AQCI Penetrates South American And European Markets.Business Editors VERNON, B.C.--(BUSINESS WIRE)--April 25, 2000 Aquatic Cellulose cellulose, chief constituent of the cell walls of plants. Chemically, it is a carbohydrate that is a high molecular weight polysaccharide. Raw cotton is composed of 91% pure cellulose; other important natural sources are flax, hemp, jute, straw, and wood. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AQCI) announces it has formed a strategic alliance with another Brazilian based lumber company for distribution of its environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] , aquatic timber to both South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and European markets. In discussing these new alliances, Gary Ackles, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AQCI stated; "Recent success in increasing production at our Tucurui project has allowed simultaneous expansion of our Distribution capabilities. Brazilian based lumber companies, Sulpam and Parketek Maderias strengthens AQCI's existing distribution network, enabling accelerated distribution to these huge markets." Mr. Ackles further added; "I have been informed that Parketek Maderias is currently exporting finished products made from AQCI's wood to the European market. This company milestone is further testament to the validity of our aquatic timber in commercial and industrial applications, and to AQCI's leadership in bringing environmentally friendly timber alternatives to global markets." AQCI expects to release news regarding further deliveries of its aquatic timber, as well as other significant company developments, beginning later this week. About the Company Aquatic Cellulose International Corp. (AQCI) is a growth-stage, technology based company retrieving aquatic timber. Gary Ackles, President and CEO of AQCI, has developed and patented a unique robotic harvesting technology and has granted exclusive rights to AQCI for its use in this environmentally friendly industry. This "diverless" harvesting system dramatically increases production capacity sufficient to enable large scale, commercially viable operations. As a result 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 at the Tucurui reservoir in the Amazon region of northern Brazil. Valued at over $US 600,000,000, this multi-phase project is expected to take up to twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. to complete. From its Brazilian operation, Aquatic Cellulose has introduced a new product line of water cured, tropical hardwoods called 'THE AMAZON LINE'. Carefully selected based upon color, density, grain pattern and exotic appearance, 'THE AMAZON LINE' offers uncompromising beauty and "old growth" quality with environmental peace of mind. 'THE AMAZON LINE' is targeted to high-end consumer related markets, ranging from musical instruments to fine furniture to precious works of art. The company has secured the Internet domain www.amazonline.com and is in the process of building this web site for e-commerce. Counting over 38,000 dams worldwide, not to mention endless lakes, rivers and tributaries, there are unlimited global opportunities for future AQCI operations. To learn more 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called 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 NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). has neither approved nor disapproved of the information contained herein. |
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