AMSTERDAM, N.Y., June 1, 2009 (GLOBE NEWSWIRE) -- Sun Tzu Corporation (Pink Sheets:STZU) today announced that the Company has entered into an exclusive distribution agreement with Havana Nights Inc. Sun Tzu Corp will distribute all of Havana Nights' beverage lines, including the company's flagship Mojito Mixer, a new product that can be enjoyed as a Super Premium Mixer or as a unique flavored soda akin to the popular cocktail.
The agreement outlines that Sun Tzu Corp. will take over all brand managerial duties including manufacturing, marketing, distribution and advertising for the product. Additionally, the Company will pay Havana Nights Inc. a royalty of 5% of product sales for its exclusive distribution rights. The deal marks Sun Tzu's third major distribution within the last 18 months and does not require any renegotiations for a price increase or deals offered to distributors, sponsorships or any case deductions.
"We are very pleased with the format of acquiring brands under this current structure," said Brett McCarthy, President of Sun Tzu Corp. "These partnership arrangements are perfect for us because we control the manufacturing of the product and one of the most crucial parts of distribution is being able to consistently provide your customers with a steady product flow, even when faced with large demand increases. The royalty structure insures that we can handle product growth without any delays and rewards both parties for the work they each put into the brand."
About Sun Tzu Corp.
Sun Tzu Corp. is a leading New Age Beverage Company that owns multiple brands and packages, offering several product lines of innovative energy drinks and non-alcoholic mixers. The Company focuses on innovative fountain branding of its beverages to bars and restaurants across the country and has developed one of the most competitive cooler and distribution programs available in grocery and convenience stores throughout the United States and abroad. Sun Tzu's beverages are available through independent beverage wholesalers such as Anheuser Busch, Miller-Coors, and Snapple Distributors.
To learn more about Sun Tzu Corp, please visit www.suntzucorp.com or visit www.suntzuenergydrink.com to read about Sun Tzu Energy Drink.
About Havana Nights Inc.
Havana Nights Inc. www.perfectmojito.com is the owner of the Havana Nights Mojito Mixer, which can be used to make The Perfect Mojito every time by simply adding Rum to the finished mix. The Super Premium Mixer can also be enjoyed alone as an invigorating pure cane soda. Due to the delicate balance of hand muddled pure cane sugar, mint, lime, and soda water, a properly made Mojito is difficult to find. Havana Nights Mojito Mixer offers the Perfect Mojito every time. Mojito's were listed as the number 3 cocktail in popularity for the year in 2008, and is only expected to grow in popularity this year.
Forward-Looking Statements
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.