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Non-Tech : The Children's Beverage Group (TCBG) -- Ignore unavailable to you. Want to Upgrade?

To: arriba who wrote (311)	6/25/1998 11:09:00 AM
From: OFW	Read Replies (2) \| Respond to of 2452

NORTHBROOK, Ill.--(BUSINESS WIRE)--June 25, 1998--The Children's Beverage Group Inc. (NASDAQ BB:TCBG), a manufacturer of specialty children's beverage packaging, announced Thursday that due to increasing retailer demand for its innovative no-spill, stand-up drink pouch, that product will be available immediately from their exclusive Volpak form, fill & seal manufacturing unit located at the Sweet Ripe Drinks Ltd. facility in Ontario, Canada. "Our customers, which include the top 10 retailers in America, want product in their hands immediately," said Jon Darmstadter, president & CEO of The Children's Beverage Group, "and that's because our revolutionary, patent pending 'rip it sip it(tm)' drink pouch is turning out to be a big hit with consumers. To take advantage of this exciting opportunity, we're launching our production effort early at the Sweet Ripe facility, beginning with our own BrainForest(tm) spring water and juice drink brand." The Children's Beverage Group expects to have three Volpak machines producing over 30 million units, representing over $5 million in revenues, by the end of 1998. As previously announced, additional manufacturing capacity is being expedited at America's largest private label juice manufacturer, Cliffstar Corp. With new manufacturing units coming on line in 1999, over 200 million units will be produced, representing in excess of $30 million in revenues. The Children's Beverage Group is the exclusive supplier of juice drink pouches to be included with Winn Dixie's (NYSE:WIN) new PAK.A.LUNCH(r) product, representing over 8 million units per year. Also, The Children's Beverage Group and Wal-Mart's Great Value Brand (NYSE:WMT) are sponsors of the 1998 Indy 500 Winners: Team Cheever. 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 "rip it sip it(tm)." --30--jd/mi* CONTACT: For Additional Information & Real Time News: stockprofiles.com For more information contact: Jon Darmstadter, President & CEO, 847/562-4040