SOURCE: Long Island Iced Tea Corp.

Long Island Iced Tea Corp.

June 15, 2017 08:00 ET

Long Island Iced Tea Corp. Announces New Distribution Partnership in the Southeast with EnergyNC

HICKSVILLE, NY--(Marketwired - Jun 15, 2017) - Long Island Iced Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company focused on the non-alcohol ready-to-drink ("NARTD") tea segment in the beverage industry, today announced that it has partnered with EnergyNC to distribute the Company's portfolio of beverage brands across North Carolina, eastern South Carolina and southern Virginia.

EnergyNC is the largest independent beverage supplier in North Carolina. Founded in 2005 by Yousef Abuzuaiter, EnergyNC is a family-owned beverage wholesaler based in Greensboro, NC. It services over 1,750 stores and carries leading brands such as Nestea, Faygo soda, Everfresh juice, Rip It Energy Fuel, Hogwash kids drink, Icelandic Glacial Water, Ubr water and Clear Fruit water.

Philip Thomas, Chief Executive Officer of the Company, commented, "Complementing recent launches in the region that include Food Lion, Ingles and W. Lee Flowers, this new distribution partnership with EnergyNC further strengthens our presence in the Southeast. We are proud to have EnergyNC carrying our full portfolio of beverages."

Mr. Abuzuaiter added, "We are very excited with the addition of Long Island Iced Tea Corp. as a partner in the region. The products they bring to our company help us to solidify our position with our customers as having the most exciting and flavorful portfolio in the non-alcoholic drink trade."

The Company's portfolio of brands available through EnergyNC include Long Island Iced Tea® (NARTD tea), ALO Juice® (NARTD functional beverage) and the Original Long Island Brand™ Lemonade with a splash of tea (NARTD lemonade).

About EnergyNC
EnergyNC is a beverage distribution company based in Greensboro, North Carolina. Founded in 2005 by Yousef Abuzuatier, it is a family-owned business offering a wide selection of top quality non-alcoholic beverages. EnergyNC services over 1,750 stores in North Carolina, eastern South Carolina and southern Virginia. To learn more about EnergyNC, please visit www.energync.com.

About Long Island Iced Tea Corp.
Headquartered in Long Island, NY, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink segment of the beverage industry. The Company's flagship brand 'The Original Long Island Brand Iced Tea®', together with 'The Original Long Island Brand Lemonade™' are marketed as premium beverages made with non-GMO ingredients. The company also imports and markets 'ALO Juice®' a functional Aloe Vera based beverage. The Company's portfolio of premium brands sits within the 'better-for-you' category of the beverage industry, and are offered to consumers at an affordable price, reflecting the Company's mission. Its beverages are sold primarily through a network of regional chains and distributors primarily on the East Coast and the Midwest of the United States, as well as Canada and Latin America. The Company's website is www.longislandicedtea.com.

Forward Looking Statements

This press release includes statements of the Company's expectations, intentions, plans and beliefs that 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 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company's business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include its history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption "Risk Factors." When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

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