TEMECULA, Calif., May 8, 2003 (PRIMEZONE) -- VentureNet Capital Group, Inc. (Pink Sheets:VNTN) announced today that its coffee drink division, Buzzy's Coffee, shipped 3 container loads to ICS El Salvador, an import company located in San Salvador. Buzzy's Coffee will be shipping 3 container loads per month for the balance of 2003 generating approximately $475,000 in gross revenue.
Buzzy's Coffee will be sold through the "Super Selector" Supermarket chain.
Buzzy's Coffee sells ready-to-drink iced coffee in 10 oz. Glass bottles. The Drinks are available in 5 flavors: Mocha, French Vanilla, Hazelnut Dream, Mocha Lite, and Irish Cream.
Buzzy's Coffee is a division of VentureNet Capital Group, Inc. and Larry "Buzzy" Twombly is the president that handles all day-to-day operations.
VentureNet Capital Group, Inc. specializes in providing financing and management expertise to private and public emerging growth companies demonstrating current revenues and a high growth potential.
FORWARD-LOOKING STATEMENTS
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.