Upcoming AWS Coverage on SodaStream International Post-Earnings Results

LONDON, UK / ACCESSWIRE / February 8, 2017 / Active Wall St. blog coverage looks at the headline from Hicksville, New York based Long Island Iced Tea Corp. (NASDAQ: LTEA) as the Company announced on February 07, 2017, that it had signed a partnership agreement with Diviza S.A., to distribute the Company's non-alcohol ready-to-drink (NARTD) products in Columbia. Register with us now for your free membership and blog access at:

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One of Long Island Iced Tea's competitors within the Beverages - Soft Drink space, SodaStream International, Ltd. (NASDAQ: SODA), announced on February 01, 2017, that it will release its financial results for Q4 2016 on Wednesday, February 15, 2017 at approximately 7:30 a.m. ET, to be followed by a conference call at 8:30 a.m. ET. AWS will be initiating a research report on SodaStream in the coming days.

Today, AWS is promoting its blog coverage on LTEA; touching on SODA. Get all of our free blog coverage and more by clicking on the links below:

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Long Island Iced Tea Corp., is a producer and distributor of non-alcoholic ready-to-drink iced tea under the Long Island Iced Tea brand.

The deal and its importance for LTEA

As per the partnership agreement, Diviza will distribute the two flagship NARTD products range - Long Island Iced Tea® and ALO Juice®. The Long Island Iced Tea® range of teas will be distributed in 18oz bottles, whereas the ALO Juice® range will be distributed in 0.5 litre and 1.5 litre bottles.

Commenting on the partnership, Philip Thomas, CEO of LTEA said:

"We are extremely proud and excited to be announcing our first partnership in South America. This partnership continues the international expansion of our flagship Long Island Iced Tea® brand as well as our recently acquired ALO Juice® brand. We believe that Diviza is a great local partner in Colombia, which covers a significant amount of the country and maintains relationships with major chain accounts such as Grupo Éxito and Olímpica."

Mauricio Zapata, co-founder of Diviza S.A. added:

"We are very excited to welcome Long Island Iced Tea® and ALO Juice® to our portfolio and glad we look forward to working together to build these brands in our market."

About the Columbian Market and Distributor

Columbia is the second largest country in South America with a population of over 47 million people. This is an important market for LTEA as it presents a great growth opportunity. As per the data shared by LTEA, the NARTD tea market in Colombia has grown at a 32% CAGR from 2010 to 2015, and is expected to grow another 26% to reach COP$585 billion (US $205 million) by 2020.

LTEA's partner, Barranquilla, Colombia based Diviza has one of the largest distribution networks that covers over 40% of Columbia including the Atlantic coast region. Diviza's network covers over 1,500 locations and 700 gas stations. Diviza has an established relationship with Columbia's largest wholesalers and is a distributor of choice for the region's major chains like Grupo Éxito, Olímpica, and PriceSmart.

Aggressive Growth Plans

Headquartered in Long Island, New York, LTEA is focused on expanding the NARTD tea and beverages market and has set out on an aggressive growth plan. In recent months, LTEA has signed numerous partnership and distribution agreements to cover both international and domestic markets. In January 2017, LTEA partnered with Lipari Foods, LLC a leading Midwest food and beverage distributor to distribute LTEA's range of products in the Midwest. In December 2016, LTEA has signed partnership agreements with various companies to distribute its products internationally in Puerto Rico, Dominican Republic, and St. Martin (Caribbean). Apart from this, in December 2016 itself, LTEA has also partnered with Oak Beverages Inc. and Bozzuto's Inc. to distribute its products domestically in the US.

LTEA has also brought in professional help with the appointment of Julio Ponce as Vice President of Southeast and Latin American Sales, who joined the Company on January 01, 2017. Additionally, LTEA hired Jeff Busch, an Australian-based consumer goods sales and marketing specialist at the end of December 2016, to help the Company expand its global footprint.

December 2016 was an important milestone in LTEA's history as the Company acquired health drink brand ALO Juice® from The Wilnah International, LLC. With the acquisition LTEA's product portfolio expanded to include NARTD and aloe-vera plant extract based health beverages.

In October 2016, LTEA signed one of the largest partnerships in the Company's history when it signed an agreement with Food Lion LLC., to distribute LTEA's products across its locations. Food Lion is one of the largest supermarket chains in the Southeast United States with over 1,000 locations in 10 South-eastern and Mid-Atlantic states.

Stock Performance

At the close of trading session on Tuesday, February 07, 2017, Long Island Iced Tea's stock price rose 3.48% to end the day at $4.16. A total volume of 52.12 thousand shares were exchanged during the session, which was above the 3-month average volume of 39.71 thousand shares. The stock currently has a market cap of $32.07 million.

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