Queench Applies for U.S. Army VETCOM Inspection and Approval of Bottling Plants and SBA Pro-Net Certification.Business Editors JERICHO Jericho, city, West Bank Jericho (jĕr`ĭkō) [Heb.,=fragrant, or city of the moon god], Arab. Ariha, town (2003 est. pop. , N.Y.--(BUSINESS WIRE)--Jan. 29, 2003 Upon Successful Completion of Inspection and Certification, Queench to Compete for Military and Institutional Contracts to Supply Queench Natural Spring Water and Queench Flavored Water Beverages Queench, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : QENC) today announced that it has applied for inspection and approval of its water bottling plants Noun 1. bottling plant - a plant where beverages are put into bottles with caps industrial plant, plant, works - buildings for carrying on industrial labor; "they built a large plant to manufacture automobiles" by the U.S. Army Veterinary Command (VETCOM VETCOM US Army Veterinary Command ). Concurrently with the application to VETCOM, the Company is working to become certified with U.S. Small Business Administration's (SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government ) Pro-Net. Upon the successful completion of the VETCOM inspection and SBA PRO-NET certification, the Company will then be able to compete for military and institutional contracts to supply Queench Natural Spring Water and Queench Flavored Water Beverages. VETCOM, as part of its mission, has responsibility for food safety and quality assurance in support of America's military, at home and abroad. Its food safety and security mission priorities include, among others, operational rations inspections - assembly plants and commercial sanitation audits. Pro-Net is the SBA's electronic gateway of procurement information - for and about small businesses. It is the certification vehicle that Queench's distributors use to report sales of products to the military. Lyndell Parris, President and Chief Executive Officer of Queench, Inc., commented: "The VETCOM inspection of our bottling facilities and securing Pro-Net certification are important steps in our strategy to become a significant supplier to the $324 billion institutional food service industry. While we cannot give guidance on the timing of these initiatives, we will report upon their successful completion." About Queench, Inc. Queench, Inc. is a publicly held beverage company holding 24-year leases on four natural springs located in Canada, Florida, New York Florida is the name of some places in the U.S. state of New York:
"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 Under the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995 This press release contains 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. reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of the Company. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the Securities and Exchange Commission, and include, without limitation, stability of procurement costs for raw and packaging materials, competitive activities by national, regional and retailer brand beverage manufacturers, the Company's ability to integrate acquired businesses into its operations. The foregoing list of factors is not exhaustive. The Company undertakes no obligation to publicly update or revise any forward-looking statements. |
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