American Water Star Inc. Distributor Receives Approved Vendor Status from MGM Properties
15 August 2005 - 3:30PM
Business Wire
American Water Star Inc. (AMEX: AMW) is pleased to announce that
MGM Properties has given approved vendor status to their Las
Vegas-based distributor for AMW products. MGM Properties Slots of
Fun has placed their initial order for Margarita, Strawberry
Margarita and Mai Tai mixers. "This is a significant accomplishment
for AMW," said Roger Mohlman, CEO of American Water Star. "We had
some tough competition in this category and we're pleased that our
product line made it to the top. In addition, this approved vendor
status allows us to make presentations at all other MGM
Properties." MGM Properties
(http://secure02.mgm-mirage.com/employment/aboutus.asp) owns and/or
operates through subsidiaries 19 casino properties on two
continents. AMW has been asked by Circus Circus Casino & Hotel,
which is an MGM Property, to research a new form of innovative
packaging for mixers for their specific property. "We have already
made provisions to set up a specific line in our Phoenix plant to
accommodate their request," said Mohlman. AMW has also received its
first order from renowned chef Wolfgang Puck Catering Co., and The
Jockey Club Hotel (www.Las-Vegas-hotels-x.com/Jockey-club.html) has
placed its initial order for AMW brand Vegas Ice. 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, actual
amount of annual sales to MGM Properties Slots of Fun, Wolfgang
Puck Catering Co. and The Jockey Club Hotel; continuing and ongoing
order placement; AMW's production, co-packing and distribution
capabilities; AMW's ability to set up a specific line to
accommodate the requests of Circus Circus Casino & Hotel;
changes in economic conditions; actual distribution of the flavored
beverages; our ability to become an industry leader; 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.
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