AIRPORT CITY, Israel and
TAMPA, Fla., March 12, 2013 /PRNewswire/ -- SodaStream
International, Ltd. (NASDAQ: SODA), the world's leading
manufacturer and distributor of home carbonation systems, today
announced a strategic agreement with Cott Beverages Inc., a
subsidiary of Cott Corporation (NYSE: COT, TSX: BCB), to produce
flavors made specifically for the SodaStream carbonation
system. Cott Corporation is one of the world's largest
producers of beverages on behalf of retailers, brand owners and
distributors. The initial production will consist of existing
SodaStream flavors and will take place at Cott's primary
concentrate production facility in Columbus, Georgia. Terms
of the deal were not disclosed.
"SodaStream has done a great job in bringing innovation, choice
and convenience to the consumer via their at-home soda system,"
stated Jerry Fowden, CEO of Cott
Corporation. "We look forward to working with SodaStream as
they continue to innovate and grow."
"The increasingly high demand for our flavors in America will
now be more easily met by utilizing Cott's manufacturing footprint,
and we are proud to bring production of SodaStream flavors to the
USA," stated Daniel Birnbaum, CEO of SodaStream.
"State-of-the-art production, combined with years of expertise in
flavor creation makes Cott an exceptional partner to have as we
increase our syrup capacity to meet growing demand and look to
broaden our product portfolio with new, great tasting flavors."
SodaStream Contact
Yonah
Lloyd
Chief Corporate Development and Communications Officer
yonahl@sodastream.com
+972-3-976-2462
Cott Corporation Contact
Michael C. Massi
Director of Investor Relations
mmassi@cott.com
(813) 313-1786
About SodaStream
SodaStream is the world's leading manufacturer and distributor
of home beverage carbonation systems which enable consumers to
easily transform ordinary tap water instantly into carbonated soft
drinks and sparkling water. Soda makers offer a highly
differentiated and innovative solution to consumers of bottled and
canned carbonated soft drinks and sparkling water. Our products are
environmentally friendly, cost effective, promote health and
wellness, and are customizable and fun to use. In addition, our
products offer convenience by eliminating the need to carry bottles
home from the supermarket, to store bottles at home or to regularly
dispose of empty bottles. Our products are available at more than
60,000 retail stores in 45 countries around the world, including
15,000 retail stores in the United States. For more
information, visit http://www.sodastream.com. SodaStream's IR
app features SEC documents, press releases, videos, presentations,
instant notifications and more. To download the IR App please
visit http://itunes.apple.com/us/app/soda-ir/id524423001?mt=8 for
your iPhone/iPad or
https://play.google.com/store/apps/details?id=com.theirapp.soda for
your Android mobile device.
About Cott Corporation
Cott is one of the
world's largest producers of beverages on behalf of retailers,
brand owners and distributors. Cott produces multiple types
of beverages in a variety of packaging formats and sizes, including
carbonated soft drinks, 100% shelf stable juice and juice-based
products, clear, still and sparkling flavored waters, energy
products, sports products, new age beverages, and ready-to-drink
teas, as well as alcoholic beverages for brand owners. Cott's
large manufacturing footprint, substantial research and development
capability and high-level of quality and customer service enables
Cott to offer its customers a strong value-added proposition of low
cost, high quality products. With approximately 4,000
employees, Cott operates manufacturing facilities in the United States, Canada, the United
Kingdom and Mexico. Cott also develops and
manufactures beverage concentrates, which it exports to over 50
countries around the world.
www.cott.com
Forward Looking Statements
This release contains
forward-looking statements, which express the current beliefs and
expectations of management. Such statements are based on
management's current beliefs and expectations and involve a number
of known and unknown risks and uncertainties that could cause our
future results, performance or achievements to differ significantly
from the results, performance or achievements expressed or implied
by such forward-looking statements. Important factors that could
cause or contribute to such differences include risks relating to:
our ability to expand into our target markets, including
the United States; our ability to
continue to develop or maintain our presence in retail networks;
our ability to develop and implement production and operating
infrastructure to effectively support our growth; the success of
our marketing campaigns and media spending in terms of increased
sales or increased product and brand name awareness; our ability to
maintain our customer base in markets where we have an established
presence; the risks associated with our reliance on exclusive
arrangements for the distribution of our beverage carbonation
systems and consumables in each of the markets in which we use
third-party distributors; our ability to compete effectively with
other companies which currently offer, or may offer in the future,
competing products; potential product liability claims if any
component of our beverage carbonation systems is misused; our
ability to protect our intellectual property rights; our being
found to have a dominant position in certain markets which may
place limits on our ability to operate; risks associated with our
being a multinational corporation, including fluctuations in
currency exchange rates; our potential exposure to greater than
anticipated tax liabilities; our products being subject to
extensive governmental regulation in the markets in which we
operate; adverse conditions in the global economy which could
negatively impact our customers' demand for our products; and other
factors detailed in documents we file from time to time with the
United States Securities and Exchange Commission.
Forward-looking statements in this release are made pursuant to the
safe harbor provisions contained in the Private Securities
Litigation Reform Act of 1995.
SOURCE SodaStream International, Ltd.