Aqua Vie Beverage Corporation to Bottle in France.KETCHUM, Idaho--(BUSINESS WIRE)--Sept. 22, 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 had reached an agreement with Delifruits S. A., an aceptic bottling facility in Valence, in S.E. France, whereby Aqua Vie will begin production of Aqua Vie products within approximately three months. Delifruits is one of Frances's largest aceptic bottling facilities of beverage and fruit products, and operates a state-of-the-art manufacturing facility where it currently incorporates the use of the same proprietary aseptic aseptic /asep·tic/ (-tik) free from infection or septic material. a·sep·tic adj. Of, relating to, or characterized by asepsis. bottling process presently being used to manufacture Aqua Vie products in the U. S. The agreement is subject to completion of due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , and definitive documentation, which is expected to be completed within approximately sixty days. In commenting on the announcement, Tom Gillespie, founder of Aqua Vie said, "Europe has always been a high priority market for Aqua Vie, since early test marketing indicated European's strong preference for non-carbonated products. It provides Aqua Vie's products a competitive price edge for H. A. Cosmos, presently representing Aqua Vie's new distributors in Israel, Jordan, The West Bank, Gaza and Spain, as well as those areas that Aqua Vie presently has under negotiation including Egypt, Kuwait, and Saudi Arabia Saudi Arabia (sä `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. . For further information on Aqua Vie Beverage Corporation, visit our 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 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. |
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