Seawright Holdings Retains E & E Communications To Assist in Investor and Public Relations Campaign

Date : 03/01/2004 @ 10:38AM
Source : PR Newswire (US)
Stock : (SWRI)
Quote : 0.0038  0.0 (0.00%) @ 2:29PM

Seawright Holdings Retains E & E Communications To Assist in Investor and Public Relations Campaign

Seawright Holdings, Inc. (PN) (USOTC:SWRI)
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Seawright Holdings Retains E & E Communications To Assist in Investor and Public Relations Campaign ALEXANDRIA, Va., March 1 /PRNewswire-FirstCall/ -- Seawright Holdings, Inc. (BULLETIN BOARD: SWRI) , owner of Seawright Springs, one of the oldest and largest natural water springs on the Eastern Seaboard, today announced that it has retained E & E Communications, Southern California, ( http://www.eandecommunications.com/ ) to assist in its new public relations and investor relations campaign. Seawright Springs is located north of Staunton, Virginia, in the famous Shenandoah Valley near Mt. Sidney. The spring is ideally located 140 miles from Washington, D.C., and also close to other major metropolitan markets. Water at the spring bubbles up from depths estimated at more than 1,000 feet at volumes of more than 1.5 million gallons per day. "Seawright owns a very unique spring, one of the most prolific natural springs on the East Coast. It is truly one of the largest sources of natural spring water anywhere. Its daily flow of 1.5 million gallons of spring water makes it a property with a very valuable renewable commodity source," said Joel P. Sens, President and CEO of Seawright Holdings. "The original source of the water is high in the Blue Ridge Mountains. The water maintains a 59 degree temperature all year, providing for a uniformly delicious taste. The Company purchased the 145 acre facility, including facilities to load tanker trucks, and is currently negotiating opportunities for this property," Mr. Sens said. "Bottled water is a multi-billion dollar industry in the U.S., the second leading beverage category in the country," said Paul Knopick, Principal, E & E Communications. "Seawright owns a unique spring, filtered by nature, and one of the few major properties in the U.S. where the water flows naturally to the surface. We are looking forward to sharing this excellent story with the marketplace." E & E Communications, formed in 1997, serves firms on the NASDAQ NationalMarket and Small Cap, AMEX, Toronto Stock Exchange and OTC BB companies that are fully reporting to the U.S. Securities & Exchange Commission. "Today, Americans consume 17 eight-ounce servings of beverages daily, approximately a third being water, andhalf of the water consumed is bottled water," said Mr. Sens. "This is a huge market that is growing dramatically each year." The Seawright Spring was first discovered by Native Americans, sharing the knowledge with early explorers who called it "GoodHealth Water." The property was deeded by King George II of England to John Seawright some twenty-seven years before the Declaration of Independence was written. Water was first bottled and sold from the unique spring in 1890 and, by the 1920s, was so popular that it was distributed to almost every major city in America at $1.00 a gallon. Forward-Looking Statements Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that maybe adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release. For further information, please contact Paul Knopick of E & E Communications, +1-949-707-5365, , for Seawright Holdings, Inc. DATASOURCE: E & E Communications CONTACT: Paul Knopick of E & E Communications, +1-949-707-5365, , for Seawright Holdings, Inc. Web site: http://www.eandecommunications.com/

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