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Corporate Information

Long Island Iced Tea Corp. operates in the ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price.

The Company is currently organized around its flagship brand Long Island Iced Tea, a premium, ready-to-drink, proprietary recipe iced tea sold primarily on the East Coast of the United States through a network of national and regional retail chains and distributors.

Press Releases

Long Island Iced Tea Corp. Extends International Focus, Announces Consulting Arrangement with Asia Specialists Ben Cheng & Koh Tai Hong
June 20, 2017

Hicksville (Long Island), NY (June 20, 2017) — Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a growth-oriented company focused on the non-alcohol ready-to-drink (“NARTD”) tea segment in the beverage industry, today announced that it has engaged Ben Cheng & Koh Tai Hong, Singaporean-based consumer goods specialists, to assist the Company in the development of its Asia footprint. Messrs. Cheng and Hong are working closely with recently engaged international brand consultant Jeff Busch as part of Long Island Iced Tea Corp.’s international expansion.

Mr. Cheng’s background includes over 25 years working in Asia, including 18 years with AB InBev as VP Asia Pacific - International Business Development where he managed all Asian markets accountable for exports, distribution, co-packing and licensing partnerships, as well as global brands expansion, strategic and partner relationships. Currently, Mr. Cheng advises a variety of companies in the beverage and related categories.

Mr. Hong’s background includes over 27 years working in Asia in a variety of senior sales, marketing, operations and manufacturing roles. Mr. Hong worked for Asia Pacific Breweries in multiple markets including Singapore, Burma, Cambodia, Vietnam and Laos. He has an intimate knowledge of beverage distribution systems and co-packing facilities in Asia.

Philip Thomas, Chief Executive Officer of the Company, stated, “We feel it is critical to engage specialists such as Ben and Koh, as 75% of global NARTD tea volume is sold in the Asia Pacific region.¹ They will be working in concert with Jeff Busch towards our international expansion in Asia. Ben & Koh join the business on a 6-month consulting basis, to assist Long Island Iced Tea Corp. identify, develop and grow our Asia footprint.”

Mr. Cheng commented, “We are very excited to join such a fast-growing business spearheaded by an iconic and globally recognized brand name. NARTD tea has a substantial market in North Asia and is a fast-growing market in South East Asia, and we look forward to assisting in translating that global awareness into Asian and international growth for the Company.”

About Long Island Iced Tea Corp.

Headquartered in Long Island, NY, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink segment of the beverage industry. The Company’s flagship brand ‘The Original Long Island Brand Iced Tea®’, together with ‘The Original Long Island Brand LemonadeTM’ are marketed as premium beverages made with non-GMO ingredients. The company also imports and markets ‘ALO Juice®’ a functional Aloe Vera based beverage. The Company’s portfolio of premium brands sits within the ‘better-for-you’ category of the beverage industry, and are offered to consumers at an affordable price, reflecting the Company’s mission.  Its beverages are sold primarily through a network of regional chains and distributors primarily on the East Coast and the Midwest of the United States, as well as Canada and Latin America. The Company’s website is www.longislandicedtea.com.

Forward Looking Statements 

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include its history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

Contacts:

For Investors

Phil Thomas

Long Island Iced Tea Corp.

1-855-542-2832

info@longislandteas.com

¹ Euromonitor International. “RTD Tea in Asia Pacific”. May 2017

Long Island Iced Tea Corp. Announces Public Offering of Common Stock
June 15, 2017

Hicksville, NY (June 15, 2017) — Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a growth-oriented company focused on the ready-to-drink (“RTD”) tea segment in the beverage industry, today announced the signing of subscription agreements for a public offering of 256,848 shares of its common stock at an average public offering price of $5.06 per share. Alexander Capital, L.P. acted as the placement agent for the offering on a “best efforts” basis. The offering is expected to close on June 20, 2017.

The offering was made pursuant to an effective shelf registration statement on Form S-3 previously filed with and subsequently declared effective by the Securities and Exchange Commission (the “SEC”). A prospectus supplement relating to the offering is being filed with the Securities and Exchange Commission. Copies of the prospectus supplement relating to the offering, together with the accompanying base prospectus included in the registration statement, may be obtained from the Securities and Exchange Commission at http://www.sec.gov, or from Alexander Capital, L.P., 17 State Street, 5th Floor, New York, NY  10004 – Attention: Tim Stack, Telephone: (212) 687-5650.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Long Island Iced Tea Corp.

Headquartered in Long Island, New York, Long Island Iced Tea Corp. operates in the ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price. The Company is currently organized around its flagship brand Long Island Iced Tea®, a premium, ready-to-drink iced tea sold primarily on the East Coast of the United States through a network of regional chains and distributors.

Forward Looking Statements 

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and other factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These uncertainties, risks and other factors include the risk that the offering will not close. These uncertainties, risks and other factors also include the Company’s history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

Contacts:

Phil Thomas

Long Island Iced Tea Corp.

1-855-542-2832

info@longislandteas.com

Long Island Iced Tea Corp. Announces New Distribution Partnership in the Southeast with EnergyNC
June 14, 2017

Hicksville (Long Island), NY (June 15, 2017) — Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a growth-oriented company focused on the non-alcohol ready-to-drink (“NARTD”) tea segment in the beverage industry, today announced that it has partnered with EnergyNC to distribute the Company’s portfolio of beverage brands across North Carolina, eastern South Carolina and southern Virginia.

EnergyNC is the largest independent beverage supplier in North Carolina. Founded in 2005 by Yousef Abuzuaiter, EnergyNC is a family-owned beverage wholesaler based in Greensboro, NC. It services over 1,750 stores and carries leading brands such as Nestea, Faygo soda, Everfresh juice, Rip It Energy Fuel, Hogwash kids drink, Icelandic Glacial Water, Ubr water and Clear Fruit water.

Philip Thomas, Chief Executive Officer of the Company, commented, “Complementing recent launches in the region that include Food Lion, Ingles and W. Lee Flowers, this new distribution partnership with EnergyNC further strengthens our presence in the Southeast. We are proud to have EnergyNC carrying our full portfolio of beverages.”

Mr. Abuzuaiter added “We are very excited with the addition of Long Island Iced Tea Corp. as a partner in the region. The products they bring to our company help us to solidify our position with our customers as having the most exciting and flavorful portfolio in the non-alcoholic drink trade.”

The Company’s portfolio of brands available through EnergyNC include Long Island Iced Tea® (NARTD tea), ALO Juice® (NARTD functional beverage) and the Original Long Island Brand™ Lemonade with a splash of tea (NARTD lemonade).

About EnergyNC

EnergyNC is a beverage distribution company based in Greensboro, North Carolina. Founded in 2005 by Yousef Abuzuatier, it is a family-owned business offering a wide selection of top quality non-alcoholic beverages. EnergyNC services over 1,750 stores in North Carolina, eastern South Carolina and southern Virginia. To learn more about EnergyNC, please visit www.energync.com.

About Long Island Iced Tea Corp.

Headquartered in Long Island, NY, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink segment of the beverage industry. The Company’s flagship brand ‘The Original Long Island Brand Iced Tea®’, together with ‘The Original Long Island Brand LemonadeTM’ are marketed as premium beverages made with non-GMO ingredients. The company also imports and markets ‘ALO Juice®’ a functional Aloe Vera based beverage. The Company’s portfolio of premium brands sits within the ‘better-for-you’ category of the beverage industry, and are offered to consumers at an affordable price, reflecting the Company’s mission.  Its beverages are sold primarily through a network of regional chains and distributors primarily on the East Coast and the Midwest of the United States, as well as Canada and Latin America. The Company’s website is www.longislandicedtea.com.

Forward Looking Statements 

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include its history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

Contacts:

For Investors

Phil Thomas

Long Island Iced Tea Corp.

1-855-542-2832

info@longislandteas.com

Long Island Iced Tea Corp. Announces New Midwest Partnership with FUNBeV Distribution
June 13, 2017

Hicksville (Long Island), NY (June 13, 2017) — Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a growth-oriented company focused on the non-alcohol ready-to-drink (“NARTD”) tea segment in the beverage industry, today announced that it has signed an agreement with FUNBeV Distribution LLC (“FUNBeV”) to serve as a distributor for its flagship brand Long Island Iced Tea® throughout the Ohio market.

Founded in 2009 and located in Columbus, Ohio, FUNBeV is a full-service non-alcoholic beverage distributor serving over 2,000 off and on premises retailers throughout Ohio metropolitan areas, including Columbus, Cleveland, Cincinnati, Toledo, Akron, and Dayton.

Philip Thomas, Chief Executive Officer of the Company, stated, “We are thrilled to continue our expansion in the Midwest through this new partnership with FUNBeV. Ohio is a fantastic market with a lot of opportunity, and we are proud to partner with them to provide their customers with our high-quality Long Island Iced Tea® brand, a premium iced tea positioned at an affordable price.”

The Long Island Iced Tea® brand is available through FUNBeV in 18-oz bottles in our full line of 11 delicious and refreshing flavors.  We expect this partnership to help kick off the summer selling season and drive distribution in this midwest market.    

 

About FUNBeV Distribution

Headquartered in Colombus, Ohio, FUNBeV Distribution is a full-service beverage distributorship in Columbus and surrounding Ohio counties.

About Long Island Iced Tea Corp.

Headquartered in Long Island, NY, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink segment of the beverage industry. The Company’s flagship brand ‘The Original Long Island Brand Iced Tea®’, together with ‘The Original Long Island Brand LemonadeTM’ are marketed as premium beverages made with non-GMO ingredients. The company also imports and markets ‘ALO Juice®’ a functional Aloe Vera based beverage. The Company’s portfolio of premium brands sits within the ‘better-for-you’ category of the beverage industry, and are offered to consumers at an affordable price, reflecting the Company’s mission.  Its beverages are sold primarily through a network of regional chains and distributors primarily on the East Coast and the Midwest of the United States, as well as Canada and Latin America. The Company’s website is www.longislandicedtea.com.

Forward Looking Statements 

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include its history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

 

Contacts:

For Investors

Phil Thomas

Long Island Iced Tea Corp.

1-855-542-2832

info@longislandteas.com

Long Island Iced Tea Corp. Continues Expansion into Latin America with New Distribution Agreements in Ecuador and Costa Rica
June 8, 2017

- Expands into Ecuador through New Partnership with Dinusa -

- Expands into Costa Rica through New Partnership with Gaia Foods -

Hicksville (Long Island), NY (June 8, 2017) — Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a growth-oriented company focused on the non-alcohol ready-to-drink (“NARTD”) tea segment in the beverage industry, today announced new partnerships to distribute its beverages in Ecuador through Dinusa S.A. (“Dinusa”) and in Costa Rica through Gaia Foods CRC S.A.  (“Gaia Foods”).

Consistent with our strategic focus on Latin America announced in December 2016, Long Island Iced Tea® is now distributed across four countries in Central and South America. Ecuador has an estimated population of over 16 million¹ and has an NARTD tea market that has grown at a 13% CAGR from 2011 to 2016, and projected to reach $119 million by 2021.² Costa Rica has a population of just under 5 million¹ and has an NARTD tea market that has grown at a 10% CAGR from 2011 to 2016, and projected to reach $123 million by 2021.³

Philip Thomas, Chief Executive Officer of the Company, stated, “We are excited to continue our international expansion in Central and South America. These new partnerships with Dinusa and Gaia Foods allow us to enter new geographic markets and continue growing our customer footprint for our flagship Long Island Iced Tea® brand as well as our newly distributed ALO Juice® brand. Both partnerships compliment distribution positions we have already established in Central and South America.”

Long Island Iced Tea® is an NARTD tea that will be available through Dinusa and Gaia Foods in 18oz bottles. ALO Juice® is an NARTD functional beverage that will be available through Dinusa and Gaia Foods in 0.5 liter and 1.5 liter bottles. The Original Long Island Brand™ Lemonade with a splash of tea is an NARTD lemonade that will be available through Gaia Foods in 18oz bottles.

About Dinusa. S.A.

Dinusa is a distribution company based in Quito, Ecuador and reaches over 15,000 independent accounts. It covers the entire country of Ecuador, including the major cities of Quito, Guayaquil and Cuenca. Dinusa services independent accounts as well as all major supermarket chains including Mi Comisariato, Supermaxi, MegaMaxi, Aquí and Santa Maria. Dinusa is owned by Jabonería Wilson, one of the largest detergent manufacturers in Ecuador with distribution also in Perú and Colombia. Jabonería Wilson has proudly been in business for over 70 years. To learn more about Dinusa and Jabonería Wilson, please visit www.jaboneriawilson.com.

About Gaia Foods CRC S.A.

Gaia Foods is dedicated to the import and distribution of good quality products that are important for the Costa Rican market, distributing products for over the past 6 years. It has a wide portfolio of products such as Mamma Chia, Joe Chips, Charles Wells Brewery and Casa Bruja Brewing Co. Gai Foods distribution footprint covers  store chains including Wal-Mart, Fresh Market, Automercado, Vindi, Perimercado, Más x Menos and a diversity of other on-premise and off-premise accounts. To learn more Gaia Foods, please visit www.gaiafoodscr.com.

About Long Island Iced Tea Corp.

Headquartered in Long Island, NY, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink segment of the beverage industry. The Company’s flagship brand ‘The Original Long Island Brand Iced Tea®’, together with ‘The Original Long Island Brand LemonadeTM’ are marketed as premium beverages made with all-natural, non-GMO ingredients. The company also imports and markets ‘ALO Juice®’ a functional Aloe Vera based beverage. The Company’s portfolio of premium brands sits within the ‘better-for-you’ category of the beverage industry, and are offered to consumers at an affordable price, reflecting the Company’s mission.  Its beverages are sold primarily through a network of regional chains and distributors primarily on the East Coast and the Midwest of the United States, as well as Canada and Latin America. The Company’s website is www.longislandicedtea.com.

Forward Looking Statements 

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include its history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

Contacts:

For Investors

Phil Thomas

Long Island Iced Tea Corp.

1-855-542-2832

info@longislandteas.com

 

¹ Central Intelligence Agency. The World Factbook. 2017
² Euromonitor International. RTD Tea in Ecuador. February 2017

³ Euromonitor International. RTD Tea in Costa Rica. February 2017; projected market of CRC69.9 billion by 2021