All-Star Beverages Inc. Enters into Letter of Intent with Liqui-Box Canada Inc., a DuPont Canada Company.Business Editors LAS VEGAS--(BUSINESS WIRE)--Feb. 19, 2003 American Water Star Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMWS AMWS Annual Mean Wind Speed AMWS Assault Maneuver Weapon System (Xenosaga game) AMWS Advanced Missile Warning System AMWS Agile Multi-Role Weapon System ), through its subsidiary All-Star Beverages Inc., has entered into a letter of intent with Liqui-Box Canada Inc., a DuPont Canada company Canada Company, land settlement company chartered in England in 1826. It was initiated by the Scottish novelist John Galt, who proposed that Upper Canada (Ontario) sell government lands in order to raise money to compensate settlers who had suffered losses from the , for the installation of equipment designed to package their beverages in Mini-Sip(R) pouches. Liqui-Box Canada Inc. is a global leading manufacturer of flexible films and systems for the packaging of liquids and pumpable food products. They offer a wide spectrum of proprietary films for the containment of beverages such as milk, juice, shelf stable drinks and water in flexible pouches ranging in size from four ounces to one-half gallon. Their filler technologies include pasteurized pas·teur·ize tr.v. pas·teur·ized, pas·teur·iz·ing, pas·teur·iz·es To subject (a beverage or other food) to pasteurization. pas cold fill, hot fill and UHT UHT ultra-heat-treated (milk or cream) UHT adj abbr (= ultra heat treated): UHT milk → leche f uperizada UHT adj abbr (= ultra-heat treated); aseptic aseptic /asep·tic/ (-tik) free from infection or septic material. a·sep·tic adj. Of, relating to, or characterized by asepsis. . All-Star Beverages Inc. plans to market its Power Punch, Cal Sun and H2O beverages in the Mini-Sip(R) pouch because of the many benefits of the pouch -- differentiation in the market place and cost savings related to operations, packaging, storage and shipping. The pouch is an environmentally responsible alternative to other packages because of source reduction that also brings additional savings in trash disposal -- a very attractive benefit to schools and institutions with ever-decreasing budgets. Kids of all ages love this fun, easy-to-use package. All-Star Beverages Inc. will utilize the Mini-Sip(R) pouch in the marketing of its beverages to schools, hospitals, military personnel and retail consumers. The cost advantages of the pouch will position our products well against other products in the mass market and retail space. American Water Star Inc.'s 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. , Roger Mohlman, said, "American Water Star Inc. is very excited about this new relationship between All-Star Beverages Inc. and Liqui-Box Canada Inc. We believe that the pouch is the package of the future for beverages and will help us achieve dramatic growth in the markets we enter." This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the company claims the protection of the safe harbor for forward-looking statements provisions contained 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 and any amendments thereto. Such forward-looking statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that production, pricing levels or other factors pertaining to the manufacturing and retail operations will be sustained at the expected rates or levels over time. Discussions of factors, which may affect future results, are contained in the company's most recent filings. |
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