American Water Star Inc. Announces Present and Future Sales Efforts
06 Juli 2005 - 11:24PM
Business Wire
American Water Star Inc. (AMEX: AMW) announces their current sales
strategy and significant events relative to present and future
sales efforts, including inventory status. The following is a brief
summary of events: -- We recently shipped our Hispanic line of
beverages, Geyser Fruta, into Mexico for our new customer, Go For
Value. With Go For Value projecting 55 stores by 2006, we plan to
expand our Latin beverage program to accommodate their growth. --
Our new distributors include: Sysco Foods in Arizona, U.S. Foods in
Arizona and Absolut Sales & Marketing in Fairfield, N.J. -- AMW
is in negotiations with a prominent national/international bottler
to manufacture and produce three gallon and five gallon water
container products that will be sold through two of the country's
largest retailers. -- Uni-Bev, a distributor in southern Florida,
is preparing an announcement regarding an agreement with AMW for
the sale of water and beverage in Canada and Haiti. Uni-Bev's
parent company, Uteco, is the Coca-Cola(TM) bottler for Haiti and
has a successful micro-brewery in Canada. -- AMW has reached an
agreement in principal to sell water and beverage to a regional
food chain based in San Diego, estimated to begin mid-July. -- 70%
of our excess product inventory has been purchased by a nationally
prominent retailer for immediate distribution. The significant
reduction in present inventory will impact the opportunity for
greater distribution and market presence nationally. AMW's
Subsidiary, C.R.D. of Nevada Colorado River Distributors recently
introduced AMW's new "Vegas Ice," a private label water product
which resulted in enthusiastic public response. C.R.D. currently
distributes a product line that includes AMW's Geyser and Hawaiian
Tropic lines, Coca-Cola hard products, Perrier, Gatorade and
Tropicana products. New additions to the distribution line include
Desert Ice, Arizona Ice Tea, NicLite(TM), and The Stirling Club at
Turnberry, as well as other private label accounts. "Due to the
additions of new accounts we have increased C.R.D. staff and added
more trucks to C.R.D.'s fleet to accommodate the new business,"
said Rich Mesnick, V.P. of sales for American Water Star. "I am
pleased in the direction C.R.D. has taken including taking steps to
apply for a liquor distribution license." About American Water Star
Inc. American Water Star Inc. ("AMW") is a publicly traded company
and is engaged in the beverage bottling industry. Its product
brands are licensed and developed in-house, and bottled in
strategic locations throughout the United States. AMW's beverage
products are sold by the truckload, principally to distributors,
who sell to retail stores, corner grocery stores, convenience
stores, schools and other outlets. At AMW, we believe our
great-tasting, new zero sugar; zero calorie flavored water
beverages have positioned us to capture a large share of the market
for healthy flavored waters. Our product line consists of four
branded beverages: Geyser Sport; Geyser Fruit; Geyser Fruta; and
Hawaiian Tropic. Geyser Sport is a sugar-free, calorie-free,
carb-free fruit flavored beverage fortified with vitamins and
calcium, offered in eight different fruit flavors. Geyser Fruit is
a non-carbonated water with a low sugar content, also offered in
eight different flavors. Geyser Fruta is targeted to the Hispanic
market and includes authentic Latin flavored beverages. Our
Hawaiian Tropic products feature sugar-free, no carbohydrate,
caffeine-free, sodium-free tropical drinks offered in four flavors.
Forward-Looking Statements: This press release may contain
statements that constitute "forward-looking statements" as defined
under U.S. federal securities laws. Generally, the words "believe,"
"expect," "intend," "estimate," "anticipate," "establish,"
"project" and similar expressions identify forward-looking
statements, which generally are not historical in nature.
Forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from our historical experience and our present expectations or
projections. These risks include, but are not limited to, the
success of Geyser Fruta in Mexico; actual expansion of AMW's Latin
beverage program; any benefits of the new distributing agreements;
the reputation of new distributors and actual distribution of AMW
products; a final agreement being reached and any benefits from
AMW's relationship with a new bottling manufacturer; a final
agreement being reached with Uni-Bev and actual sales of AMW water
and beverage in Canada and/or Haiti; actual distribution of AMW's
products in San Diego; the success of new distribution lines of
C.R.D. of Nevada; the ability to obtain a liquor distribution
license; our ability to become an industry leader; changes in
economic conditions; changes in the non-alcoholic beverages
business environment, including actions of competitors and changes
in consumer preferences; our ability to capture market share; the
effectiveness of our advertising and marketing programs;
fluctuations in the cost and availability of raw materials or
necessary services; our ability to avoid production output
disruptions; our ability to achieve earnings goals; regulatory and
legal changes; our ability to penetrate developing and emerging
markets; litigation uncertainties; and other risks discussed in our
filings with the SEC, including our Annual Report on Form 10-KSB,
Quarterly Reports on Form 10-QSB, and Current Reports on Form 8-K,
which reports are available from the SEC. You should not place
undue reliance on forward-looking statements, which speak only as
of the date they are made. We undertake no obligation to publicly
update or revise any forward-looking statements to reflect current
events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.
American Water Star (AMEX:AMW)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
American Water Star (AMEX:AMW)
Historical Stock Chart
Von Jun 2023 bis Jun 2024