LOS ANGELES,CA--(Marketwired - August 11, 2016) - Upper Street (OTC PINK: UPPR) - After months of due diligence and preparation between both Upper Street Marketing and SPRiZZi Beverage Company, the two companies are prepared to announce that as of Aug. 16, Upper Street will have fully acquired SPRiZZi Drink Company and will appoint Michael Breault as CEO of Upper Street Marketing Inc. Mark Breault, SPRiZZi's current chief technology officer, will be appointed to the position of chief operating officer of Upper Street Marketing Inc.
Michael Breault is the original founder of SPRiZZi Drink-Co and has decades of experience in all aspects of manufacturing and marketing with several consumer product companies. "I'm very excited about the merger with Upper Street Marketing and the prospect of commercializing our product. My team at SPRiZZi has created an amazing product and our acquisition by Upper Street will give us the ability to scale rapidly in 2017 and 2018."
Prior to SPRiZZi, Mark Breault spent 15 years in advance product development for the Ford Motor Company. He attended the University of Michigan-Dearborn and has a degree in electrical engineering. Mark Breault and his team designed and developed the SPRiZZi Cold Beverage machine, which the company plans to launch in Q4. "We have taken a very established market of hot single serve beverages and are building a similar model that we believe has enormous upside potential. Our revolutionary product is an innovation for which we have filed eight patents in both the U.S. and international markets."
Both Michael Breault and Mark Breault will be appointed to the Upper Street Marketing board of directors on Aug.16. In addition, the following three executives will be appointed to the company's board as independent directors: former Sony/Disney Executive Mark Meyers, who has a bachelor of arts degree from San Diego State University; entrepreneur and national sales expert, John Woodward; and global clean water activist and business developer Antonius Soelistyo.
SPRiZZi plans to commence its marketing and sales program this month. A sales team will travel with several Culligan International Franchisees across the U.S. to introduce the SPRiZZi Drink Machine and Consumables to corporate offices for use in lunch and break rooms. Since Culligan International already supports millions of offices, SPRiZZi can accelerate its marketing and distribution strategy by penetrating this established customer base before going direct to consumer.
SPRiZZi was founded by Michael and Mark Breault. The company is focused on the manufacturing, marketing and sales of single serve cold drink products. SPRiZZi markets and sells both the drink machine and flavor cartridges. The company sells its products worldwide and is developing additional cold serve products to serve both office and home markets. SPRiZZi collects revenue on the purchase of SPRiZZi cold drink machines and flavor bullets. For more information, visit http://sprizzidrink.com
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