Aubryn International Inc. Reaches Settlement With Jack Daniel's Properties Inc.Business Editors UPLAND, Calif.--(BUSINESS WIRE)--July 5, 2001 Aubryn International Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ARBN ARBN Australian Registered Body Number ARBN Asian Rice Biotechnology Network ARBN Australian Registered Business Number ARBN African Rice Blast Nursery ) today announced that they had reached a settlement with Jack Daniel's For the running coach, see . For the British car engineer, see . For the American politician, see . Jack Daniel's is a Tennessee whiskey distillery and brand known for its rectangular bottles and black label. Properties Inc. ("JDPI JDPI Juvenile Death Penalty Initiative JDPI Joint Deployment Process Initiative JDPI Joint Designated Point of Impact "), a wholly owned division of Brown-Forman Corp. of Louisville, Ky. a Delaware Corp., the maker of Southern Comfort liqueurs Liqueurs are high-alcohol, high-sugar beverages with added flavorings usually derived from herbs, fruits, or nuts. Liqueurs are distinct from flavored liquors, fruit brandy and eau de vie which contain no sugar. Most liqueurs range between 15 and 70 percent alcohol by volume. , Lenox China, Bolia Wines, Korbel Champagnes, Harmann luggage and Gorman Tableware and giftware, in reference to a filing by JDPI. A stipulation will be filed, July 5, 2001, and the Monday 9, 2001 hearing date will be canceled immediately. "Aubryn and JDPI have come to an understanding in reference to the confusion behind the company's sales of spring water and the JDPI brand name," commented R. Bruce Harris Bruce Harris (born 1955 in Scotland, United Kingdom) is the disgraced former executive director of Casa Alianza, from 1989 to September 2004. He was dismissed from this post after admitting he had paid a young adult male, who had earlier been in the care of Casa Alianza, for sex. , 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. of Aubryn. "There has not been any infringement by Aubryn in connection the trademarks or brand name owned by JDPI. Aubryn (ARBN) would like to state again that we are not bottling spring water under the Jack Daniel's name, has never intended on selling bottled water under the name or trademark of "Jack Daniel's" which is owned by JDPI. Our partnership with Gorman on the spring water property will be very successful for the company, and now that both parties have come to an agreement, we look forward to continuing our negotiations with others in various bottled water contracts." Harris continued: "Aubryn(ARBN) is focused on developing the Gorman site for distribution and sales of Spring Water, giving us an instant revenue stream and continue the company's growth. Obviously spring water is a very big deal and having recently received a $28 million dollar plus valuation on our spring water property along with quality tests that exceeded our expectations is very good news. "We have exceptionally fine spring water and are extremely excited about our upcoming possibilities. The recognition that we have received on this project will help to enhance our future sales growth and increase our visibility in the public market. We feel we have a great opportunity in the market to create a value for the company and its shareholders, beyond our initial expectations. We look forward in the coming days to more great news." This news release may contain forward-looking statements, which involve known and unknown risk, uncertainties or other factors that could cause actual results to materially differ from the results, performance, or expectations implied by these forward-looking statements. The issuer's expectations among other things are dependant upon Adj. 1. dependant upon - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent on, contingent upon, dependant on, dependent on, dependent upon, depending on, contingent general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, as well as other uncontrollable or unknown factors. |
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