NEWS:::
Monday September 14, 2:29 pm Eastern Time
Company Press Release
Aqua Vie Beverage Corp. Announces Exclusive Distribution
Agreement for Israel, Jordan, The West Bank, Gaza, Spain, and
Krogers Products
KETCHUM, Idaho--(BUSINESS WIRE)--Sept. 14, 1998--Aqua Vie Beverage Corp. (OTC:AVBC - news) announced today that it has signed an exclusive distribution agreement with H.A. Cosmos Trade Ltd., of Tel-Aviv, Israel, for the rights to distribute all Aqua Vie product lines in Israel, Jordan, The West Bank, Gaza, and Spain.
H A. Cosmos Trade Ltd. also represents all Krogers Products.
In commenting on the announcement, Tom Gillespie founder of Aqua Vie said, ''H.A. Cosmos Trade Ltd. is an international trading company headed by the former Minister of Industry and Commerce in Israel, Mr. Micha Harish, and Eli Azur, owner of the leading Russian newspaper and co-owner of one of the most popular radio stations in Israel. The company is well connected with the leading figures in the Israeli market and specializes in initiating and establishing business relations between Israel and foreign companies and operates through partnership agreements with local companies in many countries around the world such as Spain, India, Morocco, China, South Africa and others. The company is a model team player in Aqua Vie Beverage Corp.'s overall distribution strategy.''
Since its establishment in 1996, this dynamic Israeli trading company has been growing at an impressive rate. At the heart of the company's track record lies a winning combination of franchises and strategic partnerships at various stages of development, from large public corporations to small start-ups. H.A. Cosmos Ltd. selects and trades with companies which have high growth potential and profitability within the Israeli marketplace. The company is also the exclusive representative of ''Kroger Products'' marketed and produced by the largest supermarket chain in the U.S., with over 1,350 food stores across 24 states. The company also holds a stake in U.S.M. Mattresses, the exclusive representative in Israel for ''Englander,'' one of the prime mattress manufacturers in the United States.
Mr. Erin Harish, general manager of H.A. Cosmos Trade Ltd. said, ''I'm sure that Aqua Vie Beverage Corp. and H.A. Cosmos Trade Ltd. will enjoy a very fruitful and rewarding relationship that will greatly benefit both of our companies.''
For further information on Aqua Vie Beverage Corp., 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 Corp.
Jim Parker, 888/766-3425 |
