AVBC-NEWS! (COMTEX) B: Aqua Vie Names Former 7-Up Executive to Head up Marketing B: Aqua Vie Names Former 7-Up Executive to Head up Marketing and Sales in Europe KETCHUM, Idaho, Apr 3, 2000 /PRNewswire via COMTEX/ -- Thomas Gillespie, president and chief executive officer of Aqua Vie Beverage Corporation (OTC Bulletin Board: AVBC), announced today that the company has named Antonio Doria to head up its European marketing and sales effort. Doria, who was most recently associated with Globefern USA, Inc., a global marketing, trading and communications consultancy and operating organization, has over 20 years of professional experience in executive management positions, including five years with Seven-Up International (a Philip Morris Company), and several years with The Coca-Cola Company. With Seven-Up, he served as general manager and marketing manager of the company's European operations in Lausanne, Switzerland and president of the company's South American business unit, from the company's Latin American headquarters in Buenos Aires. During his tenure, the company's South American operations achieved a 38 percent increase in revenue and a 500 percent increase in income over approved budget projections. At Coke, he initially served as general administration manager and was later promoted to the position of general manager with responsibility for Eastern Europe and Israel. Appointment of Doria is consistent with the company's decision to focus on product sales in France, England and other key markets in Europe. In addition to his marketing and sales responsibilities, Doria will act as manufacturing liaison with Delifruits, S.A., Aqua Vie's European bottler located in Valence, France. Gillespie expects the Valence bottling plant to begin bottling half-liter bottles in the company's new clear shrink-to-fit labels within approximately 120 days for shipment to France, Saudi Arabia and China, as well as a number of additional countries in Europe and the Middle East that were test marketed last fall. "In addition to his considerable global network, Antonio brings an unparalleled depth of knowledge concerning overseas operations, and I am confident he will help us shorten the time to market for Aqua Vie Hydrators. His relationships with overseas distribution channels will serve the company well as we convert to all-new packaging and launch additional products later this year," said Gillespie. Gillespie indicated that on the domestic front, Aqua Vie is preparing for its participation in the Food Marketing Institute (FMI) Show, which will be held in Chicago in early May. "In advance of the show, we have begun to garner the interest of a number of key players, and we look forward to exerting a major presence in Chicago," said Gillespie. 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 half-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 Vie's 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 (C) 2000 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Thomas Gillespie, President/CEO of Aqua Vie Beverage Corp., 208-622-7792; or Madeleine Franco of Jordan Richard Assoc., 8 1-268-8610, ir@jordanrichard.com, for Aqua Vie Beverage Corp. KEYWORD: Idaho INDUSTRY KEYWORD: REA FOD SUBJECT CODE: PER URL: jordanrichard.com aquavie.com *** end of story *** |