New CEO for AQUAGOLD INTERNATIONAL Receives Container and Reviews Efforts in China
NEW YORK, July 14, 2009 (GLOBE NEWSWIRE) -- AQUAGOLD INTERNATIONAL (Pink
Sheets:AQUI), a global distributor of premier Canadian spring water products,
announces the successful arrival of the first container of its flagship 500 mL
bottled premier Canadian spring water under the first purchase order from Orient
International Holding Shanghai Foreign Trade Co., Ltd. The container has cleared
customs and is ready for local delivery in China. Domingo M. Silvas, III, the
new CEO, was personally on hand, along with the rest of the Company's Directors,
who were visiting China at the time for a meeting of the Board of Directors in
Shanghai.
While in China, Mr. Silvas spoke with several key customers regarding additional
distribution of AQUAGOLD's product. Mr. Silvas attended an eight-hour session of
the AQUAGOLD Superface TV series in Beijing, where he sat in as a guest judge
for the semi-final round of the competition. He met with Steve Zhong, executive
producer of the show, as well as with several others including bankers and
government officials. Mr. Silvas presented AQUAGOLD's business and marketing
plans to the Board of Directors, and as announced last week, received the
Board's strong support for his efforts and the support of the management team
now operating the company.
AQUAGOLD is in the process of establishing an office in Hong Kong to support
existing and anticipated needs of the company in Asia. "I believe that AQUAGOLD
is strongly situated in China, and meeting the 'front-end' of the business has
been educational and important for us to further integrate our China activities
with production of our bottled water in Canada," states Mr. Silvas. "The
successful arrival and clearing of the first container for Orient International
is a major milestone for us, and we can now move forward filling orders under
contract expeditiously. We are also in the process of further strengthening the
production side of the corporation and will announce developments soon. In
addition, we have received strong support from a number of important
organizations in China, as a result of our marketing and relationship building
efforts, and I look forward to announcing more details presently as well."
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
561.439.9994
joe@4Dstrategies.com
www.aquagoldinternational.com
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