Tuesday August 17, 11:23 am Eastern Time
Company Press Release
Volpak SA Confirms Delivery of Eight Machines
NORTHBROOK, Ill.--(BUSINESS WIRE)--Aug. 17, 1999--Volpak SA has confirmed delivery on eight Volpak 240 DF horizontal form, fill and seal pouch-making machines. The delivery schedule is as follows: December 1999 - four machines, January 2000 - two machines and February 2000 there will be two additional machines delivered.
Jon Darmstadter President & CEO of The Children's Beverage Group, Inc. (OTC/BB: TCBG) stated, ''With this confirmed delivery schedule for our new Rochester, NY facility we can now look forward to begin producing product in January 2000 with the first four machines. Full production will begin in April 2000. The 14 machines that will be in place will enable us to satisfy 50% of our current demand. At the same time, we will continue pursuing additional Industrial Revenue Bond opportunities to satisfy the balance of our production demands.''
The Children's Beverage Group, Inc. is a unique beverage company directed at the billion dollar plus children's beverage market. The company's mission and goal has been to create cutting edge products using the latest in packaging technology. It features a patented no. 09/005,627, ''Self-Contained Fluid Dispensing System'' known in the trade as the 'rip it sip it' system. The company's products are being marketed by national retailers like Wal-Mart® (NYSE: WMT - news). The company has been featured on the nationally broadcast television program ''Emerging Public Companies.... the Story Behind the Symbol.''
The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company: the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of the implementation and the scope and success of the program described here.
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Contact:
Investor Awareness, Inc.
Tony Schor, 847/945-2222
www.investorawareness.com
or
The Children's Beverage Group, Inc.
Jon Darmstadter, 847/562-4040 |
