To: dANIEL tADESSE who wrote (2411 ) 5/7/1999 11:07:00 AM From: Invstd Read Replies (1) | Respond to of 2452
NEWS!!: TCBG to Open Manufacturing Facility Link: investor.msn.com Article: The Children's Beverage Group, Inc. to Open Manufacturing Facility May 7, 1999 10:20 AM NORTHBROOK, Ill., May 7 /PRNewswire/ -- The Children's Beverage Group, Inc. TCBG has signed a letter of intent to open the first state of the art exclusive stand-up pouchmaking beverage facility, utilizing its patented self-contained fluid dispensing system in the United States. The 120,000 square foot facility located in Rochester, New York will utilize all of the latest beverage machinery and packaging technology, strictly dedicated to the delivery of the finest children's stand-up beverage pouch in the United States. Jon Darmstadter President & CEO of The Children's Beverage Group, Inc. states "This one of a kind manufacturing facility will give The Children's Beverage Group, Inc. an additional thirty million dollar ($30,000,000.00) manufacturing capacity for the year 2000. It also positions us to begin to respond to the intense interest generated by our newly acquired patent, by a number of major branded players, who wish to bring a stand-up beverage pouch manufactured by The Children's Beverage Group, Inc. to the children's marketplace." The Children's Beverage Group, Inc. is a unique beverage company directed at the billion dollar plus children's beverage market. The company's mission and goal has been to create cutting edge products using the latest in packaging technology. It features a patented no. 09/005,627, "Self-Contained Fluid Dispensing System" known in the trade as the 'rip it sip it'(TM) system. The company's products are being marketed by national retailers like Wal*Mart(R). The company has been featured on the nationally broadcast television program "Emerging Public Companies...the Story Behind the Symbol". The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company: the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of the implementation and the scope and success of the program described here. SOURCE Children's Beverage Group, Inc.