Long Island Iced Tea Corp. (NASDAQ: LTEA) - Breaking News - April 19, 2017
 

Long Island Iced Tea Corp. Announces Big Geyser Long-Term Strategic Distribution Partnership
 

- Most Significant Distribution Agreement in Company History -
- Partnering with Largest Independent Non-Alcoholic Beverage Distributor in New York Metro -

HICKSVILLE, NY -- (Marketwired) -- April 19, 2017 -- Long Island Iced Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company focused on the non-alcoholic ready-to-drink (“NARTD”) segment in the beverage industry, is pleased to announce that it has signed a long-term strategic distribution agreement with Big Geyser, the largest independent non-alcoholic beverage distributor in metro New York.

Big Geyser will be the exclusive distributor of the Company’s flagship iced tea and lemonade with a splash of tea 18oz bottle products in the metro New York region. The new partnership will become effective on April 24, 2017 and cover the five boroughs of NYC, Westchester, Putnam, Nassau and Suffolk counties.

Philip Thomas, Chief Executive Officer of the Company, commented, “Big Geyser is the single strongest distributor in the New York metropolitan market and we are proud to join their dynamic portfolio of iconic brands. This partnership is transformational in having the potential to increase our metro New York footprint by over ten times to 25,000 doors, and allow us to restructure our business and focus on building our brands alongside Big Geyser.”

Mr. Thomas added “As a founder of Long Island Iced Tea Corp., it has always been my desire to deliver premium beverages to consumers at an affordable price. I believe the distribution through Big Geyser of our non-GMO premium tea, together with our recently launched lemonade with a splash of tea, will see this desire become a reality in the New York area.”

About Big Geyser

Big Geyser has been building brands in New York since 1986 and has a distribution footprint of over 25,000 doors, servicing accounts in all channels of trade throughout the 5 boroughs of NYC, Westchester, Putnam, Nassau and Suffolk counties. Founded by Irving Hershkowitz, a legend in the New York beverage world, Big Geyser started as a small operation and has transformed into one of the largest distributors of premium non-alcoholic beverages and snacks in the country. For more information about Big Geyser, please visit www.biggeyser.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 LemonadeTM’ 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.

Contacts:

For Investors
Phil Thomas
Long Island Iced Tea Corp.
1-855-542-2832
info@longislandteas.co

Source: Long Island Iced Tea Corp.
 

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Recent Long Island Iced Tea Corp. News:

Long Island Iced Tea Corp. Announces New Distribution Partnership in the Southeast with W. Lee Flowers
 

Long Island Iced Tea(R) to be Sold in Over 80 IGA and Independent Supermarkets in the Carolinas and Georgia

HICKSVILLE, NY -- (Marketwired) -- 04/11/17 -- Long Island Iced Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company focused on the ready-to-drink ("RTD") segment in the beverage industry, today announced that it has partnered with W. Lee Flowers and Company ("W. Lee Flowers") to distribute its flagship brand Long Island Iced Tea® in over 80 IGA and independent supermarkets in North Carolina, South Carolina and Georgia.

Philip Thomas, Chief Executive Officer of the Company, commented, "Alongside Ingles and Food Lion, this new partnership continues to broaden our strategic presence in the Southeast. W. Lee Flowers is a premier grocery retailer and with its strong network will help us to further solidify our presence in the region."

W. Lee Flowers is one of the largest grocery retailers headquartered in South Carolina and supplies over 80 IGA and independent supermarkets. IGA is the world's largest voluntary supermarket network, with operations in 46 states and more than 30 countries around the world. Long Island Iced Tea® will be available through W. Lee Flowers in gallon bottles.

About W. Lee Flowers:

W. Lee Flowers was founded in 1922 and is based in Lake City, SC. As an IGA Licensed Distribution Center, W. Lee Flowers and Company operates or supplies over 80 IGA and independent supermarkets in the Carolinas and Georgia. It ranks as one of the largest South Carolina-headquartered grocery retailers and is the only retailer based in Florence County.

About IGA:

IGA is the world's largest voluntary supermarket network with aggregate worldwide retail sales of more than $36.5 billion per year. The Alliance includes over 5,000 Hometown Proud Supermarkets worldwide, supported by 29 distribution centers and more than 30 major manufacturers, vendors and suppliers encompassing everything from grocery to equipment items. IGA has operations in 46 States and more than 30 countries around the world.

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 all-natural, 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.

Contacts:

For Investors Phil Thomas
Long Island Iced Tea Corp.
1-855-542-2832
info@longislandteas.com

Source: Long Island Iced Tea Corp.

Long Island Iced Tea Corp. Expands Distribution in Northeast through Partnership with Kinney Drugs
 

Long Island Iced Tea(R) Available at All Kinney Drugs Locations

HICKSVILLE, NY -- (Marketwired) -- 04/04/17 -- Long Island Iced Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company focused on the ready-to-drink ("RTD") segment in the beverage industry, today announced that its beverages will now be sold through Kinney Drugs, which operates nearly 100 drug store locations across New York and Vermont.

Philip Thomas, Chief Executive Officer of the Company, stated, "We are very excited to establish this new relationship with Kinney Drugs and further expand our distribution network, as Kinney Drugs is a high-quality, locally committed and employee-owned company that shares our commitment to the customer and to the communities we serve. Our brand has its roots in the Northeast and this partnership will further strengthen our presence across this market."

Long Island Iced Tea® is a RTD tea that will be available in both 20 ounce and gallon bottle sizes, with flavors including Lemon, Green Tea & Honey and Southern Sweet Tea.

About Kinney Drugs

Kinney Drugs is the drug store division of KPH Healthcare Services, Inc., a leading pharmacy health care company that strives to provide the highest-quality pharmacy, health and retail services in the communities served. Founded in 1903 by Burt Orrin Kinney, Kinney Drugs now operates nearly 100 drug stores in Central and Northern New York and Vermont, as well as a distribution center. Kinney Drugs is an employee-owned company headquartered in upstate New York. For more information, visit www.kinneydrugs.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 all-natural, 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.

Contact:

For Investors Phil Thomas
Long Island Iced Tea Corp.
1-855-542-2832
info@longislandteas.com

Source: Long Island Iced Tea Corp.

Long Island Iced Tea Corp. Continues Expansion into Latin America with New Distribution Agreement in Colombia
 

Announces First Partnership in South America

HICKSVILLE, NY -- (Marketwired) -- 02/07/17 -- 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 a new partnership to distribute its beverages in Colombia through Diviza S.A. ("Diviza").

With an estimated population of over 47 million, Colombia is the second largest country in South America1. The NARTD tea market in Colombia has grown at a 32% CAGR from 2010 to 2015, and is expected to grow another 26% to reach COP$585 billion (USD$205 million) by 20202.

Philip Thomas, Chief Executive Officer of the Company, stated, "We are extremely proud and excited to be announcing our first partnership in South America. This partnership continues the international expansion of our flagship Long Island Iced Tea® brand as well as our recently acquired ALO Juice® brand. We believe that Diviza is a great local partner in Colombia, which covers a significant amount of the country and maintains relationships with major chain accounts such as Grupo Éxito and Olímpica."

"We are very excited to welcome Long Island Iced Tea® and ALO Juice® to our portfolio and glad we look forward to working together to build these brands in our market," added Mauricio Zapata, co-founder of Diviza S.A.

Long Island Iced Tea® is an NARTD tea that will be available in 18oz bottles. ALO Juice® is an NARTD functional beverage that will be available in 0.5 liter and 1.5 liter bottles.

About Diviza S.A.

Diviza S.A. was founded in Barranquilla, Colombia on November 29, 1983. Its distribution covers approximately 40% of Colombia, including the whole Atlantic coast region. Diviza S.A. employs over 30 individuals, distributes to over 1,500 locations and 700 auto-servicios (gas stations), and works with the biggest wholesalers in the region. Diviza S.A. provides direct distribution to major chain accounts in the region such as Grupo Éxito, Olímpica and PriceSmart.

About Long Island Iced Tea Corp.

Headquartered in Long Island, New York, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price. The Company is currently organized around its flagship brand Long Island Iced Tea®, a premium, ready-to-drink iced tea sold primarily on the East Coast of the United States through a network of regional chains and distributors. 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.

1 Central Intelligence Agency. The World Factbook. 2016
2 Euromonitor International. "RTD Tea in Colombia". February 2016

Contacts:

For Investors Phil Thomas
Long Island Iced Tea Corp.
1-855-542-2832
info@longislandteas.com

Source: Long Island Iced Tea Corp.

Long Island Iced Tea(R) Named Exclusive Iced Tea of The New Coliseum Presented By New York Community Bank
 

HICKSVILLE, NY -- (Marketwired) -- 02/16/17 -- Long Island Iced Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company focused on the ready-to-drink ("RTD") tea segment in the beverage industry, has formed an alliance with Brooklyn Sports & Entertainment to become the official iced tea of Nassau Veterans Memorial Coliseum Presented By New York Community Bank.

The New Coliseum Presented By NYCB will re-open on April 5th with a sold-out Billy Joel show. When complete, the venue will host hundreds of events annually, including concerts, family shows, and sports, such as college basketball, hockey, MMA, and boxing, as well as outdoor festivals and other major events.

"Our company carries the Long Island name and our brand Long Island Iced Tea® carries the legend and heritage of Long Island," said Phil Thomas, Chief Executive Officer of Long Island Iced Tea Corp. "We are very excited to secure such a blue chip partnership with such an iconic venue that has truly established itself as the epicenter and entertainment hub of Long Island."

Long Island Iced Tea® will have exclusive serving rights in the venue, including all concession stands and luxury suites. The alliance also includes high-profile interior and exterior LED branding, as well as digital and retail promotional opportunities.

"We are pleased that Long Island Iced Tea Corp. has joined our family of corporate partners at The New Coliseum Presented By NYCB and will bring local flavor to our diverse beverage offerings," said Mike Zavodsky, Executive Vice President of Global Partnerships.

"You can't find a better, more passionate audience in the country than New York, and we are looking forward to developing exciting marketing programs that will highlight the strengths of our brand and enhance the customer experience at the New Coliseum," Thomas said. "To celebrate the re-opening, we will be announcing an official giveaway campaign for a chance to win tickets to the sold-out show on April 5th."

About Long Island Iced Tea Corp. Headquartered in Long Island, New York, Long Island Iced Tea Corp. operates in the ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price. The Company is currently organized around its flagship brand Long Island Iced Tea®, a premium, ready-to-drink iced tea sold primarily on the East Coast of the United States through a network of regional chains and distributors. The Company's website is www.longislandicedtea.com.

About Brooklyn Sports & Entertainment Brooklyn Sports & Entertainment (BSE) develops and operates state-of-the-art venues and manages premier sports franchises, delivering dynamic content and experiences for audiences. BSE oversees programming, marketing, sales, and operations for Barclays Center and Nassau Veterans Memorial Coliseum presented by New York Community Bank, and manages and controls the NBA's Brooklyn Nets and its Development League team, the Long Island Nets, as well as the business operations of the NHL's New York Islanders.

Barclays Center, which opened on September 28, 2012, offers 17,732 seats for basketball, 15,795 for hockey, and up to 19,000 seats for concerts, and has 101 luxury suites, four bars/lounges, four clubs, and 40/40 CLUB & Restaurant by American Express.

The New Coliseum Presented by NYCB, scheduled to reopen April 5, 2017 after extensive renovation, will offer 13,000 seats for hockey, 13,500 for basketball, and 14,500 for standard concert configurations, with the ability to flex up. The bowl will have a theater seating option for 4,000 guests. With a focus on emerging businesses, BSE identifies and creates alliances, strategic partners and other business opportunities to ensure the success of its assets.

For additional information, please visit Brooklynse.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.

Contacts:

For Investors Phil Thomas
Long Island Iced Tea Corp.
1-855-542-2832
info@longislandteas.com

Brooklyn Sports & Entertainment Contacts:

Mandy Gutmann Senior Director of Communications
Phone 718.942.9587
mgutmann@brooklynse.com

Stuart Bryan Communications Manager
Phone 718.942.9574
sbryan@brooklynse.com

Brittany Borsanyi Communications Coordinator
Phone 718.942.9069
bborsanyi@brooklynse.com

Source: Long Island Iced Tea Corp.

Long Island Iced Tea Corp. Looks to Expand its ‘Better-For-You’ Beverage Portfolio by Entering into Agreement to Acquire ALO Juice®
 

First Brand Acquisition in Company History

HICKSVILLE, NY -- (Marketwired) -- December 9, 2016 -- Long Island Iced Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company focused on the ready-to-drink (“RTD”) tea segment in the beverage industry, today announced that it has reached an agreement to acquire the ALO Juice® beverage brand and trademark rights from The Wilnah International, LLC (“Wilnah”) for a purchase price of 5,000 shares of the Company’s common stock.

The closing of the transaction is subject to customary conditions, and is expected to occur in the first quarter of 2017.

The Company has acted as a distributor of ALO Juice® since February 2016 and has sold nearly $1 million of ALO Juice® to date. According to Chicago-based market research SPINS LLC this segment of the beverage market is projected to continue to grow worldwide for the foreseeable future with the total U.S. market having grown 11% in the past year to $146 million. The Company believes the acquisition will further enable it to meet growing consumer demand for better-for-you beverages. Philip Thomas, Chief Executive Officer of the Company, stated, “We are continuing to see a shift towards healthier beverages and ALO Juice® offers a product which is aligned with this movement.”


Mr. Thomas further commented, “Alo Juice® is a terrific brand. We are excited that it will mark the first brand acquisition in our five-year history. We expect this acquisition to provide our Company with the ability to capitalize on the growth in the better-for-you beverage category, both in the U.S. and international markets, alongside our flagship Long Island Iced Tea brand®.”

ALO Juice® is a NARTD functional beverage made from juice derived from the aloe plant known as aloe vera. ALO Juice® sources its aloe plants from harvests in Thailand. The plants are exported from there to South Korea where they are processed in a unique whole leaf manner to ensure the nutritional and heath benefit are maintained from the plant all the way through to the bottling process. ALO Juice® is packed in 0.5 liter and 1.5 liter bottles, with a wide variety of flavors including Original, Mango, Pomegranate, Pineapple and Raspberry.
Aloe vera juice has experienced a rapid boost in popularity as studies have shown that aloe vera contains a wealth of nutrients, including vitamins A, C, E, and B12, as well as minerals like potassium, zinc, and magnesium.[1] It also provides powerful antioxidants, helps to balance metabolism[2], and even supports normal circulation and blood pressure .[3]


About ALO Juice®

ALO Juice® has been imported from Korea and distributed in New York City since 2008. In 2012, ALO Juice® expanded into the Florida marketplace. ALO Juice® is distributed in 0.5 liter and 1.5 liter bottles, with flavors including original, mango, pomegranate, pineapple and raspberry. It is owned by Wilnah Distributors, LLC and headquartered in Miami, Florida. For more information, visit www.alojuice.com.

About Long Island Iced Tea Corp.

Headquartered in Long Island, New York, Long Island Iced Tea Corp. operates in the ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price. The Company is currently organized around its flagship brand Long Island Iced Tea®, a premium, ready-to-drink iced tea sold primarily on the East Coast of the United States through a network of regional chains and distributors. 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 the possibility that the acquisition does not close, including due to the failure to achieve various closing conditions, the Company’s 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.

Contacts:

For Investors
Phil Thomas
Long Island Iced Tea Corp.
1-855-542-2832
info@longislandteas.com
 

Source: Long Island Iced Tea Corp.
 

Long Island Iced Tea Corp. Announces New Distribution in Puerto Rico through SuperMax
 

Long Island Iced Tea® Available at 16 SuperMax Locations Across Puerto Rico

HICKSVILLE, NY -- (Marketwired) -- December 1, 2016 -- Long Island Iced Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company focused on the ready-to-drink (“RTD”) tea segment in the beverage industry, today announced that it has secured placement of its flagship brand Long Island Iced Tea® in all 16 SuperMax locations across Puerto Rico.

This new partnership with SuperMax is the result of the Company’s recently announced distribution agreement with Tres Monjitas, one of the premier beverage distributors in Puerto Rico.

Philip Thomas, Chief Executive Officer of the Company, stated, “We are very excited to further enhance our brand and distribution in Puerto Rico through this new partnership. SuperMax is a large and well-known retailer in Puerto Rico, and we look forward to providing their customers with our high-quality beverages at an affordable price.”

Long Island Iced Tea® is a RTD tea that will be available in SuperMax in 20 ounce bottles.

About SuperMax

Supermax is a supermarket chain with 16 locations across Puerto Rico. The SuperMax experience is characterized by its wide variety of products of the highest quality, combined with a standard unsurpassed service and commitment. To learn more about SuperMax, visit www.supermaxpr.com.

About Long Island Iced Tea Corp.

Headquartered in Long Island, New York, Long Island Iced Tea Corp. operates in the ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price. The Company is currently organized around its flagship brand Long Island Iced Tea®, a premium, ready-to-drink iced tea sold primarily on the East Coast of the United States through a network of regional chains and distributors. 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.

Contacts:

For Investors
Phil Thomas
Long Island Iced Tea Corp.
1-855-542-2832
info@longislandteas.com
 

Source: Long Island Iced Tea Corp.
 

Long Island Iced Tea Corp. Unveils New Look for Flagship Brand
 

New Bottle and Label Design Unveiled

HICKSVILLE, NY -- (Marketwired) -- 11/29/16 -- Long Island Iced Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company focused on the ready-to-drink ("RTD") tea segment in the beverage industry, today unveiled a new 18oz bottle and label design for its flagship Long Island Iced Tea® brand.

Philip Thomas, Chief Executive Officer of the Company, stated, "As our brand continues to build momentum with retail and distribution partnerships forming across the East Coast and Midwest, now is the perfect time to refresh the look of our labeling and packaging."

The new label has a bolder structure with more cleanly designed label features, placing a stronger emphasis on the brand's premium ingredients such as natural fruit flavoring, and the health benefits of non-GMO and 100% raw cane sugar, which is unique within the RTD tea market. The real fruit photography with naturally made moisture droplets accentuates the authentic and fresh spirit of the Long Island Iced Tea® products.

Another unique featured added to the new bottle design is the customized bottle cap printed with a refined Long Island Iced Tea® logo along with informative health cues such as "no additives", "non-GMO" and "low calories" for the diet options, further reinforcing the health messages.

Mr. Thomas added, "In addition to the 'better for you' message, we wanted the label to immediately evoke thoughts of our core concept -- a premium and refreshing beverage -- while at the same time subtly incorporate our brand elements such as white weatherboards, which are synonymous to the beach and coastal areas on Long Island." The premium look of the new packaging contemporizes the Long Island Iced Tea® brand whilst celebrating heritage and cultural associations to it.

The introduction of the new bottle will see the package size change from a 20oz bottle size to a 18oz bottle size, with the sleek and slimmer design being more compact, making it easier for customers to carry and consume. The new bottles are expected to reach retail stores in early 2017.

Mr. Thomas concluded, "While our new bottle and refreshed designs will begin to roll out across stores at the start of 2017, what will not change is the same great taste of Long Island Iced Tea® that our valued customers know and love."

Long Island Iced Tea® is a RTD tea available in both single-serving and gallon bottle sizes, with flavors including Lemon, Peach, Raspberry, Mango, Guava, Southern Sweet Tea, Green Tea & Honey, Half Tea & Half Lemonade, Diet Lemon and Diet Peach.

About Long Island Iced Tea Corp.

Headquartered in Long Island, New York, Long Island Iced Tea Corp. operates in the ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price. The Company is currently organized around its flagship brand Long Island Iced Tea®, a premium, ready-to-drink iced tea sold primarily on the East Coast of the United States through a network of regional chains and distributors. 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.

Contacts:

For Investors Phil Thomas
Long Island Iced Tea Corp.
1-855-542-2832
info@longislandteas.com

Source: Long Island Iced Tea Corp.
 

Long Island Iced Tea Corp. Announces New Distribution Partnerships in the Southeast with Southeast Beverage and Milestone Beverage
 

Long Island Iced Tea(R) To Be Sold Through Southeast Beverage and Milestone Beverage in North and South Carolina

HICKSVILLE, NY -- (Marketwired) -- 11/22/16 -- Long Island Iced Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company focused on the ready-to-drink ("RTD") tea segment in the beverage industry, today announced new partnerships with Southeast Beverage Distributing ("Southeast Beverage") and Milestone Beverage, LLC ("Milestone Beverage") to distribute its beverages in North Carolina and South Carolina.

Southeast Beverage and Milestone Beverage service over 1,500 customers in Charlotte, North Carolina as well as Charleston and Columbia in South Carolina.

Philip Thomas, Chief Executive Officer of the Company, stated, "We are excited to begin these new partnerships as we continue to broaden our presence in the Southeast. Both Southeast Beverage and Milestone Beverage provide a great opportunity to further expand into the Southeast, reinforcing the validity of our strategy to progress from distributors to regional chains to national chains."

About Southeast Beverage Distributing

Southeast Beverage began in 2008 with a single owner/operator and has grown into a company that employees a staff of 21, with multiple distribution centers in North and South Carolina. It is partnered with national chains and independent suppliers, and has over 500 company owned cooler placements in the market in over 1,500 retail accounts. Chain customers include Kroger, Wal-Mart, 7-Eleven and QuikTrip. The portfolio of beverages includes juice, energy drinks, carbonated soft drinks, iced teas, sparkling waters, alkaline waters, recovery drinks, sports drinks, mixers, wine and craft beer. To learn more about Southeast Beverage, visit www.se-bev.com.

About Milestone Beverage, LLC

Founded by Tyler Miles and headquartered in Lexington, South Carolina, Milestone Beverage is an alcohol and non-alcohol beverage distributor in North and South Carolina. To learn more about Milestone Beverage, visit www.milestonebeverage.com.

About Long Island Iced Tea Corp.

Headquartered in Long Island, New York, Long Island Iced Tea Corp. operates in the ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price. The Company is currently organized around its flagship brand Long Island Iced Tea®, a premium, ready-to-drink iced tea sold primarily on the East Coast of the United States through a network of regional chains and distributors. 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.

Source: Long Island Iced Tea Corp

Long Island Iced Tea Corp. Receives First Purchase Order from Food Lion Ahead of Schedule
 

Long Island Iced Tea(R) Available in Over 1,000 Locations by Early December

HICKSVILLE, NY -- (Marketwired) -- 11/21/16 -- Long Island Iced Tea Corp. (NASDAQ: LTEA) (the "Company"), a growth-oriented company focused on the ready-to-drink ("RTD") tea segment in the beverage industry, today announced that it has received its first purchase order from Food Lion LLC ("Food Lion").

Long Island Iced Tea® will be available in all Food Lion locations, representing over 1,000 stores across the Southeastern and Mid-Atlantic states, by early December in both 20 ounce and gallon bottles. This is the largest partnership in the Company's five-year history and the second major partnership for the Company in the Southeast.

Philip Thomas, Chief Executive Officer of the Company, stated, "This partnership with Food Lion is the largest in our company's history, and we are excited to be available in all of its stores by next month. The Company has achieved significant milestones in 2016, and receiving this first purchase order from our largest ever partnership is a fantastic way to finish the year. As one of the premier regional chains, Food Lion's support further confirms our belief that our flagship Long Island Iced Tea® brand, a premium tea brewed with all natural ingredients, offered to consumers at an affordable price, positions our company as an attractive partner across many geographies."

To locate your nearest available Food Lion store, please visit www.foodlion.com/stores.

About Food Lion LLC

Food Lion, based in Salisbury, N.C., since 1957, has more than 1,000 stores in 10 Southeastern and Mid-Atlantic states and employs more than 65,000 associates. By leveraging its longstanding heritage of low prices and convenient locations, Food Lion is working to own the easiest full shop grocery experience in the Southeast, anchored by a strong commitment to affordability, freshness and the communities it serves. Through Food Lion Feeds, the company has committed to provide 500 million meals to individuals and families in need by the end of 2020. Food Lion is a company of Delhaize America, a U.S. division of Amsterdam-based Royal Ahold Delhaize Group (OTCQX: ADRNY). For more information, visit www.foodlion.com.

About Long Island Iced Tea Corp.

Headquartered in Long Island, New York, Long Island Iced Tea Corp. operates in the ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price. The Company is currently organized around its flagship brand Long Island Iced Tea®, a premium, ready-to-drink iced tea sold primarily on the East Coast of the United States through a network of regional chains and distributors. 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.

Source: Long Island Iced Tea Corp.

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About Long Island Iced Tea Corp. (NASDAQ: LTEA):
 

Corporate Information
Long Island Iced Tea Corp. operates in the ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price.

The Company is currently organized around its flagship brand Long Island Iced Tea, a premium, ready-to-drink, proprietary recipe iced tea sold primarily on the East Coast of the United States through a network of national and regional retail chains and distributors.

Taste That Transports You

At Long Island Iced Tea we carefully crafted an iced tea that reminds you of those sun-drenched days spent on the beach.

From Mother Nature
Using only natural fruit flavoring, pure 100% cane sugar and non-GMO tea leaves (unlike the other guys that prefer to use tea-flavored syrup powered), a refreshingly natural beverage was created. Natural and Premium, from Mother Nature's Top Shelf.

Brewed With Passion

With our founder a proud Long Islander, born and raised on these pure shores and a self-proclaimed “health-nut”, every sip releases a sense of guilt-free escapism from your fast paced surroundings.

Embrace The Moment
Whether it is a quick lunch on the run or an energized barbeque on the beach, our Long Island Iced Tea’s makes every moment extraordinary.

Our Teas

Long Island Iced Tea all starts with our premium, hand-picked tea leaves and a brewing process that results in a light, memorable taste. Add to that all-natural fruit flavor, non GMO ingredients and a pinch of pure cane sugar, and you have one seriously thirst quenching drink.

Did you know that the average person in the US consumes about 142 pounds a year of sugar, most of which is high fructose corn syrup? So how bad could high fructose corn syrup really be? Here are our top 4 reasons.

High fructose corn syrup has been linked to many different health issues, and research shows that contaminants, including high levels of mercury, are often present in your food or drink.

High fructose corn syrup has little to no nutritional value and a large number of empty calories, so while you might feel full, your body is still craving nutrients.

The products most people rely on to lose weight are often the ones highest in fructose, making it harder for people to lose weight, especially in a healthy way.

Sugar isn’t just sugar. When you eat 120 calories of glucose, less than one calorie is stored as fat, but when you consume 120 calories of fructose, it leads to 40 calories being stored as fat. That’s basically like consuming fat!

Some people suggest using artificial sweeteners or agave syrup as alternatives to high fructose corn syrup, but in the long run, they can be even more damaging to your health than fructose. On the other hand, raw cane sugar only has 15 to 20 calories per teaspoon, and contains a large amount of the original vitamins and nutrients found in sugar cane.

High fructose corn syrup is far from natural and neither are its alternatives, and our bodies deserve better. That’s why Long Island Iced tea only uses 100% Raw Cane Sugar in our iced teas, because we believe in smarter beverage choices that still taste great, without the potential damaging health effects.

So the next time you’re reaching for your favorite sugary drink, consider what heathier alternate option are available and pick yourself up a nice cold and refreshing Long Island Iced Tea.

Management

Philip J. Thomas
CHIEF EXECUTIVE OFFICER
Philip J. Thomas has served as the Chief Executive Officer and Chairman of the Board of Long Island Iced Tea Corp. since May 27, 2015. Mr. Thomas also has served as the Chief Executive Officer of Long Island Brand Beverages LLC since its formation in February 2011 and previously served as the Managing Member and a member of the board of managers of Long Island Brand Beverages LLC from February 2011 until May 2015. Since 2005, Mr. Thomas has also served as President of Capital Link LLC, a nationally recognized ATM processing network that he founded. Capital Link partnered with, among others, WSFS Bank (NASAQ: WSFS), Cash Connect, RBSWorldPay (RBS) and Switch Commerce, and these parties, in the aggregate, fund over 13,000 ATMs in all 50 states with over $8 billion annually.

From 2008 to November 2010, he served as Chief Executive Officer of KarbonEx Corp, a company he founded dedicated to creating innovative, market driven solutions to address climate change and resolve the way businesses impact the environment. Prior to this, Mr. Thomas revitalized his family’s 45 year old food and beverage distribution business, Magnum Enterprises, by creating strategic partnerships with Coca-Cola, Vitamin Water and Kelloggs. Mr. Thomas began his career in 1998 while attending college at James Madison University where he created Highlawn Restaurant & Lounge, which he sold in 2001. Mr. Thomas was a Division 1 GTE scholar athlete and graduate of James Madison University.

Peter Dydensborg
CHIEF OPERATING OFFICER
Peter Dydensborg has served as the Long Island Iced Tea Corp.’s Chief Operating Officer since May 27, 2015. Mr. Dydensborg also has served as Chief Operating Officer of Long Island Brand Beverages LLC since January 2014. From 2004 to January 2014, Mr. Dydensborg served as Director of Sales Off Premise for Phoenix Beverages New York (“Phoenix”). Phoenix was the largest Heineken Beer distributor in the United States. During his ten year career with Phoenix, Mr. Dydensborg’s role was to create innovative market solutions in cooperation with national brewers to drive sales and market share. From 1994 to 2004, Mr. Dydensborg was with The Keebler Company which was later acquired by the Kellogg Company.

While with these companies, Mr. Dydensborg was promoted into several roles throughout the east coast, including managing the Metro New York Zone Market (sales and operations) and restoring the Atlanta Zone market (which included Florida and Alabama). Prior to this, Mr. Dydensborg was with CPC International (which sold products such as Arnold Bread and Thomas English Muffins) in an Account Management Role. He managed several leading retailers in the metro New York market in this position. Mr. Dydensborg started he career in 1987 in sales management with the New York CocaCola Bottling company in the New Jersey market. Mr. Dydensborg is a graduate from Georgia State University and was a member of the Georgia State Soccer team in the SEC conference.

James Meehan
CHIEF ACCOUNTING OFFICER
James Meehan has served as the Company’s Chief Accounting Officer of Long Island Iced Tea Corp. since May 27, 2015. Mr. Meehan also has served as the Chief Accounting Officer of Long Island Brand Beverages LLC since June 2014. From 2003 to June 2014, Mr. Meehan was employed by Marcum LLP, a public accounting firm where he serviced a wide variety of publicly and privately held companies. Mr. Meehan is a graduate of Manhattan College. Mr. Meehan is a Certified Public Accountant.

Joseph Caramele
VP NATIONAL SALES & MARKETING - NON-ALCOHOL
Joseph Caramele joined Long Island Iced Tea Corp in February 2016 as the VP National Sales & Marketing - Non-alcohol. He comes to Long Island Iced Tea with nearly ten years of experience in the beverage and iced tea industries. In his most recent role as the Executive National Sales Director for Arizona Beverages USA (Arizona Iced Tea), he managed a team of 85 individuals, and a portfolio of over 100 accounts, totaling nearly $750 million in sales. Before joining Arizona Beverages in 2006, Joseph was the Finance Director of Cox National Funding, from 2002 to 2006.

Richard B. Allen
CHIEF FINANCIAL OFFICER
Mr. Allen joined the Company as Chief Financial Officer in May 2016. Mr. Allen previously worked for Beverage Innovations, an incubator beverage company, serving on its Board of Directors from July 2011 to November 2015 and serving as Chief Financial Officer from July 2011 to September 2012. Prior to Beverage Innovations he was a consultant to various beverage companies from 2007 to 2011. For over ten years Mr. Allen previously held various senior positions at Snapple and Cadbury Schweppes, who purchased Snapple in 2000 from Triarc Industries. He served as Senior Vice President of Business Development and Mergers and Acquisitions for Cadbury Schweppes Americas Beverages from 2006 to 2007. Mr. Allen also served as General Manager of Pacific Snapple Distributors from 2004 to 2005, Senior Vice President of Business Development and M&A for Snapple Distributors from 2003 to 2004 and Chief Financial Officer of Snapple Beverage Group from 1997 to 2003. Before joining Snapple, Mr. Allen worked for RJR Nabisco, previously Nabisco Brands and Standard Brands, from 1979 to 1996 in various audit, accounting and analytic positions culminating in Vice President and Corporate Assistant Controller. Mr. Allen began his career in public accounting with PriceWaterhouse Coopers from 1977 to 1979. Mr. Allen received a BS in Accounting from Lehigh University in 1977 and an MBA in Finance from Fairleigh Dickinson University in 1993. Mr. Allen is a Certified Public Accountant..

SOURCE: www.longislandicedtea.com

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