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Alkame Water Begins Five State Distribution Deal With URM
|By Marketwired .
|March 4, 2014 09:10 AM EST
LAS VEGAS, NV -- (Marketwired) -- 03/04/14 -- Alkame Holdings, Inc. (OTCBB: ALKM) (OTCQB: ALKM), a health and technology holding company with a focus on patentable, innovative, and eco-friendly consumer products, is pleased to announce that the Company has entered into a wholesale product distribution relationship with URM Stores, Inc. ("URM"), a Washington State based retailer-owned grocery cooperative business.
The Company expects that URM (www.urmfoodservice.com) will soon be delivering Alkame Water in 24/ half liter and 12/ one liter bottle formats within their five state area, which includes Washington, Oregon, Idaho, Montana, and Wyoming. URM currently distributes a wide variety of grocery products to retail, convenience store, and food service locations within these five states.
Founded in 1921, URM Stores, Inc. (formerly United Retail Merchants), began when five retailers banded together to form the "cooperative" under the laws of the State of Washington. Over the years, sales volume has grown to approximately $775 million, employment to over 2,700 employees at URM and its subsidiaries, and assets to over $100 million. URM is consistently ranked amongst the top 10 private employers in Washington State.
Robert Eakle, CEO of Alkame Holdings, Inc., commented, "This is a very significant multi-state distribution partnership that will immediately allow all the URM cooperative members to potentially purchase Alkame Water for their retail grocery locations."
Rick Bierwiler, Alkame's VP of Sales, stated, "In fact, initial response has been very positive and several URM retailers have already agreed to purchase Alkame Water for their stores. We anticipate similar success when we introduce Alkame Water to the remaining URM retailers over the next few weeks."
Several multi-state URM chains and retailers have agreed to carry Alkame Water in both half liter and one liter configurations, including Yoke's Fresh Market (Washington and Idaho - www.yokesfreshmarkets.com), Super 1 Foods (Montana, Idaho, and Washington - www.super1foods.net), and Pilgrims Markets (Idaho - www.pilgrimsmarket.com).
About Alkame Holdings, Inc.
Alkame Holdings, Inc. is a publicly traded health and technology holding company with a focus on patentable, innovative, and eco-friendly consumer products. The Company's wholly-owned subsidiary, Alkame Water, Inc., markets and distributes micro-clustered, alkaline, antioxidant and oxygenated bottled water utilizing an exclusive patented formula and technology. Alkame's patented technology creates water with several unique properties which allow the body to absorb and utilize it more efficiently and help to achieve an optimal pH balance. The patented Alkame technology also increases the available oxygen content and absorbability which equates to more fuel for improved metabolic efficiency, boosted immune system, and improved cardio respiratory function. Not all waters are created equal. For more information, visit www.alkamewater.com.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that URM will achieve significant additional distribution for the Company's products, the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.
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