American Water Star Inc. Announces Agreement with Lipsey Mountain Spring Water Co.
July 20 2005 - 9:30AM
Business Wire
American Water Star Inc. (AMEX: AMW) is proud to announce that an
agreement has been reached with Lipsey Mountain Spring Water Co.
located in Norcross, Ga. Lipsey Mountain Spring Water Co. is the
exclusive provider of water for the Federal Emergency Management
Agency (FEMA) during presidentially declared disasters. In April
2003, the U.S. Army Corps of Engineers (USACE) selected Lipsey to
serve as sole supplier for bottled water during disaster relief
operations. Lipsey has provided FEMA tens of millions of gallons of
water for relief operations. The company has been praised for its
highly successful efforts in forming "a core of vital supply for
the people of America" by the United States Army Corps of
Engineers. (http://www.FEMAwaternetwork.com) Lipsey has agreed to
utilize American Water Star's bottling facilities to supply a
portion of the water required by USACE, FEMA and individual states
for disaster relief. The water will be bottled in various sizes.
AMW's Jacksonville plant will service the southeastern region of
the United States which includes Mississippi, Florida, North
Carolina, South Carolina, Georgia, Louisiana and Alabama. AMW's
Phoenix plant will service Lipsey in Arizona, Texas, Nevada, New
Mexico, Utah and California. "In 2004, the quantities of water
shipped for disaster relief in Florida was in excess of 6,000
truckloads. This year in July alone, over 600 truckloads of water
have been shipped to Florida, Alabama and Mississippi for disaster
relief," stated Joe Lipsey III of Lipsey Mountain Spring Water Co.
"We are very proud to be part of this nationwide program. We have
assured Lipsey that we have the capacity, over and above our normal
production, to ship hundreds of truckloads of water on an 'as
needed' basis to help our friends in their time of need," said
Roger Mohlman, CEO of American Water Star. 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, a final
agreement being reached with Lipsey and actual amount of annual
sales of AMW water for disaster relief; the frequency of
presidentially declared emergencies; AMW's production capabilities;
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.
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