Clearly Canadian Beverage Corporation Reports Significant Revenue Increase from its Private Label Beverage Business; 6 Month Revenue Gain 147%, Continues Upward Trend for Companies 2nd Largest Division.VANCOUVER -- 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 (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CCBEF CCBEF Clearly Canadian Beverage Corporation (Canada) ) announced today that revenues within its private label beverage business have risen 147% in the last 6 months ending March 31, 2006 as compared to the same period last year, which brings the trailing 12-month revenue increase to a gain of over 62%. Stated Clearly Canadian's President, Brent Lokash, "We are pleased with the tremendous gains in our private label beverage business. It is extremely important as these numbers start to give us the type of feedback needed to ensure that our marketing/sales efforts and corporate restructuring programs are effective. Also, this is the kind of momentum we had hoped for as we begin the very exciting new era of Clearly Canadian." Mr. James Dines, editor of "The Dines Letter," and newly-appointed head of Clearly Canadian's Advisory Board, added, "I am encouraged by the progress made by the Company in such a short period of time. We are still implementing some important parts of our agenda, which will continue to pave PAVE Cardiology A clinical trial–Post AV Node Ablation Evaluation the way to ultimate success for the Company."
CLEARLY CANADIAN BEVERAGE CORPORATION
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Brent Lokash, President
Forward Looking Statements Statements in this news release that are not historical facts are 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 are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes", "estimates", "potential", "predicts", "continue" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that its marketing/sales efforts and corporate restructuring programs will be effective and that progress made by the Company pave the way to success for the Company. Actual results may differ materially from those currently anticipated due to a number of factors including, but not limited to, general economic conditions, changing beverage consumption trends of consumers, the Company's ability to generate sufficient cash flows to support general operating activities and capital expansion plans, competition, pricing and availability of raw materials, the Company's ability to maintain the current and future retail listings for its beverage products and to maintain favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. supply, production and distribution arrangements, laws and regulations and changes thereto that may affect the way the Company's products are manufactured, distributed and sold and other factors beyond the reasonable control of the Company. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission and with the British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography and Ontario Securities Commissions The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. . CLEARLY CANADIAN BEVERAGE CORPORATION is the registered holder of various trademarks, including 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. , produce, distribute and market CLEARLY CANADIAN(R) and CANADIAN O+2(R). |
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