American Water Star Adds Two New Distributors; Products Enter the New York and Pennsylvania Markets.Business Editors LAS VEGAS--(BUSINESS WIRE)--Aug. 7, 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 ) announced that effective immediately, American Water Star has added two additional distributors covering a variety of accounts in the northeast United States. Gasko & Meyer Inc. in Lake Huntington, N.Y. has begun distributing all American Water Star brands into western New York
Western New York refers to the westernmost region of New York State. state and north eastern Pennsylvania. Oak Beverages Inc. has recently acquired Red Hook Distributing, an existing American Water Star distributor that was covering some of the boroughs of New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Oak Beverages has expanded the distributor territory for American Water Star products into all of the New York City boroughs, as well as Long Island and Westchester. Roger Mohlman, 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. and president of American Water Star, stated, "The addition of these two strong distributors to our team means we have added over 100 more sales personnel bringing our fine beverages to this very populous area." About American Water Star Inc. American Water Star Inc. ("AMWS") is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : AMWS, and is engaged in the beverage bottling industry. Its product brands are both licensed and developed in-house, and bottled in strategic locations throughout the United States. AMWS' beverage products are sold by the truckload, principally to distributors, who sell to retail stores, corner grocery stores, convenience stores, schools and other outlets. At AMWS, we believe our great-tasting, new zero sugar, zero calorie flavored water beverages have positioned us to capture a large share of the market for healthy flavored waters. Some of our products include: Power Punch -- our new non-sugared, 0 calorie, 0 carbohydrates, 0 sodium, vitamin- and mineral-enriched, fruit-flavored beverage brand; Cool Luc -- our licensed underground extreme energy drinks are a favorite among the hip, adult market; Geyser Fruit Beverages -- our line of eight different fruit-flavored waters have proven to be popular with consumers; Geyser Fruta -- our Latin line of four different fruit-flavored waters; and our newest addition, Hawaiian Tropic -- our latest product featuring a sugar-free, no carbonation, caffeine-free, sodium-free tropical drink. Flavors include Strawberry Kiwi, Lemon Lime, Orange Guava guava (gwä`və), small evergreen tree or shrub of the genus Psidium of the family Myrtaceae (myrtle family), native to tropical America and grown elsewhere for its ornamental flowers and edible fruit. and Pineapple Grapefruit. Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, the ability to negotiate outstanding prior debts of acquired companies; properly identify acquisition partners; adequately perform due diligence; manage and integrate acquired businesses; raise working capital and secure other financing; respond to competition and rapidly changing technology; deal with market and stock price fluctuations; and other risks. These risks are and will be detailed, from time to time, in AMWS' Securities and Exchange Commission filings, including Form 10-KSB for the year ended Dec. 31, 2002, and subsequent Forms 10-QSB and 8-K. Actual results may differ materially from management's expectations. |
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