GlobeNewswire Inc | Jan 6, 2022 09:05AM EST

January 06, 2022

NORWALK, Conn., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Reeds Inc.(NASDAQ: REED), owner of the nations leading portfolio of handcrafted, all-natural ginger beverages, announced today that Reeds Zero Sugar Classic Mule is now available at select Costco Wholesale (NASDAQ: COST) locations in the Southeast.

Reeds Zero Sugar Classic Mule is packed with REAL fresh ginger root and contains zero added sugar for guilt-free, easy sipping all year round. Handcrafted through a unique brewing and fermentation process, this premium, ready-to-drink (RTD) canned mule contains 7% alcohol and no artificial colors, gluten, GMOs, or caffeine.

Reeds Zero Sugar Classic Mule has done exceptionally well since its launch into market last year, said Norman E. Snyder, CEO of Reeds, Inc. Weve been working to expand distribution to satisfy the increased consumer demand for outstanding, RTD beverages produced with the uncompromising quality standards that Reeds provides. We are pleased to partner with one of the leading U.S. retailers and look forward to expanding our distribution further in 2022.

Reeds Zero Sugar Classic Mule is now available in-store at 28 Costco locations throughout Florida, South Carolina, Tennessee, and Georgia, retailing at $24.99 for a 12-pack of 12oz cans. To find a store near you, and for more information, please visit ReedsMule.com. Follow along with Reed's Mule onTwitter,Instagram, andFacebook(@reedsmule).

About Reed's Inc.Reeds Inc. is an innovative company and category leader that provides the world with high quality, premium and naturally bold better-for-you beverages. Established in 1989, Reed's Inc. is a leader in craft beverages under the Reeds, Virgils and Flying Cauldron brand names. The companys beverages are now sold in over 40,000 stores nationwide.

Reeds is known as America's #1 name in all-natural, ginger-based beverages. Crafted using real ginger and premium ingredients, the Reeds portfolio includes ginger beers, ginger ales, ready-to-drink ginger mules, ginger shots, and ginger candies. The brand has recently successfully expanded into the zero-sugar segment with its proprietary, all-natural sweetener system.

Virgils is an award-winning line of craft sodas, made with the finest natural ingredients and without GMOs or artificial preservatives. The brand offers an array of great tasting, bold flavored sodas including Root Beer, Vanilla Cream, Black Cherry, Orange Cream, and more. These flavors are also available in nine zero sugar varieties which are naturally sweetened and certified ketogenic.

Flying Cauldronis a non-alcoholic butterscotch beer prized for its creamy vanilla and butterscotch flavors. Sought after by beverage aficionados, Flying Cauldron is made with all-natural ingredients and no artificial flavors, sweeteners, preservatives, gluten, caffeine, or GMOs.

For more information, visitdrinkreeds.com,virgils.comandflyingcauldron.com.

Media Contact:5W Public Relationsreeds@5wpr.com212.999.5585

Investor Relations Contact:Elevate IRir@reedsinc.com949.200.4603

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/67272a52-0b8d-4f22-9da7-6857f6f47b90