SCOTTSDALE, Ariz., July 15, 2009 (GLOBE NEWSWIRE) -- New Leaf Brands announced that it has rolled out New Leaf Tea with distributors in Virginia and North Carolina. Sales in the first three weeks are already reaching almost 50% penetration in the independent C-Store channel. In Virginia, New Leaf Tea is now being sold through Loveland Distributing Co. in Richmond, Hoffman Beverage Co. in Virginia Beach, M. Price Distributing Co. for the Eastern Peninsula, BJ Sager, Inc. in Winchester, PA Short Distributing Co. in Roanoke and Gwyn Distributing Co. in Marion Virginia. In North Carolina, distribution is underway in Harris Wholesale in Raleigh, The Best of Beers in Hickory and Standard Distributors in Gastonia.
"We are off to an excellent start with New Leaf Tea based on these penetration numbers in independent C-Stores. We are actually exceeding those numbers and are already in 55% in the Durham, North Carolina area," stated Trent Moffat, Vice President of Sales of New Leaf. "The iced tea tradition in the South goes back generations and consumer acceptance has been tremendous with New Leaf's great taste," Moffat commented further.
New Leaf Brands is a wholly-owned subsidiary of Baywood International, Inc. (OTCBB:BAYW) ("Company").
About New Leaf:
Founded by Eric Skae in 2004 in Orangeburg, New York, New Leaf Brands was created with the vision of providing healthy beverages for consumers that are great-tasting and made only with high quality ingredients. New Leaf Tea was the company's first product that was born out of that vision and now is available to consumers in 14 unique flavors and in over 8,000 outlets including restaurants, delis, pizzerias and other retail establishments. For more information, please visit www.newleafbrands.com.
About Baywood:
Baywood International, Inc. (OTCBB:BAYW) ("Baywood") develops, markets and sells nutraceutical and nutritionally enhanced products and new age beverages under its own brands. Baywood merges its expertise in nutritional formulation with its leverage in sales and distribution to deliver the most effective and progressive products to market. Currently, Baywood's products are sold under the LifeTime(r) nutraceutical brand and the New Leaf(r) tea brand.
This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, its ability to operate its subsidiary companies effectively, need for and availability of additional capital as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's Form 10-KSBs and 10-QSBs on file with the United States Securities and Exchange Commission.