SOURCE: NutriPure Beverages, Inc.

NutriPure Beverages, Inc.

July 09, 2010 16:30 ET

NutriPure Beverages, Inc. Signs Binding Letter of Intent to Purchase Distributorship; Anticipates Additional Acquisitions

NEWPORT BEACH, CA--(Marketwire - July 9, 2010) -  NutriPure Beverages, Inc. (PINKSHEETS: NBVG) announced today that it has signed a binding letter of intent to purchase 100% of the assets of Brenlin, a privately held distributorship serving the Southern California market. NutriPure has already delivered the first cash payment and the final agreement is expected to be signed within the next few days. 

NutriPure also reported that it is in negotiations with other companies and expects to announce additional key acquisitions in the coming weeks.

Brenlin currently distributes a variety of beverage products, including Monster, Rockstar, Redline, Metrx and 5-Hour Energy Drinks, and snack products including Cliff Bars, Tiger bars, Balance bars, Pure Protein, Power Crunch, and Detour. NutriPure plans to immediately expand the Brenlin business and has already engaged consultants to bring in additional accounts. Brenlin will also be instrumental in distributing NutriPure's soon-to-be-launched Nu20 enhanced bottled water products.

ABOUT NUTRIPURE BEVERAGES, INC.

NutriPure Beverages, Inc. is bringing to market a complete line of nutrient-enhanced bottled water products using a patented process that adds organic nutrients to water without adding masking flavors, colors or sweeteners, yielding premium enhanced water products that contain no calories, no carbohydrates, no colors and no flavors other than pure water. The process is further enhanced using desirable "cold-fill" techniques that save energy and reduce harmful, "plastic chemical leaching" into the product. The company intends to market a full line of nutrient-enhanced water products under the Nu2O label, which will compete with currently available products.

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of NutriPure Beverages, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

Contact Information

  • Contact:
    Kenyatto Jones
    CEO
    NutriPure Beverages, Inc.
    (949) 400-5963