Aqua Vie Beverage Corporation Announces Appointment of John J. Cooper as Vice President of Finance.KETCHUM, Idaho--(BUSINESS WIRE)--Aug. 18, 1998--Aqua Vie Beverage Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :AVBC AVBC Aqua Vie Beverage Corporation (stock symbol) ) announced today that it has reached an agreement with John J. Cooper, whereby Cooper will become Aqua Vie's Vice President of Finance. Cooper has an M.B.A. in Finance from the Stern School of Business at New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the , and has over ten years of broad business experience, most recently as Director of Corporate Finance for a regional investment bank located in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as " . Prior to that, he was an Associate with Dominion Income Management where he specialized in the firm's private security analysis and investment management. Prior to that he has had technological and analytical positions with Prudential Equity Investors, Inc. N. Y., and with Skadden, Arp's Slate, Meagher & Flom, N. Y. Cooper will be moving from Scottsdale, Arizona, to Sun Valley this month. In commenting on the announcement, Tom Gillespie, the founder of Aqua Vie said, "We are very pleased to have John join Aqua Vie at this pivotal time in the Company's development. He represents a dynamic part of our team, as the Company continues its efforts to broaden all facets of its management depth." Cooper commented that, "Aqua Vie is well positioned to execute their marketing plan and I look forward to assisting Tom and the Aqua Vie team in the execution of their 1998 expansion, and the national introduction of their four functional beverage lines." Aqua Vie produces the long awaited Hydrator(tm) all natural product line of seven flavored non-carbonated spring waters, that were designed to increase one's personal consumption of spring water, naturally. The underlying technology also serves as the new delivery system for Aqua Vie's "nutritionally fortified fortified (fôrt 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. All four product lines will be introduced at InterBev in October 1998. For further information on Aqua Vie Beverage Corporation, visit our web site at: www. aquavie.com This release may contain 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. 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 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.
CONTACT: Aqua Vie Beverage Corporation, Ketchum
Investor Relations: Jim Parker, 888/766-3425
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