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Thursday December 16, 6:00 am Eastern Time
Company Press Release
SOURCE: Aqua Vie Beverage Corporation
Aqua Vie Receives Corporate Approval for U.S. Wal-Mart Stores
KETCHUM, Idaho, Dec. 16 /PRNewswire/ -- Thomas Gillespie, president and chief executive officer of Aqua Vie Beverage Corporation (OTC Bulletin Board: AVBC - news), announced today that the company has received head office approval for product to be carried in all Wal-Mart stores and Supercenters in the U.S., beginning in January 2000.
With headquarters in Bentonville, Ark., as of November 30, 1999, Wal-Mart had 1,803 Wal-Mart stores, 682 Supercenters, and 457 Sam's Clubs in the United States. Internationally, the company operates a total of 985 units located in Argentina, Brazil, Canada, Germany, Mexico, Puerto Rico, and the United Kingdom. The company also participates in joint ventures for the operation of stores in China and Korea.
''Aqua Vie's retail presence with Wal-Mart will allow us to achieve rapid penetration among a widespread and diverse population domestically, with the potential to establish an excellent benchmark presence on four continents,'' said Gillespie. ''We're excited!''
Aqua Vie Beverage Corporation develops and markets all natural, lightly flavored, still (non-carbonated) bottled spring water. The company's low-calorie alternative beverages are bacteria-free and contain no preservatives. Aqua Vie produces and markets the Hydrator(TM) line of beverages in the United States and Europe. This beverage line, comprised of seven low-calorie, all-natural beverages that are lightly flavored and packaged in 1/2-liter bottles, is designed to increase one's personal consumption of water, naturally. The underlying technology also serves as the new delivery system for Aqua Vies nutritionally fortified E Line(TM); Elixir(TM), Empower(TM), and Ecstasy(TM), its nutritionally specific line of Aquaceuticals(TM), and Aqua Vie's nonalcoholic wine and champagne beverages made from spring water. For further information about Aqua Vie Beverage Corporation, visit the company's web site at www.aquavie.com.
NOTE: Statements contained in this release that are not strictly historical are forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties that may cause the company's actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, demand for the company's product both domestically and abroad, the company's ability to continue to develop its market, general economic conditions, and other factors that may be more fully described in the company's literature and any periodic filings with the Securities and Exchange Commission.
SOURCE: Aqua Vie Beverage Corporation
More Quotes and News: Aqua Vie Beverage Corp (OTC BB:AVBC.OB - news) Related News Categories: food/beverage, retail
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