AMSTERDAM, N.Y., Sept. 8, 2009 (GLOBE NEWSWIRE) -- Sun Tzu Corporation (Pink Sheets:STZU) today announced that it has entered into an agreement to distribute its line of Sun Tzu Energy Drinks in China, specifically Hong Kong and the Guangdong Province. The agreement is with Sun Tzu International, an independent entity created to exclusively market Sun Tzu Corp.'s products abroad.
The distribution agreements in these areas are being overseen by Michael Dreyfus, CEO of Sun Tzu International and Vladimir Bavelsky, Head of the company's overseas operations and logistics. China's expanding economy and population of 1.3 billion make it a key beverage market. Chinese consumption of all commercial beverages in 2008 continued to increase by an average of more than 10% per year since the beginning of the decade.
Brett McCarthy, President of Sun Tzu Corp., stated, "We believe that by entering the Chinese Market with our line of Sun Tzu Energy Drinks, we can dramatically increase both our short and long term revenue. The Chinese Market represents billions of dollars and there is much reason to believe that our product will be very well received due not only to its quality and taste but also because Sun Tzu is a native general of China and their Consumer markets have recently seen a surge in the purchase of products with native themes. These agreements show that we are meeting our goal to increase shareholder value through international expansion."
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.
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.