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Thursday, 09/01/2016 10:35:32 AM

Thursday, September 01, 2016 10:35:32 AM

Post# of 302221
$LTEA HUGE NEWS OUT TODAY!

HICKSVILLE, NY--(Marketwired - Sep 1, 2016) - Long Island Iced Tea Corp. ( NASDAQ : LTEA ) (the "Company"), a growth-oriented company focused on the ready-to-drink ("RTD") tea segment in the beverage industry, today announced a new partnership with Unique Foods (Canada) Inc. ("Unique Foods") to distribute its beverages in Canada.

The Company is committed to expanding its distribution across new geographies and this is its first distribution agreement in Canada. According to Euromonitor, the ready-to-drink tea market in Canada is forecast to expand by 4% annually over the next five years to reach C$626 million in sales by 2020 (Source: Euromonitor International, "RTD Tea in Canada", February 2016).

Philip Thomas, Chief Executive Officer of the Company, stated, "We are delighted to partner with Unique Foods to bring Long Island Iced Tea® to Canada, a substantial market where our quality ingredients and affordable price will be sure to resonate with consumers. Unique Brands has a long history of supporting growing beverage brands and are excited to join its family of innovative beverage brands. The global tea market is $55 billion growing annually at 6% -- expanding into Canada is a natural progression in our global outlook, and compliments distribution positions we have already established in Korea and a number of the Caribbean nations."

Jon Silver, President of Unique Foods, stated, "We at Unique Foods (Canada) are thrilled to be partnering up with this amazing brand. It falls directly in line with the vision of better for you beverages. We want to offer Canadians a delicious Iced Tea so the decision was easy by offering Long Island Teas."

Long Island Iced Tea® is a RTD tea now available in both 20-oz and gallon bottles, with flavors including Lemon, Peach, Raspberry, Mango, Guava, Southern Sweet Tea, Green Tea & Honey, Half Tea & Half Lemonade, Diet Lemon and Diet Peach. Long Island Iced Tea has distribution in 12 states and its beverages are sold in over 3,000 store locations.

About Unique Foods Canada Inc

Founded in 1996, Unique Foods has grown into a major national distributor in the beverage industry. They are the pioneers in bringing healthy "new age" products to Canada, being truly as "unique" as the products they offer and pride themselves on being a cutting edge, turnkey, and progressive company.

Current brands in its beverage portfolio include Stewart's Old Fashioned Sodas, AQUAHydrate Water with electrolytes, ACTIVATE Vitamin Drinks, Icelandic Glacial water, Coco's Pure coconut water, Protein2o and Little Miracles teas. Unique Brands is the primary importer of "Stewart's Old Fashioned Soda's" in Canada. For more information, visit Unique Foods' website at http://www.uniquefoodscanada.ca.

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 distributors. The Company's website is www.longislandicedtea.com.

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