Mojo Organics, Inc. announces distribution agreement with Eastern
JERSEY CITY, N.J., March 19, 2013
JERSEY CITY,N.J., March 19, 2013 /PRNewswire/ --Mojo Organics, Inc.
(OTCBB: MOJO) announced it has signed a distribution agreement with Eastern
Distributors, Inc. to distribute MOJO's CHIQUITA TROPICALS™line of premium
"We selected Eastern because they are a recognized leader in juice
distribution," said Glenn Simpson, CEO of MOJO. "We believe Eastern's network
of incented distributors was a major reason Eastern was able to achieve its
leadership position in the juice category selling millions of cases each year.
We are thrilled to partner with Eastern as we grow our line together."
"We are excited about CHIQUITA TROPICALS for several reasons: First,
consumers trust the CHIQUITA™ brand; second, consumer trends toward
better-for-you products have primed CHIQUITA TROPICALS for an explosive
launch; third, the product's packaging is cutting edge and its shelf life is
exceptional; and finally, its price point is extremely attractive to consumers
who would normally purchase similar brands," said Eddie Marinaccio, CEO of
"We see more than 300 new beverages a year—and we accept maybe one or two to
distribute each year," continued Marinaccio, "the taste is explosive and equal
if not better than similar products in the market today. We feel the
opportunity to establish CHIQUITA TROPICALS in our distribution area is an
exceptional opportunity for both Eastern and our retail and re-distribution
partners. We look forward to teaming up with MOJO and supporting the CHIQUITA
About Eastern Distributors, Inc.
Eastern Distributors Inc. operates as a direct distributor and re-distributor
in the Northeast of the United States including New York, New Jersey,
Connecticut, and the New England States.
Founded in 1974, Eastern has a retail and re-distribution network of over 55
routes, 28 dairy companies, 25 food service companies, and numerous beverage
and soda distributors. Eastern's network touches thousands of point-of-sale
locations each and every day.
This distribution network allows Eastern to penetrate the "up-and-down street
business" and execute delivery with hands-on selling. The company supports
its partners and direct store distribution network by emphasizing
point-of-sale merchandising and promotions to encourage consumer awareness of
its brand partners.
About MOJO Organics, Inc.
Based in New Jersey, MOJO Organics, Inc. engages in the production,
distribution, and marketing of beverages. The goal of MOJO is to promote a
Better-for-You lifestyle for children and adults through affordable natural
and organic drinks. Towards its goal of Better-for-You products, MOJO Organics
is debuting with CHIQUITA TROPICALS a 100% Fruit Juice, produced under license
agreement with Chiquita Brands.
This press release includes "forward-looking statements" within the meaning of
the safe harbor provisions of the United States Private Securities Litigation
Reform Act of 1995. Actual results may differ from expectations, estimates and
projections and, consequently, you should not rely on these forward looking
statements as predictions of future events. Words such as "expect,"
"estimate," "project," "budget," "forecast," "anticipate," "intend," "plan,"
"may," "will," "could," "should," "believes," "predicts," "potential,"
"continue," and similar expressions are intended to identify such
forward-looking statements. These forward-looking statements involve
significant risks and uncertainties that could cause the actual results to
differ materially from the expected results.
Additional Information and Where to Find It
Investors, security holders and other interested persons may find additional
information regarding MOJO Organics, Inc. at the SEC's Internet site at
http://www.sec.gov/, or the company's website www.MojoOrganicsInc.comor by
directing requests to:
MOJO Organics, Inc.
101 Hudson Street, 21st Floor
Jersey City, New Jersey 07302
201 633 6519
Attention: Investor Relations
SOURCE Mojo Organics, Inc.
Contact: Investor Relations, MOJO Organics, Inc., +1-201-633-6519
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