CORONA, Calif., Sept. 14, 2005 (PRIMEZONE) -- Nationwide Beverage Bottling Corporation (Pink Sheets:NBVB) announced today that it has entered into an agreement with American Express Company for Nationwide to sell its KoKomo(tm) Mountain Spring Water beverages to American Express for use in an intra-company promotion.
Steve Rice, President and CEO of Nationwide, stated, "We are very pleased to be working with American Express, one of the world's largest providers of financial services. Our initial contract will allow American Express to distribute our KoKomo(tm) product line in a promotional campaign involving its senior management as well as its employees in the call centers operated by American Express, both within and outside the United States."
Mr. Rice added, "We appreciate the confidence that American Express has shown in Nationwide in selecting us and the KoKomo(tm) beverage line. We fully expect that this order will lead to further sales to American Express with an expansion of the American Express program to all of its worldwide operations. This initial contract with American Express is just another step in our strategy to establish Nationwide as a national leader in the beverage bottling industry."
About Nationwide Beverage Bottling Corporation:
Through its wholly owned subsidiary, Nationwide Beverage Bottling, Inc., the Company operates a bottling facility in Corona, California. Currently, the plant has a capacity of approximately 1,000 bottles (up to 1/2 liter size) per minute of any still water-based, cold filled product. The Company presently produces and markets its own beverage line, Agua Sabores(tm), a beverage based upon a traditional Hispanic beverage -- a fructose-sweetened and fruit flavored water product. In addition, the Company produces, markets and distributes Palomar Mountain Spring Water and the complete line of KoKomo(tm) Mountain Spring Water flavored beverages
For more information about Nationwide Beverage Bottling Corporation and its products, please visit our website www.nbbottling.com, or, see www.pinksheets.com for our current disclosure document.
A number of statements referenced in this release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might," occur. Such statements reflect the current views of Nationwide Beverage Bottling Corporation with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's public disclosure documents. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company does not undertake any responsibility to update the "forward-looking" statements contained in this news release.