Clearly Canadian Beverage Corporation Announces Directorship Changes.VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 8, 1999-- Clearly Canadian This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Beverage Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CLCDF) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CLV (Constant Linear Velocity) Rotating a disk at varying speeds. By changing speed depending on which track is being accessed, the density of bits in each track can be made uniform. .) reported today that J. Duffy has been appointed to the Board. Also, the Company reported that M. Gustavson has resigned as a director of the Company. Duffy brings extensive beverage industry experience to the Clearly Canadian Board. He is President of CC Beverage (U.S.) Corporation, a new Washington State company formed through the recent merger of Clearly Canadian's two U.S. subsidiaries, Clearly Canadian Beverage (U.S.) Corporation and Cascade Clear Water Co. This merger became effective on Dec. 31, 1998. Duffy is responsible for all day-to-day operations of CC Beverage (U.S.) Corporation's bottling facilities in Burlington, Wash. Duffy co-founded Cascade Clear Water Co., which produces a line of beverage products for retail sale in North America and the Pacific Rim and operates a home/office commercial delivery business in the U.S. Pacific Northwest. Based in Washington State, Cascade Clear produces its own products and co-packs for North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. and Asian bottled water companies in its advanced manufacturing facility. "Since Clearly Canadian's acquisition of Cascade Clear Water Co. in 1998, the two companies have been working closely together to realize cost and operating efficiencies. Jay Duffy's appointment to the Board and his new position as president of CC Beverage (U.S.) Corporation reflect the important role he plays as we continue to integrate the two companies," said Douglas Mason, president 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. , Clearly Canadian Beverage Corporation. Based in Vancouver, B.C., Clearly Canadian Beverage Corporation is a leading producer of premium alternative beverages, including Clearly Canadian(R) sparkling flavoured water, Refresher and Orbitz(tm), which are distributed extensively in the United States, Canada and numerous countries worldwide. The Company is one of the pioneers of the $7 billion alternative beverage industry and has received numerous awards for its quality products and innovative packaging. Clearly Canadian also holds the exclusive licence to manufacture Battery(tm) in the United States and Canada. Additional information on the Company may be obtained on the World Wide Web at www.clearly.ca CLEARLY CANADIAN BEVERAGE CORPORATION is the registered holder of the trademark CLEARLY CANADIAN(R). CLEARLY CANADIAN BEVERAGE CORPORATION, and its wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , manufacture, distribute and market CLEARLY CANADIAN(R), CLEARLY TEA(tm), CLEARLY 2(tm), CLEARLY CANADIAN QUENCHER quench tr.v. quenched, quench·ing, quench·es 1. To put out (a fire, for example); extinguish. 2. To suppress; squelch: (tm) and ORBITZ(tm) flavoured and unflavoured beverages. |
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