BEVsystems International, Inc. Completes One for Ten Reverse Stock Split; New Stock Symbol and New CUSIP Number Effective Today.Business Editors MIAMI--(BUSINESS WIRE)--March 15, 2002 BEVsystems International, Inc., a Colorado corporation, formerly Aqua Clara Bottling & Distribution, Inc.("Company"), today completed a one for ten (1:10) reverse stock split of its issued and outstanding stock. The reverse stock split was part of a stock acquisition agreement which BEVsystems International, Ltd., a Bermuda corporation, and the Company entered into on January 15, 2002. The Company began trading on the Over-The-Counter Bulletin Board today under its new trading symbol Trading symbol See: Ticker symbol , "BEVS BEVS Baculovirus Expression Vector System BEVS Build and Enhance Value Solutions " (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BEVS), formerly "AQCB". The Company has also been assigned a new CUSIP Number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. , 088255 10 4. In addition, the Company's new website, http://www.life02.com, was launched today. The Company distributes Life O2 SuperOxygenated bottled water, which is produced using its proprietary Life O2 SuperOxygenation process. The Company acquired the technology and 25 patents, issued in the United States and foreign countries, to infuse in·fuse v. 1. To steep or soak without boiling in order to extract soluble elements or active principles. 2. To introduce a solution into the body through a vein for therapeutic purposes. its Life O2 bottled water and global co-branded products with up to 15 times (1,500 percent) more oxygen than ordinary bottled water. G. Robert Tatum III, Chairman and 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 the Company, stated: "The oxygen-enhanced water category is one of the fastest growing segments of the bottled water industry, growing at 30 percent annually. With our proprietary products and expanded production facilities, we intend to bolster our position as the world's leading producer of superoxygenated water and accelerate our domestic product launch." Life O2 and other co-branded products utilizing the Life O2 SuperOxygenation process are available in 22 countries. Since introduction, Life O2 has sold more than 42 million bottles internationally. Along with its own state of the art production facility in Clearwater, Florida, the Company's equipment, which infuses bottled water with medical grade oxygen, is installed in 11 international bottling plants. The Company's Life 02 has extensive U.S. distribution, including a master distribution agreement with GNC GNC General Nutrition Centers GNC Gas Natural Comprimido (Argentina) GNC Guidance, Navigation, and Control GNC Grand National Championship (ATV racing) GNC Global Navigation Chart Nutrition Centers. The product is also the official water of the State of Florida's "FLA FLA Florida (old style) FLA Macromedia Flash (file extension) FLA Flash Files (file extension) FLA Fair Labor Association FLA Front Line Assembly USA" tourism program. LifeO2 is the also official water of the NASDAQ-100 Open International Tennis Tournament, as well as the Miami and Fort Lauderdale Corporate Runs. The Company is currently launching Life O2 SuperOxygenated Water in the South Florida market and plans to introduce Life O2 in other U.S. markets soon. In just four months since the South Florida launch, the Company has opened more than 750 retail locations. About the Company The Company is a pioneer and global leader in the rapidly expanding oxygen-enhanced water category. Its proprietary LifeO2 brand, which is infused with up to 1,500 percent more oxygen, is currently sold in 22 countries. Tests conducted with Life O2 SuperOxygenated Water have shown improved athletic performance, increased energy, and greater awareness and concentration. Recently published peer review studies by internationally respected medical journals support both the penetration of oxygen-enriched water from the stomach into the portal vein portal vein n. A wide short vein that is formed by the superior mesenteric and splenic veins behind the pancreas, ascends in front of the inferior vena cava, and divides into right and left branches that ramify within the liver. , which is a vein that collects blood from one part of the body and distributes it in another, as well as increasing athletic performance without increasing free radicals in the body. This press release contains forward-looking statements that involve risks and uncertainties. The statements in this Release are forward-looking statements that are made pursuant to safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions. |
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