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Alkaline Water Co. Appoints Retail Veteran and Past President of Ralphs Grocery, Alfred Marasca to Advisory Team
|By Marketwired .
|January 21, 2014 12:41 PM EST
SCOTTSDALE, AZ -- (Marketwired) -- 01/21/14 -- The Alkaline Water Company Inc. (OTCBB: WTER) (the "Company"), developers of an innovative state of the art proprietary electrolysis beverage process, packaged and sold in 3 liter and 1 gallon sizes under the trade name Alkaline88, is pleased to announce the appointment of Alfred A. Marasca to its Advisory Board.
Mr. Marasca comes to The Alkaline Water Company as a 40 year veteran with Ralphs Grocery Company of Los Angeles, CA. He completed his tenure at Ralphs as President and Chief Operating Officer as the culmination of a career that began in Store Operations and Personnel. In 1969, he joined the Marketing Department as grocery buyer/merchandiser and subsequently held positions as frozen food/bakery buyer/merchandiser and Director of Grocery Buying and Merchandising.
Subsequently, from 1974 onward, he was appointed Vice President of Personnel/Labor Relations and as Vice President of Marketing in 1976. Promoted to Senior Vice President, Marketing in 1978; Executive Vice President, Marketing in 1985; Executive Vice President, Retail in 1991; President in 1993, and President and Chief Operating Officer in 1994 in which role he remained until his retirement from Ralphs in 1998.
In recent years, Marasca has served as Senior Advisor to Stater Brothers Supermarkets, a 4 billion dollar supermarket chain in Southern California, and on the Advisory Board of Haggens Supermarkets, an 800 million dollar supermarket chain in Washington State. Today he operates Chadbourne Communications through which he has also served as consultant to several Sales and Marketing companies throughout the Country.
Marasca holds a Bachelor's Degree in Business Administration from Loyola University, an MBA in Marketing from the University of Southern California; graduated from the Executive Program of the UCLA Graduate School of Business, and completed the Dartmouth Institute Program at Dartmouth University. Marasca is a Director, and Past-President of the Western Association of Food Chains, and a former Director of the Food Marketing Institute. His charitable and civic activities include serving as Past-President of the City of Hope Food Industry Circle, and former member of the Board of Regents of Loyola Marymount University. He was also a Director of the California Retailers Association and a member of the Board of Directors for the Los Angeles Chamber of Commerce.
Steven Nickolas, President & CEO of The Alkaline Water Company, Inc., states, "We are thrilled to have Mr. Marasca join with us at this juncture of our corporate growth. His experience and extraordinary network of contacts throughout the nation is virtually unparalleled. We are grateful to have a growing team that increasingly includes such a high caliber of talent, knowledge and leadership. I personally wish to warmly welcome him today to our team."
Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer with the Securities and Exchange Commission ("SEC") available at www.sec.gov. For more information, visit our website at www.thealkalinewaterco.com.
The Alkaline Water Company, Inc. (OTCBB: WTER)
The Alkaline Water Company Inc. has developed an innovative, state of the art, proprietary electrolysis process that produces healthy alkaline water for a balanced lifestyle. The company is focused on the business of distributing and marketing the retail sale of its cost-effectively bulk-packaged Alkaline88 water beverage products. Visit us at: www.thealkalinewaterco.com.
About Alkaline Water Products
Alkaline88's premier alkaline water is a pH balanced bottled alkaline drinking water enhanced with trace minerals and electrolytes. The product offers consumers the unique opportunity to purchase alkaline water in conveniently packaged three liter and one gallon sizes. The Alkaline Water Company Inc. is currently in the midst of a national mass markets expansion program and is already available for consumer sales at a growing number of major retail locations across many parts of the United States. Learn more about the science behind alkaline water by visiting www.thealkalinewaterco.com.
The Alkaline Water Company Inc. initially launched its bulk alkaline water products under the trade name Alkaline84. The trade name was later changed to Alkaline88 to better align with the pH level where chemists have identified benefits. Though the trade name is not prominent on the product label, it references the pH level of 8.8.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements." Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the Company's expectations regarding the development of marketing and sales relations nationally. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with developing new products and operating as a development stage company, our ability to raise the additional funding we will need to continue to pursue our business and product development plans, competition in the industry in which we operate and market conditions. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at www.sec.gov.
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