Napoli Enterprises Receives First U.S. Order.Business Editors CHISINAU, Republic of Moldova--(BUSINESS WIRE)--Aug. 7, 2003 Napoli Enterprises, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NPLE NPLE Non-Profit Legal Entities ) today announced that its recently acquired company Lion-Gri S.R.L., a Moldova based wine producer, has received an order for 10,000 cases of wine for resale throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. totaling $147,900. The varieties purchased are Pinot Gris “Gris” redirects here. For the artist, see Juan Gris. Pinot gris is a white wine grape variety of the species Vitis vinifera. Thought to be a mutant clone of the Pinot noir grape, it normally has a grayish-blue fruit, accounting for its name (" , Cabernet Savignon, Merlot, Muskat, and Sauvignon Blanc. The Republic of Moldova has long been known for producing a variety of wines throughout Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). and as a major producer in this region. Lion-Gri has been successful in introducing Moldovian wines to Denmark, Poland, Russia and Germany shipping more than 13 million bottles annually. "This purchase order demonstrates our commitment to distributing quality budget wines and takes us through the first steps of leveraging our product line and expanding into the United States," said Greg Sonic, the President and Chairman of the Board of Directors of the Company. "We are committed to keeping our shareholders informed of our expansion progress in distributing quality budget wines and will announce each development as it occurs. Things are really exciting at Lion-Gri and progress is being made," concluded Mr. Sonic. About Napoli Enterprises Through Lion-Gri S.R.L., a limited liability company in the Republic of Moldova, Napoli Enterprises produces and exports 110 varieties of wine and alcohol products throughout Russia, Denmark, Poland, Western Europe and the United States and is one of the largest wine producers in Moldova shipping more than 13 million bottles of wine annually. 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. Statement Statements in this press release that are not statements of historical or current fact constitute "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. " within the meaning 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. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission. |
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