WTAA, great news out today!
Monday, 16 Aug 1999 at 10:24 AM EDT
Post # of 75
WTAA NEWS RELEASE
August 16, 1999
?WTAA? to Market Award Winning Nanton Sparkling Spring Water
Calgary, Canada: Chairman & CEO, Bill McKay and Nanton President, Brad Wallace, are pleased to announce that Canadian Cool
Clear WTAA, Inc. (?WTAA?) has entered into an exclusive Marketing Agreement with Nanton Soda & Water Ltd of Alberta, a 20 year old
company renowned for the quality of its products and its distinctive blue bottle. Early settlers characterized the water of the town of
Nanton, Alberta as ?Canada?s Finest Drinking Water?. This accolade was expanded when the Company was awarded the prestigious
Gold Medallion for the ?World?s Finest Sparking Spring Water? at the 1986 World Exposition. This agreement provides WTAA with
tremendous strength in the sparkling water market, especially when combined with WTAA's "Renoir Sparkling Water" products (News
Release dated July 27, 1999), which will be sold throughout North America. These outstanding products will compete directly with the
world's best sparkling water products.
This Marketing Rights Agreement, which evolved out of the Letter of Intent announced in WTAA's News Release dated January 27, 1999,
enables the Company to execute a more flexible and comprehensive marketing approach to the North American sparkling water market.
WTAA will take over all of Nanton's existing food service accounts in Canada, including Safeway, the Earl?s Restaurant Chain and
Canadian Pacific Hotels, whose properties include the Rocky Mountain Resorts of Banff Springs, Chateau Lake Louise, Kananaskis
Lodge and Chateau Whistler. Nanton's historical revenues have been in the range of $500K, based on sales to food service and
grocery store accounts in Western Canada only. Based on the combined sparkling water program with Renoir Water, WTAA expects to
quadruple sales in Western Canada over the next year. North American sales of Nanton and Renoir for the year 2000 are projected to
represent roughly ten percent of the Company's overall revenues.
Canadian Cool Clear Wtaa Inc. is ? a consolidator of 5.0 gallon home and office bottled water companies throughout Western North
America ? layered with a sophisticated licensing and custom label national marketing program for small packaged bottled water ?
topped off with prestigious sparkling spring water products that rival the world's best.
For investment information:
Phone: (877) 280-WTAA (9822)
E-Mail: investorinfo@wtaa.com Web Site: wtaa.com
1027 South Rainbow Boulevard - Unit 391, Las Vegas, Nevada 89128
For media information contact: Mr. Ian Klassen
Email: irinfo@istar.ca
Toll: (800) 499-0988
NOTE: Safe Harbor for Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made
pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Forward-looking statements involve known and
unknown risks and uncertainties that may cause the company's actual results in the future periods to differ materially from forecasted
results. These risks and uncertainties include, among other things, volatility of prices, product demand, market compensation, and
risks inherent in the company's international operations.
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