COTTSDALE, Ariz., June 19, 2018 (GLOBE NEWSWIRE) -- The Alkaline Water Company Inc. (TSXV:WTER) (OTCQB:WTER) (the "Company"), with products bottled under the trademark Alkaline88®, is pleased to announce it has recently entered into a new co-packing agreement with Commerce, California-based Chameleon Beverage Company, Inc. (“Chameleon Beverage”). Production is scheduled to begin in July.
The Company is the creator of an innovative, state-of-the-art, proprietary electrolysis beverage process. The Company packages and sells its Alkaline88®, water in 1-gallon, 3-liter, 1.5-liter, 1-liter, 700-milliliter and 500-milliliter sizes to over 40,000 retail locations in all 50 states.
“Our growth and need for increased production in Southern California continues to exceed our own expectations. According to Nielsen data, Alkaline88® is now the 12th best-selling still-water brand in the region. We are very pleased to have partnered with Chameleon Beverage to help us meet this demand. Chameleon Beverage has an excellent reputation and has agreed to establish a dedicated production line for Alkaline88®. Our highest capacity electrolysis equipment ever is going to be installed to support this new line. Once fully operational, Chameleon Beverage will be able to produce up to $20,000,000 of wholesale production a year. The combined production capacity of our six co-packing facilities now totals over $100 million per year. Our recent capital infusion has made this move possible,” commented Richard A. Wright, President and CEO of The Alkaline Water Company Inc. “Our growth shows no sign of abating and appears to be accelerating not only in Southern California, but nationally as well. We will continue to add plants and capacity as our customers demand and look forward to utilizing the increased production capacity as we continue to work towards our FY 2019 sales goal of $40,000,000,” concluded Mr. Wright.
Owner and President of Chameleon Beverage Company, Inc., Derek Reineman, is pleased to announce its production partnership with The Alkaline Water Company Inc., “We see great opportunity in the value-added water segment and feel that The Alkaline Water Company Inc. has the vision, product and management team to expand its market share significantly. We look forward to working with the Alkaline88® team and supporting their growth in the Southern California market.”
The Alkaline Water Company Inc. (TSXV and OTCQB: WTER) has developed an innovative, state-of-the-art, proprietary electrolysis process that produces healthy alkaline water for a balanced lifestyle. The Company is focused on the business of distributing and marketing for retail sale of its cost-effectively packaged Alkaline88® water beverage products. Visit: www.thealkalinewaterco.com.
About Alkaline Water Products
Alkaline88®is a premier 8.8 pH balanced bottled alkaline drinking water enhanced with trace minerals and electrolytes. The product offers consumers the unique opportunity to purchase alkaline water in conveniently packaged 500-milliliter, 700-milliliter, 1-liter, 1.5-liter, 3-liter and 1-gallon sizes. The Alkaline Water Company Inc. is currently in the midst of a national mass-market expansion program, where the product is already available for consumer sales at a growing number of major retail locations across many parts of the United States. Learn more about the science behind alkaline water by visiting www.thealkalinewaterco.com.
About Chameleon Beverage Company, Inc. Chameleon Beverage Company operates a vertically integrated state of the art bottled water facility in Commerce, CA. It is able to offer in house label production, bottle making, filling and warehouse services in Commerce, CA.
