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GLACIER WATER SERVICES INC. ACQUIRES VEND PURE OF LUBBOCK, TEXAS

 OCEANSIDE, Calif., Sept. 1 /PRNewswire/ -- Glacier Water Services Inc. (AMEX: HOO) today announced the acquisition of Vend Pure of Lubbock, Texas.
 In a move to improve its position in the important Texas water vending market, Glacier Water Services has acquired, for $450,000 cash, substantially all of the assets of Vend Pure H20 Associates in Lubbock, which includes 75 water vending machines. Vend Pure, with 65 locations in Lubbock and El Paso, Texas, has a sizable West Texas territory with customer contracts and relationships. Duke Bushong, president and chief executive officer of Glacier Water Services, said, "This acquisition represents the continued expansion in the sunbelt markets by Glacier Water. Vend Pure has several important contracts as well as excellent locations which will allow Glacier the opportunity to expand from New Mexico to West Texas."
 In addition, Glacier also announced its intention to open a service center in New Orleans. Sales and marketing operations have commenced and Glacier Water is in the process of signing on new locations. The company's internal plan indicates that they will install 300-400 new machines in this area over the next three years.
 With over 4,200 machines located in the sunbelt states of California, Nevada, Arizona, Texas and Florida, 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 supermarkets and other retail locations.
 -0- 9/1/93
 /CONTACT: Kathleen M. Fisher, VP-finance, 619-433-4072/
 (HOO)


CO: Glacier Water Services Inc.; Vend Pure ST: California, Texas IN: SU: TNM

EH-JL -- SD001 -- 7889 09/01/93 10:53 EDT
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Publication:PR Newswire
Date:Sep 1, 1993
Words:277
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