Hansen Beverage Company and Rock Art Brewery reach 'Monster' agreement
Hansen Beverage Company and Rock Art Brewery today issued the following statement in connection with a recent trademark issue: Hansen Beverage Company and Rock Art Brewery have reached an amicable agreement under which both companies' respective products will be protected -- Hansen's Monster Energy(R) line of energy drinks and Rock Art's Vermonster beer products.
* Rodney Sacks, Hansen's chief executive officer, said: "We are pleased that we were able to resolve this matter expeditiously and put the concerns that had arisen behind us so that both parties can concentrate on their day-to-day businesses, selling their respective high-quality products. Our intent in this matter was simply to protect Hansen's trademarks and prevent any likelihood of confusion arising in the future through potential product extensions and was not to prevent Rock Art Brewery from selling their Vermonster beer."
* Matt Nadeau, owner of Rock Art Brewery, said: "Once Rodney and I were able to talk to each other we quickly appreciated each other's points of view and he acted reasonably, which allowed us to rapidly come to an agreement we are both happy with and allows both of us to move forward positively."
MEDIA ADVISORY, Oct. 26, 2009 (GLOBE NEWSWIRE) --