Vitasti and Leading Beverage Manufacturer join hands to launch Amazon Acai Vita Water
The formulation of the vitamin enriched water will have all the health benefits of the Acai Berry including antioxidants, minerals and protein.
12/10/05 Vitasti, Inc. (the "Company") is pleased to announce that it has entered into a letter of intent ("LOI") with one of North America's leading beverage manufacturers ("BM") for the joint venture development and launch of Amazon Acai Vita Waters. The formulation of the vitamin enriched water will have all the health benefits of the Acai Berry including antioxidants, minerals and protein. The company's partner and industry leader, Sambazon, will provide the Acai Berry ingredient for the project.
This relationship will allow Vitasti to penetrate the market quickly and position the new line as first of its kind in the $13.3 billion U.S. alternative beverage market.
The company expects to realize further revenue streams through private label opportunities for all of its Acai products. The company is currently in discussions with three major retailers for its Acai private label products in North America and the UK.
Utilizing BM's distribution channel that currently exists in Asia, the company has plans for distribution to the Asian market early 2006.
Vitasti, Inc. is well known in the health and wellness and nutraceutical industry for producing and delivering exceptional products and services to its customers. One division of the company operates as Vitasti Lifestyle Markets, Bakeries and Cafes, and a second division manufacturers and distributes leading edge wellness and nutraceutical products.
