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New Process to Be Installed at All Five Manufacturing Facilities Prior to Summer Targets Increased Capacity to Ship Over $4M of Water Monthly.
SCOTTSDALE, AZ--(Marketwired - Mar 30, 2016) - The Alkaline Water Company Inc. (
The combined teamwork of the Company's chemical and engineering team led to a breakthrough manufacturing process which has dramatically improved production capacity. This technical advancement offers immediate scalability to meet growth projections for the Company's upcoming fiscal year. The increased capacity will allow the Company to aggressively pursue single serving 500ml, 700ml and 1 liter sales opportunities through its Direct Store Distributor (DSD) channel. The Company plans to install the new process at all five strategically located manufacturing facilities in time for the summer sales season. Once fully implemented, The Alkaline Water Company will have the capacity to ship over $4 million of water every month.
"The ingenuity of our technical team has provided us the opportunity to increase capacity both quickly and economically," stated Mr. Steven Nickolas, Company CEO and President. "Even more importantly, we achieved this new capacity without the addition of 'PH buffers' to our formulation, which appears to be a recent and increasingly common but unfortunate practice elsewhere in our sector. We are very proud of our product, so maintaining the integrity of our water while employing a superior technology to increase our overall capacity is a huge win for us. While we continuously aim to refine our processes and distribution methods, we believe this particular advancement will prove instrumental in meeting the growing consumer demand for Alkaline88. With the added capacity and increased sales, we look forward to continued growth and an incredible fiscal 2016 for our Company and Shareholders."
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. (
About Alkaline Water Products
Alkaline88's premier alkaline water is an 8.8 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 500ml, 700ml, 1-liter, 3-liter and 1-gallon sizes. The Alkaline Water Company Inc. is currently in the midst of a national mass-market expansion program, where the product 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.
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. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, The ability to meet demand, the inherent uncertainties associated with developing new technologies, processes, products and operating as a development stage company, changes in 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, changes to market conditions and consumer habits. 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.
The Alkaline Water Company Inc.
WTER Investor Relations,