Access Beverage Signs LOI to Acquire Stake in one of the World’s Most Exclusive Luxury Bottled Water Brands
Submitted by SmallCapVoice.com
Access Beverage, Inc. (Pink Sheets:ABVI), a U.S.-based manufacturer and marketer of distinctive brands of wine and fine spirits, CEO, Mr. James Moeller, announced today that the company has entered into a Letter of Intent (LOI) with New Patagonia SA to acquire a forty-percent (40%) interest, contingent upon meeting performance requirements, in LAUQUEN® Natural Artesian Water. Under the terms of the agreement, Access Beverage is expected to acquire exclusive marketing and distribution rights, including import/export rights, joint ownership of all trademarks, future products and share in profits of the operation of LAUQUEN® in the United States, Canada and China. LAUQUEN® is the number one premium bottled water in several markets around the world, and was recently named one of the world’s most luxurious and expensive bottled waters by Forbes Traveler Magazine.
According to the agreement, Access Beverage’s distribution of LAUQUEN® will focus solely on institutional sales, including exclusive resorts and spas, wine bars, high-end clubs, luxury hotels and restaurants, country clubs, business centers, and premium retailers that are frequented by the world’s top celebrities, sports figures, royalty, and prominent executives. “LAUQUEN® has earned its place as a high-end lifestyle brand and is a perfect complement to Access Beverage’s line of fine wines and spirits. We believe the best wine makers and sommeliers, hoteliers, and other luxury service providers in North America and China will be pleased to offer LAUQUEN® to their clientele, who seek exceptional taste and quality, said Access Beverage CEO, Mr. James Moeller.
“This agreement is a major step forward in our strategy to expand our premium product lines and increase our points-of-presence in the high-margin, global institutional market,” said Access Beverage president, Ms. Diane Svehlak. “Our recent announcement to enter the Chinese marketplace is underpinned by a strong demand for bottled water where pure artisan waters are at an all time high, particularly within urban Chinese communities. We have a significant line of innovative and premium branded beverage products that we believe will be very well received. These agreements are putting us on track to accelerate our revenues and profitability, and create a platform for global market reach, in 2009,” concluded Ms. Svehlak.
About LAUQUEN®
LAUQUEN® is sourced from a completely protected, abundant natural resource located in a pristine underground mountain-fed aquifer in the foothills of the Andes Mountains. To ensure the finest quality and capture the spirit of Patagonia, LAUQUEN® is bottled at the source so it does not come into contact with air, ensuring its freshness and purity. All batches are subject to exhaustive checking, testing and tasting procedures before packaging and shipment for consumption worldwide. The Company is headquartered in Buenos Aires, Argentina. For more information, please email contact@lauquenwater.com or visit http://www.lauquenwater.com.
Access Beverage, Inc.
Founded in 2003, Access Beverage Inc. (www.accessbeverage.com) engages in the manufacturing, marketing, and sale of wine and spirit brands, in the United States with future brands planned for launch in China, Canada and Russia. Flagship brands include: Le SnootTM, Mardi GrasTM and Bees KneesTM wines, and Simply RAW VodkaTM. The Company distributes its products through wholesale distributors, as well as alcoholic beverage control agencies in the United States.
Access Beverage also offers private label wine & spirit programs that are fully turnkey. They assist with all aspects of the brand-creation process, including packaging/label design, regulatory (federal and state), freight and delivery (all states and overseas), all price points, imported and domestic, wine & sprits varietals and blends. Access Beverage plans to expand its distribution channels into global markets through various retail establishments, including liquor stores, chain stores, and restaurants. Access Beverage continually seeks to capitalize on its marketing infrastructure by developing new lines of wine and premium liquor products that it can sell to its developing and existing customer base. The Company is continually reinvesting into its business by increasing operating capacity through the acquisition of additional inventories.
All statements in this press release that are not historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may be identified by words such as “believe,” “intend,” “expect,” “may,” “could,” “would,” “will,” “should,” “plan,” “project,” “contemplate,” “anticipate,” or similar statements. Because these statements reflect Access Beverage current views concerning future events, these forward-looking statements are subject to risks and uncertainties. Access Beverage actual results could differ materially from those anticipated in these forward-looking statements as a result of many factors, including, but not limited to, demand for its products and services, its ability to compete effectively, its ability to increase revenue from its products and services. Access Beverage undertakes no obligation to update publicly any forward-looking statements contained in this press release.
Investor/Media Relations Contact:
Access Beverage, Inc.
Máiréad Howe-Rothman, 1-949-232-4333
mairead@accessbeverage.com
www.accessbeverage.com
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