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Reed’s, Inc. (REED) Finds Itself in the News Again

In the past, Reed’s, Inc. has been featured in many publications, and today the company announced to its subscribers that it has been appearing in even more publications recently. In USA Today, Reed’s Virgil’s Diet Root Beer was named a “hit”. The root beer isn’t made with any artificial sweeteners, but instead perfectly blended with a number of different herbs and spices. Commenting on the exquisite taste, the article stated, “No question that this particular soda would make the perfect rootbeer float.”

The company also grabbed the attention of WallStreetNewsReporter, who interviewed CEO Christopher Reed. Reed’s, Inc. expects 2008 revenues to exceed last year’s revenues of $13 million by up to 20%. In order to meet increasing demand, the company is streamlining its business operations, refining its target market, and has upped the brewing capacity to handle up to $75 million in annual sales.

The company’s beverages are not the only products getting attention, however, as the company’s new peanut butter ginger chews were featured in Valley Times. Writing her review on the product, Jolene Thym (nicknamed “Picky Eater”) stated, “Those who can get past the mind block of finding savory flavors in their candy will find that the new chews are not only spicy enough for a mid afternoon wake up snack but they also pack enough ginger to soothe the tummy boost the immune system and help prevent motion sickness. I like them so well that I’m not sure I can part with a few chews for my niece who wants to feed them to her motion sickness prone dog.”

Let us hear your thoughts: REEDS, Inc. Message Board

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