Las Vegas, Nevada , June 24, 2016 (GLOBE NEWSWIRE) -- EQ Labs, Inc. (“EQ.” or “the Company”) (OTC.BB: EQLB), is pleased to announce that a large-scale, 200K-can production of ‘Last Shot,’ the company’s lead product, will be delivered on June 28, 2016 for upcoming distribution through Southern Wine & Spirits of Nevada (SWS-Nevada) -- a division of Southern Wine & Spirits of America (Southern).
“This massive production and timely delivery marks the achievement of another milestone in our strategic, "Last Shot" roll out, and completes the third step in our plan to support a daily base of inventory in the Las Vegas market. I also would like to thank Derek Hopkins and Jo Ruckdeschels for their excellent work as the Production run managers who will fulfill our inventory needs," says Mo Owens, CEO of EQ Labs.
EQ Labs, which had previously been self-distributing since 2015, recently announced its partnership with Southern Wine & Spirits of Nevada to distribute “Last Shot” to bars, nightclubs, pool bars, casinos, and other on-premise and off-premise retail accounts throughout Las Vegas.
“Last Shot,” which is already popular in Las Vegas, is a canned 8.04 oz, 5 Cal/2 Carb, cranberry-flavored dietary supplement drink with a 3-in-1 ability to energize, hydrate and detoxify, providing hangover protection.
“This high-volume production is exciting for both the company and our fans,” says Timothy Mosley aka “Timbaland”, who is an equity partner in “Last Shot.” “This development primes us for success not only in the Las Vegas market, but nationwide as our vendor list grows.”
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About EQ Lab, Inc.:
EQ Labs, Inc is a leader in the marketing and development of measured product release devices for the retail market. Its products will be sold through major retail stores, casinos, beverage distribution outlets and chains throughout the US. Leading products include the cold drink beverage “Last Shot” – a canned, 8.04 oz, 5 Cal/2 Carb, cranberry-flavored, dietary supplement with a 3-in-1 ability to energize, hydrate and detoxify, providing hangover protection.
About Southern Wine & Spirits of Nevada:
Southern Wine & Spirits of Nevada a division of Southern Wine & Spirits of America, Inc., and is the state's leading wine, spirits, beer and beverage distribution company.
About Southern Wine & Spirits of America, Inc.:
Southern Wine & Spirits of America, Inc. is the nation’s largest wine and spirits distributor and broker with operations in 35 markets. The multi-state distributor currently operates in: Alabama, Alaska, Arizona, California, Colorado, Delaware, the District of Columbia, Florida, Kentucky, Hawaii, Idaho, Illinois, Indiana, Iowa, Maryland, Maine, Michigan, Minnesota, Mississippi, Montana, Nevada, New Hampshire, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Utah, Vermont, Virginia, Washington, West Virginia and Wyoming. Southern will be operational in Nebraska by the end of February 2016, and operational in North Dakota and South Dakota by April 1, 2016. On a national basis, Southern Wine & Spirits of America, Inc. employs more than 14,500 team members. Southern urges all retail customers and adult consumers to market, sell, serve and enjoy its products responsibly.
Safe Harbor:
This news release contains forward-looking statements as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements generally can be identified by phrases such as EQ Labs, Inc. or its management believes, expects, anticipates, foresees, forecasts, estimates or other words or phrases of similar import. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new business opportunities and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report, our quarterly reports and other periodic reports filed from time-to-time with the OTC Markets.