American Career Centers Inc. Plans Name Change to Water Star Inc.Business Editors LAS VEGAS--(BUSINESS WIRE)--March 13, 2002 American Career Centers Inc. (symbol BB: ACCI ACCI Australian Chamber of Commerce and Industry ACCI American Council on Consumer Interests ACCI Association of Crafts & Creative Industries ACCI American Consortium of Certified Interpreters ACCI African Center for Crop Improvement ACCI Air Compliance Consultants Inc. ) Wednesday announced that its board of directors has recommended the company change its name to Water Star Inc. After ACCI completed the acquisition of Water Star Bottling Inc. and its 85 percent owned subsidiary Geyser geyser (gī`zər) [Icel.], hot spring from which water and steam are ejected periodically to heights ranging from a few to several hundred feet. Products on Feb. 28, 2002, the board of directors unanimously recommend that the company take the necessary steps to change its name to reflect the change in the company's business activities. Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs Krucker, president of ACCI, stated, "It is our desire to have the name of our company more accurately reflect our business activities. At this time, Water Star Bottling, our newly acquired subsidiary, distributes its products in all 50 states. "Consumers have already endorsed Water Star's unique product line and demonstrated its preference for Geyser's unique packaging and flavored drinks with about $8 million in annual sales for the past few years." Since being acquired by ACCI, Water Star has moved to expand its already extensive distribution system. The company has added six new points of distribution in the greater New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of area, new distribution has been obtained in the Northwest, and in Nevada, one of the largest supermarket chains will stock Water Star's products in all 27 of its stores in the Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. area. The company plans to continue to rapidly expand its active distribution relationships throughout the country. Jerry Ludeman, president of Geyser Products, the company's marketing and distribution arm, stated, "We will continue to focus our efforts on building on our already extensive distribution system. It is our goal to build a national brand based on our unique water from 'The Geyser.' Our brand combines products that consumers love and a name and package that is easily recognized. "We believe that our distribution network, our brand and our dedication to providing the finest products, is the key to build a national brand." Ludeman added that, "It is our goal to develop a premium brand that is sought out by consumers and has the potential to achieve a premium valuation for our shareholders." Water Star was founded in 1992 utilizing ice-cold, pure spring water from North America's only cold water geyser. The company's unique natural water source is located south of Yellowstone National Park Yellowstone National Park, 2,219,791 acres (899,015 hectares), the world's first national park (est. 1872), NW Wyo., extending into Montana and Idaho. It lies mainly on a broad plateau in the Rocky Mts., on the Continental Divide, c. and Jackson Hole Jackson Hole, fertile Rocky Mt. valley, c.50 mi (80 km) long and 6 to 8 mi (9.6–12.8 km) wide, NW Wyo., partly in Grand Teton National Park. Jackson Lake, 39 sq mi (101 sq km), a natural lake through which the Snake River flows, was dammed in 1916 to control , Wyo. Water Star's products are distributed throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company is focused on expanding existing sales channels, adding new sales through specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" and mass merchandiser retailers as well as new distribution agreements with top distributors and retailers nationally. For additional information see the Water Star's Web site at www.geyserbev.com or contact Investor Relations Investor relations The process by which the corporation communicates with its investors. , Don Hejmanoski at 702/616-2474 or by e-mail at ACCIpresident@aol.com. The statements made in this press release, which are not historical facts, contain certain 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. concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The completion of the Water Star transaction and actual results of owning Water Star Bottling as described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. |
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