Waterloo Brewing announced two new three-year agreements with separate co-manufacturing partners to produce "Ready to Drink" beverages in key North American markets. Service revenue from these agreements will be a minimum of $3.5 million per year, with expected revenue of $5.5 million per year. Waterloo Brewing manufactures alcohol beverages of all types including beer, malt and spirit-based beverages, ciders, hard iced teas and non-alcoholic beverages.

The Company continues to leverage these extensive capabilities to grow its co-manufacturing business.