IDC and PepsiCo Sign Agreement for The Answer
December 22 2010 - 11:08AM
Business Wire
International Dispensing Corporation (IDC) (IDND.PK) announced
today that it has signed an agreement with PepsiCo, the world’s
second-largest food-and-beverage company. The agreement confirms
the commitment of both parties to roll out PepsiCo beverage
products using The Answer® in a major international market in 2011,
and to negotiate a broader global agreement involving PepsiCo’s use
of The Answer® for a variety of beverages and syrups.
IDC's The Answer(r) (Photo: Business
Wire)
PepsiCo and IDC anticipate that the market roll-out will
commence in early 2011, and that the definitive global agreement
will be consummated by mid 2011.
About International Dispensing Corporation (IDC)
IDC is a research and development company that develops and
manufactures cutting-edge dispensing solutions, and provides expert
supply chain and consulting services, to the food-and-beverage and
packaging industries. Its flagship product, The Answer® tap,
enables aseptic liquid product to be dispensed from a flexible
package over time without compromising the safety of the remaining
contents, even without refrigeration. For more information about
IDC, please visit www.idcdispensing.com.
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