DC Brands International Announces Village Tea Company's Exclusive Agreement With Mamaki of Hawaii, Inc. to Develop New Line of Blended Herbal Tea
DENVER, Oct. 3, 2013 (GLOBE NEWSWIRE) -- DC Brands International, Inc., (OTC:HRDN), a company specializing in the manufacturing of its functional beverages and health products and the Village Tea Company brand, today announced that Village Tea Company has entered into a partnership with Hawaiian tea grower and producer, Mamaki of Hawaii Inc., to develop new line of blended loose leaf tea blends and ready to drink tea based beverages, featuring Mamaki tea leaves grown at their Wood Valley plantation near Pahala on the Big Island of Hawaii. Expected to launch early next year, Village Tea Company will introduce Mama-Kii as the first product in its new line of exotic functional teas from around the world.
"Mamaki of Hawaii is pleased to partner with a professional, quality tea supplier to be able to bring this wonderful herb to the U.S. mainland. We believe Village Tea represents our company's goal to provide this healthy, indigenous Hawaiian herb to the U.S. mainland," commented Curt Borman, president of Mamaki of Hawaii.
"We are extremely excited about the potential of this relationship because it speaks to the core of our brand message of unexpected flavor combinations. As we seek to differentiate ourselves in the market place it is important that we continue to push the envelope to identify and explore different opportunities to provide our customers with unique blends and new products, especially in the functional tea category which we are just beginning to expand within our assortment. At Village Tea we pride ourselves in working with quality partners, with high quality products that allow us to continue providing healthy beverage options to our customer. As the largest producer of this product in Hawaii we feel that we have found such a partner in Mamaki of Hawaii," stated Janon Costley, CEO of Village Tea.
About DC Brands International, Inc.
DC Brands International, a publicly traded company under the ticker symbol (HRDN), presently specializes in the manufacturing of its functional beverages and health products. Established in 1998, DC Brands began producing a number of lines of energy drinks in 2005. DC Brands then purchased the assets of H.A.R.D. Nutrition and began its quest to produce a new health line of products. DC Brands has recently announced the release of its new H.A.R.D. Nutrition Functional Water Systems, which it expects will revolutionize the functional beverage category. The company also has a minority equity stake in Village Tea Company Distribution as well as a product development agreement for ready-to-drink tea based beverages.
This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict and include statements regarding the expected relationship between Village Tea and the Company and the expansion of Village Tea and the ability of Village Tea to implement its business plan. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in the forward-looking statements include, among others, the ability of the two companies to successfully work together, the market acceptance of the product, the ability of Village Tea to raise the necessary funding to implement its strategy and other factors described in our report on Form 10-K for the year ended December 31, 2012 and any other filings with the SEC. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law. Copies of these filings are available at www.sec.gov.