Seawright Holdings, Inc. Builds New Reservoir System at Source
January 12 2007 - 11:46AM
Business Wire
Seawright Holdings, Inc. (OTC BB: SWRI), owner of one of the most
prolific natural springs on the Eastern Seaboard, recently
completed construction of a new system at their spring located in
the Shenandoah Valley. The new system has been designed to more
effectively capture the water that flows naturally from the spring
for bottling in its pure state. �The completion of this facility
enhancement marks a milestone for Seawright Springs Premium Natural
Spring Water,� said Joel Sens, President and CEO of Seawright
Holdings, Inc. �We now have the capability to capture and bottle
water with significantly greater efficiency while protecting this
valuable asset.� Seawright Springs Premium Natural Spring Water is
being offered in the luxury brand category and is available in
half-liter and liter bottles. The spring produces over 300 million
gallons of mineral-rich spring water per year. Independent,
third-party laboratory tests confirm that the water that flows
naturally from Seawright Springs is extremely pure and contains
optimal levels of many essential minerals that promote good health.
Sens, who formed the company in 2003 in order to purchase the
spring, added �Our shareholders may have noticed that Seawright
Holdings, Inc. recently changed its designation from a
developmental company to an operational company. We are looking
forward to updating shareholders in the very near future on the
progress we are making.� The product's initial distribution is
targeting discriminating food and beverage purveyors in the
Mid-Atlantic region. Seawright Springs Premium Natural Spring
Water�s unique packaging is designed to attract on-premise
consumption by affluent, health conscious consumers. About
Seawright Holdings, Inc.: Seawright Holdings, Inc. (OTC BB: SWRI)
owns Seawright Springs, the producer of one of America's purest,
freshest and high-mineral content drinking waters. Seawright
Springs is located in beautiful Augusta County, Virginia on 145
acres of protected woodlands. The spring produces in excess of 1
million gallons of water a day and is one of the largest sources of
fresh natural spring water on the Eastern Seaboard. In 2003, Joel
Sens formed Seawright Holdings, Inc. and purchased Seawright
Springs to begin producing high quality bottled water under the
Seawright Springs brand. For more information, please visit
www.seawrightsprings.com Information Regarding Forward-Looking
Statements Statements in this news release other than statements of
historical fact are �forward-looking statements� that are based on
current expectations and assumptions. These expectations and
assumptions are subject to risks and uncertainty, which could
affect Seawright Holdings� future plans. Forward-looking statements
involve risks and uncertainties that could cause actual results to
differ materially from those expressed or implied by the
statements, including, but not limited to, the following: the
ability of Seawright Springs to provide for its obligations, to
provide working capital needs from operating revenues, to obtain
additional financing needed for any future acquisitions, to meet
competitive challenges and technological changes, and other risks
detailed in Seawright Holdings� periodic report filings with the
Securities and Exchange Commission. Seawright Holdings undertakes
no duty to update any forward-looking statement to conform the
statement to actual results or changes in Seawright Holdings�
expectations.
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