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Aqua Vie Beverage Corp. and Delifruits SA Enter Into Three Year Production Agreement.


PARIS--(BUSINESS WIRE)--Feb. 9, 1999--Thomas Gillespie, founder and chairman of the board of Aqua Vie Beverage Corp. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:AVBC AVBC Aqua Vie Beverage Corporation (stock symbol) ), announced today that Aqua Vie has entered into a definitive three year production agreement with Delifruits SA, whereby Delifruits has agreed to provide bottling production for Aqua Vie's five beverage product lines, as well the produce PET bottles for Aqua Vie.

The agreement includes for the production of Aqua Vie's Hydrator(TM) product line to begin March 15, 1999, for immediate shipment to Aqua Vie's exclusive distributor in Israel; "H.A. Cosmos Trade Ltd.," to be distributed throughout Israel, Jordan, The West Bank, Gaza, and Spain, as well as to Aqua Vie's exclusive distributor in Saudi Arabia Saudi Arabia (sä`dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. ; "Batterjee Medical Services," to be distributed throughout Saudi Arabia, Kuwait, Syria, Yemen, Oman, Bahrain, Iran, United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman.  and several countries in northeastern Africa. Additionally, initial shipments of Aqua Vie's Hydrators(TM) will be shipped to distributors in 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
 and Florida.

Delifruits SA, is an aseptic aseptic /asep·tic/ (-tik) free from infection or septic material.

a·sep·tic
adj.
Of, relating to, or characterized by asepsis.
 bottling facility located in Valence, in S.E. France. It is owned by Bongrain SA, a large food company that is primarily known for its global cheese and dairy manufacturing and distribution. Delifruits is one of the largest, and fastest growing aseptic beverage manufacturers in France. It presently produces products for Lipton, Rivella, as well as private labels for some of the largest food distributors in Europe, including Carrefour, Auchan, Leclerc, Intermarche, System U, Waitrose, Sainsbury, Morrisons, and Europa/Cullens, amongst others. Aside from producing beverages of impeccable quality, Delifruits is well known for their "new product" innovation.

In commenting on the announcement, Tom Gillespie founder of Aqua Vie said, "Delifruits is a company that has quickly become a leader in the uses of the latest technologies to create a higher quality of food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods.  product. The company's management is young, but seasoned in this unique approach of creating products that are absolutely healthier for consumers. The long term goals of both of Aqua Vie and Delifruits are very similar, and I believe this alliance will be very beneficial to the growth of both Delifruits and Aqua Vie. It will also clearly establish a firm foundation for Aqua Vie's international expansion, while the company simultaneously executes its 1999 U.S. launch, beginning with California, New York and Florida."

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Gillespie, Herve Franceschi will be overseeing Aqua Vie's production in France. Franceschi, born and raised in France, conducted the first tests on the aseptic processing of "all natural" beverages in PET plastic in the U.S. Prior to that, Franceschi was the vice president of sales for Remy Aseptic Beverage Fillers in the U.S. He later went on to test the first Remy filler for beverages in the U.S. at Lyons Magnus Bottling Facility, in California.

Aqua Vie produces the Hydrator(TM) line of beverages, a low calorie all natural product line of seven lightly flavored non-carbonated spring waters, which were designed to increase one's personal consumption of water. The underlying technology also serves as the new delivery system for Aqua Vie's "nutritionally fortified fortified (fôrt´fīd),
adj containing additives more potent than the principal ingredient.
" E Line(TM): Elixir elixir /elix·ir/ (e-lik´ser) a clear, sweetened, alcohol-containing, usually hydroalcoholic liquid containing flavoring substances and sometimes active medicinal ingredients.

e·lix·ir
n.
(TM), Empower(TM), and Ecstasy(TM), its nutritionally specific Aquaceuticals(TM), and Aqua Vie's Non-Alcoholic Wine Beverages made from spring water. In early 1999, Aqua Vie will also be introducing a line of "all natural" single serve, Aqua Vie Smoothies(TM).

For further information on Aqua Vie Beverage Corp., visit their web site at: http://www.aquavie.com.

This release may contain forward-looking statements that involve risks and uncertainties including, without limitation, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes, the company's dependence upon financing, third-party suppliers and intellectual property rights, and other risks as may be detailed from time to time in the company's federal filings, annual report, offering memorandum Offering Memorandum

A legal document stating the objectives, risks, and terms of investment involved with a private placement.

Notes:
The private placement of hedge funds necessitates the issue of memorandums.
, or prospectus.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 11, 1999
Words:638
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