AQUAGOLD INTERNATIONAL Announces the Completion of Phase One Product Development...

AQUAGOLD INTERNATIONAL Announces the Completion of Phase One Product Development
and Readiness for Export

NEW YORK, May 19, 2009 (GLOBE NEWSWIRE) -- AQUAGOLD INTERNATIONAL (Pink
Sheets:AQUI), a global distributor of premier Canadian spring water products,
announces the successful completion of Phase One of its operating plan. As a
result of production issues last year, AQUAGOLD embarked upon a plan to
strengthen professional management. It has built a strong team to deliver on its
commitment to the markets, including the need to redesign its packaging and
labels, as well as to successfully implement a high quality, reliable bottling
operation to deliver product for export to China.

In Phase One, the company designed and developed its flagship product, the 500
mL bottle of premier Canadian spring water bearing its name, and successfully
orchestrated the factors of production requisite to produce a first-class
product. The Company is focusing on quality control and logistics management as
it prepares its first commercial shipment which was recently commissioned for
production and is scheduled for completion around the end of this month.

AQUAGOLD INTERNATIONAL pursues a market-driven business model. It completed
Phase One only after establishing strong relations in China that resulted in
contracted demand for its product. Management believes its counterparties in
China share its vision to brand and distribute its product in market segments
that provide strong, long-term opportunities for success. The Company expects to
soon be able to announce the result of renegotiations of a multi-year contract
originally entered into last year, and is also in the process of developing its
second product for a specific sub-segment of the Chinese bottled water market.

"Phase Two begins when our first shipment is loaded onto the carrier and is on
its way to China," states Daniel Sauve, CEO and president. "The new management
team brought on from the beginning of this year has actualized the first
concrete step in our vision to deliver what we believe to be the finest premier
Canadian spring water to the world. The new team, in close cooperation and
mutual integration with our original management team, has realized that which we
could not do alone. It is exciting to finally see our vision unfold, and we look
forward to first recording what we believe will be just the beginning of many
years of financial reward for our shareholders who have remained loyal to us
through the past year of preparation for this time."

About AQUAGOLD INTERNATIONAL

AQUAGOLD INTERNATIONAL is pursuing its mission to provide premier Canadian
spring water products to the world. Its vision is to distribute its products
globally and to become a leading distributor of some of the most recognized
brands in the market. The Company's mission and vision have begun in China with
its first bottled water product, AQUAGOLD Premier Canadian Spring Water.

The information in this press release may involve guidance, expectations,
beliefs, plans, intentions or strategies regarding the future. Except for
historical information contained herein, all such statements included in this
press release are forward looking statements and are made by AQUAGOLD
INTERNATIONAL, INC. in reliance upon the safe harbor provisions of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act
of 1934. All forward-looking statements are based upon information currently
available. Although Management believes that the expectations reflected in such
forward-looking statements are reasonable, it cannot give any assurances that
such expectations will prove to have been correct. Actual results may differ
materially from those indicated by these statements. Numerous factors could
cause or contribute to such differences. The following risk factors, among
others, could cause actual results to differ materially from those described in
any forward-looking statements. These risks and uncertainties include, but are
not limited to, economic conditions, consumer spending, changes in the law or
regulations, demand for products and services of the company, the competitive
environment within the industry, the economic conditions in the industry and the
financial strength of the Company's customers and suppliers. The Company does
not undertake any obligation to update such forward-looking statements.
Investors are also directed to consider all other risks and uncertainties.

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CONTACT: 4D Strategies, LLC
Joe Matuella
561.568.8188
joe@4Dstrategies.com
www.aquagoldinternational.com