TCBG,
I am buying all I can get. I am delivering the news release so that you can see for yourself. WalMart deal is signed, sealed and delivered. This means The Childrens Beverage Group will be doing all the private label packaging of soft pack drinks for WalMart worldwide.
Friday June 19, 12:18 pm Eastern Time Company Press Release The Children's Beverage Group Inc. and Wal-Mart's Great Value Brand Team-Up to Sponsor Indy 500 Winner Team Cheever NORTHBROOK, Ill.--(BUSINESS WIRE)--June 19, 1998--The Children's Beverage Group Inc. (NASDAQ BB:TCBG - news), a manufacturer of specialty children's beverage packaging, announced that in recognition of The Children's Beverage Group's commitment to produce its unique no-spill, patent-pending, straw-in-the-pouch fruit drinks for Wal-Mart (NYSE:WMT - news) under the Great Value brand, it will co-sponsor the Team Cheever race car for all Indy Race League events for the 1998-99 season, currently driven by Robby Unser.
The first event is the Pennzoil 200 (NYSE:PZL - news) at the New Hampshire International Speedway which will be broadcast by the CBS Network (NYSE:CBS - news) at 2:00 p.m. on June 28, 1998. Robby Unser is the son of legendary race car driver Bobby Unser.
''We are very proud to have The Children's Beverage Group and Wal-Mart's Great Value brand as a sponsor of Team Cheever,'' said Robby Unser, ''it's about time someone came up with a convenient drink pouch with a built-in straw, which I'll be pleased to introduce to folks I meet while visiting Wal-Mart stores on the racing circuit.''
The unique Great Value brand 10% fruit juice drink manufactured by The Children's Beverage Group will be available at Wal-Mart stores this Fall.
The Children's Beverage Group is a unique beverage company directed at the billion dollar plus children's beverage market. Established in 1995, the company's mission and goal has been to create cutting edge products using the latest in packaging technology under its trademarked ''BrainForest(tm)'' spring water and fruit juice product line. It features a patent pending, self-contained fluid dispensing system known in the trade as the ''rip it sip it(tm)'' system.
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