Posted April 21, 2004 by publisher in Cuba Business.
MIAMI—ChampionLyte Beverages, Inc., a wholly owned subsidiary of ChampionLyte Holdings, Inc. (OTC Bulletin Board: CPLY ), today announced it has delivered its first order of sugar-free ChampionLyteŽ to Havana International Incorporated and FTZ Ship and Duty Free Supplies Inc.
The order consisted of 18,000 cases, or ten tractor-trailer loads of ChampionLyteŽ, the largest single order for the product in the Company’s history.
Havana distributes sugar-free ChampionLyteŽ to 16 states, cruise ships, sea stores, duty-free stores and the United States military.
Miami-based Havana International distributes its products to Tennessee, Texas, Michigan, Illinois, New Hampshire, Massachusetts, West Virginia, Virginia, Pennsylvania, Georgia, Kentucky, California, New York and New Jersey. It also distributes to a number of major cruise lines.
“The interest in ChampionLyteŽ is very high,” said Mark Kumar, manager of International and Domestic Sales for Havana International. “With more people becoming aware of the benefits of sugar-free ChampionLyteŽ, sales of the product are catching up to demand.”
“ChampionLyte is an ideal product market in this era of concern over the growing rates of obesity and diabetes,” said John Bosa, Havana International partner and former prominent Miami Dolphin player and past owner of successful gyms. “The tasty beverage is an excellent alternative to sugar-saturated sports drinks that can cause excess caloric intake.”
“Havana International is playing a key role is the distribution of ChampionLyteŽ to a wide range of consumers around the United States, our Armed Services and the thousands who cruise every week,” said Donna Bimbo, president of ChampionLyte Beverages, Inc.
ChampionLyte Beverages, Inc. manufactures and markets ChampionLyteŽ, the first completely sugar-free entry in the multi-billion dollar isotonic sports drink market. It is the only sports drink with no sugar, calories, sorbitol, saccharin, aspartame, caffeine or carbonation. The reformulated product is sweetened with SplendaŽ, the trade name for Sucralose produced by McNeil Nutritionals, a Johnson & Johnson company.
About ChampionLyte Holdings, Inc.
ChampionLyte Holdings, Inc. is a fully reporting public company whose shares are quoted on the OTC Bulletin Board under the trading symbol CPLY. Its recently formed beverage division, ChampionLyte Beverages, Inc., a Florida corporation, manufactures, markets and sells ChampionLyteŽ, the first completely sugar-free entry into the multi-billion dollar isotonic sports drink market. Its The Old Fashioned Syrup Company subsidiary manufactures, distributes and markets three flavors of sugar-free syrups. The products are sold in more than 20,000 retail outlets including some of the nation’s largest supermarket chains.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company’s reports filed with the Securities and Exchange Commission.
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