New
York,
NY (PRWEB)
May 11,
2006 -- Donald Spector,
Chairman of Innovation Fund LLC, announced today that it has patented and
developed technologies that will allow consumers to screw one of its Flavor Tops
caps onto any bottle of water and turn it into a vast variety of
beverages.
A consumer can take their favorite brand of plain bottled
water, like Poland Spring (from Nestlé), and with a Flavor Tops cap turn it into
a power drink, a soft drink, tea, or even an alcoholic beverage. These
technologies can be used with concentrated powders, like Crystal Light, a brand
of Kraft, liquids, or contain multiple product combinations. The caps can also
be used for maintaining freshness of vitamins, additives or
medications.
Donald Spector, who is also the Chairman of New York College
of Health Professions, a world leader in Holistic Health and Education offering
both undergraduate and graduate level degrees, says, “While the traditional
distribution route might at first appear to be Coca Cola, PepsiCo or some other
major bottlers, this product can also be distributed or licensed to food
companies or even companies like Nike. Non-beverage companies have traditionally
had entry problems breaking into the beverage industry. Government applications
also offer great opportunities such in schools, where new laws banning high
calorie drinks are going into place, as well as in the military.”
While
sales of bottled water are climbing in the
United
States, sales in
underdeveloped countries have seen even more substantial growth since their
water quality is poorer. The proprietary Flavor Tops cap retrofits onto existing
bottles of water and instantly converts the water into a wide variety of
beverages by releasing either powders or liquids at the time the consumer screws
on the cap and is ready to drink it.
The military, as an example, can
have one product (bottled water) and yet supply its troops with a variety of
drinks by offering many different caps. These choices can also contain nutrient
value, power additives or medicines which remain fresh until the time of
consumption. In areas of limited space, a ship or supply area can carry just
bottled water and yet give troops a choice of hundreds of their favorite
drinks.
Donald Spector, Chairman of Innovation Fund LLC, believes Flavor
Tops will open the market for many new exotic flavors, specialized holistic
products that often lose freshness and to brand name companies that currently
can't make it into the crowded and limited space available for cold beverages in
convenience stores and supermarkets. “Every convenience store carries cold
water. Now, with that single product, our non-refrigerated caps can offer the
consumer a world of choices. Well known sports names, and even teams like the
New York Yankees or companies like Reebok that are not presently players in the
beverage business can become dominant names in the power drink business, without
having to join the closed beverage industry club,” says
Spector.
Innovation Fund LLC has vast patent portfolios and licenses and
ventures with many Fortune 500 companies, as well as with mid-sized companies.
This product line has been licensed to a multi billion-dollar company in the
flavor business to service companies in mass markets.
The product line
will be ready for market introduction in early 2007. Innovation Fund LLC
believes this technology can shake up the giants in the industry and allow many
other companies with brand names to enter a market, which now has increasing
problems and costs associated with transportation.
Resources:
Innovation Fund
|
The Water Connoisseur
