Serial Entreprenuer Lines Teams with Function’s Miller to Launch NOS
Energy Challenger, Nitrous Express; Said to Rep Major Push on Quercetin Bob Miller, who’s been associated with
array of startups that successfully moved into mainstream, from Mistic to
Vitaminwater and SoBe, is exiting role as sales chief of Function Drinks in
order to take prexy helm of startup being launched by Boston-based entrepreneur
Tom Lines. Tho co is keeping cards close
to vest for now, 1st effort out gate is energy drink called Nitrous Express
that’s currently debuting at SEMA car-gear expo in Las Vegas. It’s got similar premise to Fuze’s NOS, now
owned by Coca-Cola, in that it licenses brand of engine-boosting accessory for
car tuner crowd, tho many view Nitrous Express as up-and-comer vs established,
older-skewing NOS brand from carburetor maker Holley. And there’s other twist: this, and future
brands from co that for now is called Futuristic Brands rep big play behind
quercetin, antioxidant-rich phytochemical that is mainstay of supplement biz
and is used in bev brands like FRS, in which Lines is investor. Brand is launching in 16.9-oz cans and 24-oz
PET bottles and will take DSD route to market, positioned as highly
caffeinated, more-mainstream energy drink than healthier-skewing FRS. Note that many major bevcos are said to be sniffing at quercetin’s
potential, tho ingredient is not yet rated as GRAS (generally recognized as
safe). It’s variously credited with
anti-cancer, anti-inflammatory and other properties. FRS plays it up as helping keep users
energized for longer.
Remains Shareholder, Advisor to
Function Bob remains “fairly
substantial” investor in Function and also holds vested options, and will stay
involved long enough to help kick off revamped version of 16.9-oz bottle in
Boston and NY markets in coming weeks (BBI, Oct 30). Rather than seeking replacement, Function
will elevate current divisional vp’s to svp’s and they’ll now report directly
to ceo Dayton Miller (no relation to Bob), Dayton told BBI. Bob said Function was original licensee of
Nitrous Express brand, which he terms “younger, hipper version of NOS,” but
when co decided not to pursue entry he steered license to Lines, whose prior
involvements have included likes of Mad Croc and Red Devil energy lines and
Black Death Vodka, not to mention FRS.
Tho NOS was ancillary brand within Fuze portfolio, it ignited around
time Coke bought Fuze and until slowing recently had been outstanding energy
drink performer. Note that Monster
Energy’s Nitrous energy is unrelated, referring to nitrogen dispensing
technology of product.