Fort Lauderdale , March 21, 2016 (GLOBE NEWSWIRE) -- DNA brands Inc is pleased to announce that since the change in management effective Feb 1st 2016 the company has set up a joint venture agreement with Accel Brands Inc, has actively been reaching out to it’s creditors to begin the process of eliminating debt off of the books of the company and has been evaluating new locations for the company headquarters.
DNA Brands recent joint venture with Accel Brands Inc, has brought Mr. Janon Costley to begin working with the company. Mr. Costley duties in the joint venture will be to reintroduce the DNA Brand of beverages back into retail, also product re-development. Through the joint venture, Mr. Costly brings a wealth of brand and retail distribution to DNA Brands Inc.
Mr. Janon Costley, is a business executive with over 15 years of experience in brand development, licensing and operations. Mr. Costley has consistently been able to utilize his unique entrepreneurial spirit and keen market insight to identify quality, revenue generating, brand extension, acquisition, licensing and distribution opportunities for companies in the retail and consumer products sectors. Throughout his career Mr. Costley has been involved with many major consumer products companies , including Skechers, Toyota, Exxon-Mobil, MCM, Converse, Pony, FIFA , YMLA, Roland Garros, and boutique brands such as Loudmouth Golf, Mano Swartz Furs, Tiny’s Tequila, Carmen Brown Sweet Tea Rum, Bon Fun Cognac, Kamasutra Vodka and Copa Imperial Tequila as well as many others as either a licensee, brand manager, owner/operator or consultant. Mr. Costley is Co-Founder of boutique licensing and brand extension agency, The Brand Liaison, CEO/Chairman of Affinity Beverage Group, Inc/Village Tea Company Distribution, Inc. and Co-founder of STI Signature Spirits Group, LLC where he has been integral part of developing the company's existing portfolio and sales and marketing platform. Mr. Costley holds a Bachelor's Degree from North Carolina A&T State University.
The Conference call is set for 2pm April 20th 2016. Topics of discussion will include
- Product development
-Medicinal healing/ energy drinks
-Alcohol based drinks
-Energy shot development
2. Brand development of DNA Brands Inc
3. Retail and Commercial distribution channels
4. Evaluating the retail and commercial market for both alcoholic and non alcoholic
5. Revenue production
About Accel Brands, Inc:
The mission of Accel Brands Inc, (OTC Pink: ACLP), (www.accelbrandsinc.com) , is to create a dynamic, vertically integrated, beverage holding company, primarily focused on the spirit, wine and beer sector, through acquisitions, brand development, joint ventures, and exclusive sales and marketing agreements. The Company’s planned strategy focuses primarily on small revenue generating companies that have young, niche brands with superior products and high potential for growth in key domestic and international markets.
About DNA Brands Inc.:
DNA Brands, Inc. produces, markets, and sells carbonated blends of energy drinks in the United States. The company is a Two time winner of the “World’s best tasting energy drink” (2010, 2012). The company currently owns intellectual property of eight flavors and blends.
Notice: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10 filing and other filings with the U S. Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
DNA Brands Inc
Source:DNA Brands Inc.