Royal Spring Water received a signed purchase order for $6,493,530 from Togo, Africa
13 Junho 2006 - 12:07PM
PR Newswire (US)
LOS ANGELES, June 13 /PRNewswire/ -- Royal Spring Water Inc.
(OTC:RSPG), a bottler and distributor of pure, sweet water from the
Artesian wells of the Ogallala Aquifer announced today that it has
received a $6,493,530 USD purchase order with a 2 year term for the
territory of Togo, Africa. The purchase order was signed by Dr.
Abraham Brahoom, Chairman of the African Refugees Welfare
Organization (AREWO). Royal Spring Water is expecting to receive
full payment in the sum of $6,493,530 within the next 21 days.
Production for this purchase order will commence once full payment
has been received. Under this purchase order Royal Spring Water
will supply the AREWO with 1.5 L size bottles, which is expected to
start shipping in the month of July 2006, on a monthly basis. The
bottles for this contract will bare the Royal Spring Water label.
Alex Hazan, President and CEO of Royal Spring Water said, "these
are exciting times for Royal Spring Water as we have received this
purchase order, which is one of many contracts we are currently
negotiating, both internationally and domestically. We believe our
exceptional quality and competitive price will make us one of the
world's leaders in bottled water." About Royal Spring Water Inc.
Royal Spring Water (http://www.royalspringswater.com/) bottles and
distributes pure, sweet drinking water from the Artesian wells of
the Ogallala Aquifer of unparalleled quality and purity. The
Company's underground source has existed for millions of years and
is part of the "Ogallala Aquifer", one of the country's largest and
best water quality aquifers. This pure water from the Artesian
wells is already cold and free of organic contaminants, making it
desirable for drinking. The state-of-the-art facility in Hereford,
Texas is where pure water is extracted from underground wells and
then filtered and filled through a complex filtration and bottling
process. In addition to high quality water, the facility allows for
the manufacturing of plastic bottles and labels providing a fully
customized product for a very competitive price. Important
Information About Forward-Looking Statements The above statements
which are not purely historical, are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including our belief, expectations, hopes or intentions
regarding the future. All forward-looking statements are made as of
the date hereof and are based on information available to the
parties as of such date. It is important to note that the actual
outcome and the actual results could differ materially from those
in such forward-looking statements. Factors that could cause actual
results to differ materially include risks and uncertainties, such
as technological, legislative, corporate, financial and marketplace
changes. All statements in this news release that are other than
statements of historical facts are forward-looking statements,
which contain our current expectations about our future results.
Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking
statements by using words such as "anticipates," "believes,"
"could," "expects," "intends," "may," "should" and other similar
expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give
no assurance that such expectations will prove to be correct. A
number of factors may affect our future results and may cause those
results to differ materially from those indicated in any
forward-looking statements made by us or on our behalf. Such
factors include our limited operating history; our need for
significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and
strategic partners; our ability to achieve and maintain
profitability; fluctuations in the trading price and volume of our
stock; competition from other providers of similar products and
services; and other unanticipated future events and conditions. For
further information please contact: Maxwell Network Group Sheldon
Gold Mira Anidjar Investment Relations (416) 748-7800 or 1 (800)
596-5503 http://www.maxwellnetwork.com/ DATASOURCE: News release
via Canada NewsWire, Toronto 416-863-9350 CONTACT: Maxwell Network
Group: Sheldon Gold, Mira Anidjar, Investment Relations, (416)
748-7800 or 1-800-596-5503, http://www.maxwellnetwork.com/
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