STUART, Fla., Aug. 7 /PRNewswire-FirstCall/ -- NuCO2 Inc. , the largest supplier in the U.S. of bulk CO2 systems and services for carbonating fountain beverages, has entered into a supply agreement with South-Tek Systems, LLC, a manufacturer of compact nitrogen (N2) generator systems.
Under the terms of the agreement, South-Tek will supply NuCO2 with its lines of nitrogen generators for draft beer operators: BeerBlast(TM), a mixed gas generator system, and N2-GEN(TM), a 100% nitrogen generator. South-Tek also designated NuCO2 as its preferred supplier of CO2 and will promote NuCO2's services to South-Tek customers.
The BeerBlast(TM) mixed gas system generates nitrogen from the air and blends it with the correct ratio of CO2 from NuCO2's bulk CO2 tank. The BeerBlast(TM) system not only produces nitrogen generated from the air, but also provides two precise blends of carbon dioxide and nitrogen to help draft beer operators pour the best tasting and highest quality domestic and lager beers. There is also a 100% nitrogen output for pushing either wine or mixed drinks to the tap.
"The BeerBlast(TM) and N2-GEN(TM) systems are an excellent extension of our core offering, bulk CO2 products and services," said John E. Wilson, Chief Customer Officer of NuCO2. "The synergies of NuCO2's and South-Tek's products make for a great combination. The product line extension will allow us to provide even more value to our current and future bulk CO2 customers." NuCO2 currently services more than 110,000 customers, including pubs, restaurants, sports complexes, and theme parks, among others, which are prime candidates for nitrogen generator systems. "NuCO2 is now poised to be the only nationwide supplier of nitrogen generators and mixed gas systems to the foodservice and hospitality industry," said Mr. Wilson.
"South-Tek is pleased to have been chosen by NuCO2 to offer the BeerBlast(TM) system throughout its national customer base," said Tim Bodemann, President of South-Tek Systems. "With NuCO2's strong sales, marketing and operations network, draft beer operators will have greater access to the BeerBlast(TM) system and can begin enjoying the benefits of a superior system."
About South-Tek Systems
South-Tek Systems, LLC, founded in 1997, designs and manufactures compact, high purity nitrogen generators for the laboratory, military, automotive, food, and restaurant beverage service markets. With offices in Raleigh and manufacturing in Wilmington, NC, South-Tek services both the U.S. and international marketplace.
About NuCO2
NuCO2 Inc. is the leading and only national provider of bulk CO2 products and services to the U.S. fountain beverage industry. With service locations within reach of virtually all of the fountain beverage users in the Continental U.S., NuCO2's experienced professionals comprise the largest network of sales and support specialists in the industry serving national restaurant chains, convenience stores, theme parks and sports and entertainment complexes, among others. NuCO2's revenues are largely derived from the installation, maintenance and rental of bulk CO2 systems and delivery of beverage grade CO2, which are increasingly replacing high pressure CO2, until now the traditional method for carbonating fountain beverages. The technology offers consistent quality, greater ease of operation, and heightened efficiency and safety utilizing permanently installed on-site cryogenic storage tanks. NuCO2 provides systems and services that allow its customers to spend more time serving their customers. Visit the Company's website at http://www.nuco2.com/ .
Statements contained in this press release concerning the Company's outlook, competitive position and other statements of management's beliefs, goals and expectations are "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 subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements. With respect to such forward-looking statements, we claim protection under the Private Securities Litigation Reform Act of 1995. These risks and uncertainties include, but are not limited to, the ability of the Company to add new accounts, competition and future operating performance. The Company disclaims any obligation to update any forward-looking statement as a result of developments occurring after the date of this press release.
© 2006 PR Newswire
