2012-11-15 14:58:52 -
IRVINE, CA -- (Marketwire) -- 11/15/12 -- Bazi International, Inc. (OTCQB: BAZI), and its operating subsidiary True Drinks, Inc. ("Bazi"), today announced an international rights agreement for its AquaBall brand flavored water drink with Football Ventures ( www.footballventures.com : www.footballventures.com/
Football Ventures is a US-based company that invests in various sectors of the football or soccer industry including, but not limited to, the professional, developmental and grassroots areas of the game. This agreement will allow Football Ventures to create partnerships with its global network of football clubs to customize the Aquaball for their teams. Clubs can sell the custom branded AquaBalls in their stadiums and can benefit from regional retail distribution, and key global club brands can benefit from global distribution into key markets.
Lance Leonard, Chief Executive Officer of Bazi, commented, "We are excited about partnering with Football Ventures and the opportunity to bring AquaBall into the International marketplace. We believe that our partnership with Football Ventures will enable us to reach a wider audience that will appreciate having a healthy, great tasting beverage alternative as they enjoy supporting their favorite football clubs. These clubs have the widest range of fans in the sporting world offering us the opportunity to expand our sales in a short time frame. Additionally, our overall brand will benefit greatly from this global exposure."
Mike Gosselin, Head of Licensing at Football Ventures, stated, "We are eager to offer our network of football clubs the opportunity to brand themselves on Aquaball's unique bottle. Football is synonymous with being in the best physical shape possible and Aquaball's healthy, refreshing beverage fits perfectly into this lifestyle. We look forward to working with their team and building a strong working relationship."
About Bazi International, Inc.
Bazi International, Inc., through its operating subsidiary True Drinks, Inc., is a beverage company with licensing agreements with major entertainment and media companies for use of their characters on its proprietary, patented bottles. AquaBall, the company's naturally-flavored, vitamin-enhanced water drink that was created as a low-calorie, low-sugar alternative to juice and soda for kids, is currently being sold into mass-market retailers throughout the United States. For more information, please visit www.theaquaball.com : www.theaquaball.com/
and www.truedrinks.com : www.truedrinks.com/
About Football Ventures
Football Ventures is a US-based company that invests in various sectors of the football industry including, but not limited to, the Professional, Developmental and Grassroots areas of the game. In addition, from time to time Football Ventures launches its own or closely held football business initiatives. The company is based in historic Charleston, South Carolina and invests in various projects globally.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "if," "should" and "will" and similar expressions as they relate to True Drinks, Inc. are intended to identify such forward-looking statements. True Drinks, Inc. may from time to time update these publicly announced projections, but it is not obligated to do so. Any projections of future results of operations or the anticipated benefits of the merger and other aspects of the proposed merger should not be construed in any manner as a guarantee that such results or other events will in fact occur. These projections are subject to change and could differ materially from final reported results. For a discussion of such risks and uncertainties, see "Risk Factors" in True Drink's report on Form 10-K filed with the Securities and Exchange Commission and its other filings under the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.
Investor Relations Contacts:
True Drinks, Inc.
18552 MacArthur Blvd., Ste. 325
Irvine, CA 92612
Alliance Advisors, LLC
(914) 669-0222 x201
1150 Hungryneck Blvd, Suite C-122
Mount Pleasant, SC 29464
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