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GLACIER WATER REPORTS LAWSUIT

 OCEANSIDE, Calif., March 1 /PRNewswire/ -- Glacier Water Services Inc. (AMEX: HOO) today announced that it had been served with a lawsuit in the Florida Circuit Court by Gene McLellan Braswell, the former president of National Water Services Inc., a Florida-based bottled-water vendor, the controlling shares of which Glacier has an option to purchase. Also named in the suit are National Water Services Inc. and Glacier board members, Thomas L. Kempner and Peter T. Dixon. National Water Services is controlled by affiliates of Loeb Partners Corp., some of whom, including Kempner and Dixon, are shareholders of Glacier. Braswell alleges that Glacier conducted marketing and pricing practices in violation of the Florida Civil Antitrust Act and acted as an agent of National Water to breach Braswell's employment agreement with National Water. He seeks damages in excess of $6 million. Glacier has engaged Florida counsel and will defend the action vigorously in that it believes Braswell's allegations are without merit.
 Glacier Water is the leading provider of low-price, high-quality drinking water purified through a combination of micron filtration, reverse osmosis, deionization and ultraviolet sterilization and dispensed to consumers through coin-operated, self-service vending machines placed at supermarket and other retail locations in California, Arizona, Nevada, Texas and Florida.
 -0- 3/1/93
 /CONTACT: Duke Bushong, president and CEO, 619-433-4072/
 (HOO)


CO: Glacier Water Services Inc. ST: California IN: HOU SU:

EH-KJ -- SD001 -- 1520 03/01/93 14:40 EST
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Publication:PR Newswire
Date:Mar 1, 1993
Words:235
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