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To: Wren who wrote (2279)	5/8/2000 2:17:00 PM
From: Riverlightning	Respond to of 2346

Could FFS be the New Zealand partner here? Everyone should look into AQCI as well. This company IMO has more potential than any bulletin board company. Revolutionary patented technology and contracts potentially worth billions. Tuesday April 18, 2:01 pm Eastern Time Company Press Release AQCI Announces Newest Strategic Alliance and 'Third Continent Project' in New Zealand VERNON, B.C.--(BUSINESS WIRE)--April 18, 2000--Aquatic Cellulose International Corp., (OTCBB: AQCI - news) - Aquatic Cellulose International has announced the expansion of its international operations to a third continent. In its announcement, the company stated that it has entered into an agreement with a New Zealand forest company for the harvesting of aquatic timber from waterways in the lower North Island of New Zealand. In making this major announcement, Gary Ackles, President and CEO of AQCI stated, ``I am very excited about this project. This project has certain unique qualities which I believe shall not only provide to us an interesting, even an amazing product, resource, and information relating to the nature of our planet, it can potentially also provide to AQCI a resource from which it can obtain a higher margin revenue than from any other project site that AQCI has evaluated during AQCI's numerous surveys worldwide.'' Michael Lacy, AQCI's Director of Investor Relations announced that, ``Information relating to this project shall be released to the public during an upcoming multimedia news conference to be held for the Canadian press. During this press conference, samples from the New Zealand site along with test results relating to the samples shall be released to the general public through the news conference.'' Mr. Ackles concluded the companies announcements by stating, ``Our expansion into New Zealand is further evidence that AQCI is the premier driving force in this rapidly emerging global industry. This expansion is also a testament to the dedicated work of our team in proving AQCI's cutting edge, computerized, underwater robotic technology, under harsh Amazonian conditions. Now that we have proven our abilities and technological advances in Brazil, I eagerly look forward to the rapid development of this potentially high margin revenue project.'' ``Representatives from AQCI will soon depart for New Zealand to establish the ground work for implementing its planned mobilization into New Zealand. AQCI will provide further details relating to the New Zealand project at AQCI's upcoming Canadian news conference and immediately thereafter.'' About the Company Aquatic Cellulose International Corp. is a growth-stage, technology-based company, retrieving what was once considered a lost natural resource. That resource is aquatic timber. Gary Ackles, President and CEO of Aquatic Cellulose International Corp., has developed and patented a unique robotic technology for cutting and retrieving this timber and has granted exclusive rights to Aquatic Cellulose for use in underwater logging. This ``diverless'' system, dramatically increases production capabilities, thus enabling large scale harvesting operations that are now commercially viable. Aquatic Cellulose is positioned at the extreme forefront of an emerging industry worth untold billions in untapped timber reserves. In November of 1999, the company began its first such large scale operation beneath the Tucurui reservoir in Amazon region in northern Brazil. Estimated at over $US 600,000,000, this multi-phase project is expected to take up to twenty years to complete. In February of 2000, Aquatic Cellulose introduced 'THE AMAZON LINE' at the annual National Association of Music Merchandisers (N.A.M.M.) Convention in Los Angeles. 'THE AMAZON LINE' is a unique product line of Brazilian, tropical hardwoods marketed to a wide range of consumer and industrial related industries. The company has secured the Internet domain name www.amazonline.com and is in the process of building this web site for e-commerce. Aquatic Cellulose is proud of the fact that every tree recovered from its operations is, in essence, one less that needs to be cut from the rain forest. Counting over 38,000 dams as potential sites, not to mention countless lakes, rivers and tributaries, AQCI has an unlimited opportunity for future operations. For more information about this fascinating company, please visit our new web site at www.aquaticcellulose.com and join our growing e-mail list. This press release contains statements that constitute forward statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that may cause or contribute to such differences include, among other things, the Company's dependence on one customer, seasonality of the Company's retrieval business and risk of future losses from operations. Other risks and uncertainties include changes in business conditions and the economy in general, changes in governmental regulations, unforseen litigation and other risk factors identified. The Company undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this press release. The NASD OTC has neither approved nor disapproved of the information contained herein. -------------------------------------------------------------------------------- Contact: Aquatic Cellulose International Corp. Mr. Gary Ackles, 250/558-5410 Website: www.aquaticcellulose.com -------------------------------------------------------------------------------- More Quotes and News: Aquatic Cellulose International Corp (OTC BB:AQCI.OB - news) Related News Categories: paper/forest