Based in Coral Springs, Florida, East Coast Beverage Corp. develops produces and distributes Coffee House USA(TM), a proprietary line of all natural, ready to drink bottled coffee drinks. Currently, the Company produces eight flavors that include Coffee, Hazelnut, Mocha, German Chocolate, Cinnamon, Vanilla Mousse, Toasted Almond, and Banana's Foster.
Any statements in this release that are not statements or descriptions of historical facts may be "forward-looking statements" as that term is defined under the Federal securities laws. Forward-looking statements are subject to risks, uncertainties and other factors, including, but not limited to, those described in the company's filings with the Securities and Exchange Commission.
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