CSUH looks like its picking up some steam and continuing to gather market presence as its awarded another best of breed in Dubai. Take note that Dubai is rapidly growing economy and rated the #4 city in the world for traders to live. According to Traders Magazine
#1 Chicago #2 London #3 New York #4 Dubai
#5 Miami #6 Boston #7 Dublin
#8 Los Angeles #9 Toronto #10 Sao Paulo
Celsius Wins First Ever 2007 Qatrah Award as ‘Best Carbonated Soft Drink’ At the Arab Beverages Forum Held in Dubai
Category Creating Calorie Burner Celsius Recognized as One of the Most Innovative Beverage Brands
DELRAY BEACH, Fla., June 29, 2007 (PRIME NEWSWIRE) — Celsius Holdings, Inc. (OTCBB:CSUH) announced today that Celsius(r), the creator of the calorie burning beverage category, had been selected as the winner of the Arab Beverage Forum’s 2007 Qatrah Awards for “Best Carbonated Beverage” at a stellar event held in the exotic city of Dubai, UAE on June 20, 2007. The Arab Beverage Forum 2007 focused on emerging trends in the industry in making its selections and the Forum generally serves as a platform for advance marketing and experience exchange for the beverage industry in Arab countries reaching Asia and India.
* According to the Arab Beverages Forum, 2007 pledges to be an
excellent year for the Arab beverages markets. Respective
consumer markets are enjoying tremendous expansion and growth as
the individual markets shift to market economies, offering vast
opportunity and possibility.
* This year’s Arab Beverages Forum was comprised of international
and regional beverage industry executives and consultants
including some of the most influential global beverage companies,
whom all gathered in Dubai.
“We’re extremely excited and proud to have Celsius honored in another international competition and we are confident such accolades will continue to help us open distribution opportunities in various corners of the globe,” said Celsius, Inc. CEO Steve Haley. “Recognition by independent judges of our claims and the true functional benefits Celsius brings to consumers is something we take very seriously. This award, along with the others we have received, is further proof of the widespread acceptance of our brand philosophy as a sports nutrition company dedicated bringing healthier products with true functional benefits to consumers.”
Technically this doesn’t look ready yet but a break to the upside of this short term channel and momentum might pick up again. CSUH could definitely be a buy out prospect for Coke, Pepsi, or Hansen.
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