DENVER, COLORADO, January 23, 2018 – New Age Beverages Corporation, (NASDAQ: NBEV) the healthy functional beverage company dedicated to providing better-for-you alternatives to consumers around the world, announced today that it has become the exclusive supplier of healthy functional beverages to the Darrelle Revis Foundation (DRF). New Age will provide healthy drinks to disadvantaged children across all DRF-affiliated school districts that participate in the foundation’s Power Pak Program, as well as various additional programs.
- New Age Beverages has committed to supporting the Darrelle Revis Foundation’s efforts to combat childhood malnourishment and strengthen urban communities across America
- The Darrelle Revis Foundation will provide New Age Beverages' portfolio of healthy products at their events, and for participants in their charitable initiatives with schools, the Power Pak program, and others for the benefit of disadvantaged youth
Founded by 7-time Pro Bowler and Super Bowl Champion Darrelle Revis, the Darrelle Revis Foundation, a 501(C)(3) based in Plantation, Florida, is dedicated to the reversal of childhood malnourishment, and inspiring a commitment to daily exercise through service, mentorship, and education for impoverished students in urban communities across America. DRF’s pilot program Power Pak, provides healthy yet tasty foods and beverages that disadvantaged children can benefit from when at-home nourishment is scarce or school meal programs are unavailable. The Power Pak contains easy-to-prepare, nutritious foods, snacks, healthy beverages, and vitamins. The Pak breaks down into six healthy meals that give children all the nutrients and vitamins they need to function mentally and physically on an optimal level. Through alignment with local school districts, the food and beverages are stored in participating schools’ cafeterias. Leak proof, low density, zip-handle bags are then packed by school nutrition staff and volunteers. The Paks are discreetly distributed to eligible children on Fridays or before school breaks.
“We are always seeking alignments that provide DRF the opportunity to make an economic, social and environmental impact. We are excited to have New Age as our official beverage partner. With the support of New Age and the challenges that lie ahead, we feel confident through this partnership that we can change lives together.” – Darrelle Revis
As New Age Beverages continues its rapid growth, the company is committed to significantly expanding its engagement in various Corporate Social Responsibility (CSR) initiatives. New Age is committed to providing healthier alternatives for the more than 50% of all kids in the United States that still drink at least one soft drink per day. Ingrained in New Age’s mission is the firm belief that corporations have a responsibility to leverage their platform and function as agents of positive social change wherever possible. An essential component of that mission is to collaborate with high-impact individuals like Darrelle Revis, who are committed to setting a positive example and taking a stand, and are willing to use their vast influence to bring healthy lifestyle awareness to consumers of all backgrounds. Revis and New Age will join forces to strategically create healthier, stronger communities for America’s youth.
Emillio Torres, Vice President of Strategic Partnerships at New Age commented, “New Age is always seeking influencers and partnerships that afford us the opportunity to drive our mission to enact real, tangible change. We are extremely fortunate that Darrelle shares in our vision to deliver healthy alternatives to the planet and especially kids. We are thrilled with his personal commitment and the alignment of his foundation’s mission to our own.
For more information about the Darrelle Revis Foundation, please visit:
About New Age Beverages Corporation (NASDAQ: NBEV)
New Age Beverages Corporation is a Colorado-based healthy functional beverage company that was created in 2016 and 2017 with the combination of Búcha Live Kombucha®, XingTea®, Coco-Libre®, and Marley®, to create a one-stop-shop solution for retailers and distributors providing healthier beverages in the disruptive growth segments of the $870 Billion-dollar non-alcoholic beverage industry. In that period, New Age has become the 54th largest beverage company, the 8th largest healthy beverage company, and the fastest growing in the world. New Age competes Ready to Drink (RTD) Tea, RTD Coffee, Kombucha, Energy Drinks, Relaxation Drinks, Coconut Waters, Functional Waters, and Rehydration Beverages with the brands Búcha® Live Kombucha, XingTea®, XingEnergy®, Marley One Drop®, Marley Mellow Mood®, Marley Mate™, Marley Cold Brew™, Coco-Libre®, PediaAde™, and Aspen Pure® PH and Aspen Pure® Probiotic Water. The Company’s brands are sold across all 50 states within the US and in more than 10 countries internationally across all channels via direct and store door distribution systems. The company operates the websites www.newagebev.com, www.newagehealth.us, www.mybucha.com, www.xingtea.com, www.aspenpure.com, www.drinkmarley.com, www.cocolibre.com, and https://shop.newagebev.com.
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Safe Harbor Disclosure
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of the Company including statements regarding New Age Beverage’s expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. New Age Beverages competes in a rapidly growing and transforming industry, and other factors disclosed in the Company's filings with the Securities and Exchange Commission might affect the Company’s operations. Unless required by applicable law, NBEV undertakes no obligation to update or revise any forward-looking statements.