Tuesday September 22, 3:46 pm Eastern Time
Company Press Release
Aqua Vie Beverage Corporation to Bottle in France
KETCHUM, Idaho--(BUSINESS WIRE)--Sept. 22, 1998--Aqua Vie Beverage Corporation (OTC:AVBC - news), announced today that it had reached an agreement with Delifruits S. A., an aceptic bottling facility in Valence, in S.E. France, whereby Aqua Vie will begin production of Aqua Vie products within approximately three months.
Delifruits is one of Frances's largest aceptic bottling facilities of beverage and fruit products, and operates a state-of-the-art manufacturing facility where it currently incorporates the use of the same proprietary aseptic bottling process presently being used to manufacture Aqua Vie products in the U. S.
The agreement is subject to completion of due diligence, and definitive documentation, which is expected to be completed within approximately sixty days.
In commenting on the announcement, Tom Gillespie, founder of Aqua Vie said, ''Europe has always been a high priority market for Aqua Vie, since early test marketing indicated European's strong preference for non-carbonated products. It provides Aqua Vie's products a competitive price edge for H. A. Cosmos, presently representing Aqua Vie's new distributors in Israel, Jordan, The West Bank, Gaza and Spain, as well as those areas that Aqua Vie presently has under negotiation including Egypt, Kuwait, and Saudi Arabia.
For further information on Aqua Vie Beverage Corporation, visit our web site at: aquavie.com
This release may contain forward-looking statements that involve risks and uncertainties including, without limitation, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes, the company's dependence upon financing, third-party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus.
Contact:
Aqua Vie Beverage Corporation
Investor Relations: Jim Parker, 888/766-3425 |
