Maryland Network to Become an Aqua Maestro Strategic Hub
Global Beverage Solutions (OTCBB: GBVS) today issued an update on operations at Beverage Network of Maryland. "Beverage Network of Maryland's leading brands, Fiji Water, Welch's and Tazo are all performing strongly in the market and continue to show strength," said Brett Spitalny, COO of Global Beverage Solutions. "We are also excited with new brands such as Cintron Energy Drink and their plans to introduce four new juice flavors this spring."Expansion plans are underway to combine efforts with Aqua Maestro and Beverage Network of Maryland. This expansion will enable Aqua Maestro to begin local warehousing and delivery of fine waters to Washington, D.C. hotels and restaurants. "This logistical effort, to take advantage of the synergy between Beverage Network of Maryland and Aqua Maestro, will enable both companies to expand into the 'on premise' marketplace, and further add a strategic hub in the distribution network for Aqua Maestro," said Spitalny.
"We are excited about our plans in the Baltimore-Washington market for 2008. Our existing brands and retail relationships will benefit from this expansion and we anticipate new brands and retailers to benefit as well," said Spitalny. "We have worked hard this past year to prepare Aqua Maestro to take advantage of the assets of Beverage Network of Maryland and look forward to enhancing the synergies of these two companies in 2008."
About Global Beverage Solutions, Inc.
Global Beverage Solutions, Inc. is focused on acquiring majority ownership interests in beverage-related companies, with a particular emphasis on companies operating in the imported bottled water and alternative or "New Age" beverage industries. Global Beverage Solutions, Inc. currently operates two wholly owned beverage-related subsidiaries:
-- Aqua Maestro, Inc. -- an importer and seller of bottled water via company-owned distribution centers to retailers and consumers in South Florida, direct sales to retailers outside of South Florida, direct sales to consumers generated through its website at http://www.aquamaestro.com, and sales to third party distributors.
-- Beverage Network of Maryland, Inc. -- a New Age distributor based in Jessup, Maryland., which distributes brands such as Welch's and Fiji water to retailers in Washington, D.C., Northern Virginia, and the entire state of Maryland.
For additional information about Global Beverage visit: http://www.globalbeveragesolutions.com.
Forward-Looking Statements
This press release may contain certain forward-looking statements, including statements with regard to the future performance of Global Beverage. Words such as "believes," "expects," "projects," "should," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in Global Beverage's Form 10-K for the year ended December 31, 2006, and other filings with the Securities and Exchange Commission. Global Beverage undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Jerry Pearring
Phone: (954) 473-0850