BEIJING, June 23, 2005 (PRIMEZONE) -- Calcol, Inc. (Pink Sheets:CLCL), a Delaware-incorporated holdings company with subsidiaries that operate in China, announced that its Chairman, Norman C. Kaplan, was interviewed on MacReport.Net.
Kaplan discussed the company which, through its wholly owned foreign enterprise subsidiary MALIBU-COLA BEVERAGES CO. LTD. of Beijing, China, produces and sells MALIBU-COLA, MALIBU SUNRISE (orange), MALIBU SURF'S UP (lemon-lime), MALIBU VERRY CHERRY COLA, MALIBU LEMON SQUEEZE (lemon soda), MALIBU DIET DEE-LITE COLA, MALIBU DIET DEE-LITE KIWI STRAWBERRY and MALIBU DIET DEE-LITE WHITE GRAPE, as well as MALIBU-H-2-0 (purified and filtered bottled water), soft drink concentrates, syrups, and finished bottled beverages.
About Calcol Inc.
Calcol holds one of three business licenses in China for the production and sale of foreign-branded soft drink concentrates, syrups, and finished bottled beverages.
Calcol currently distributes its products in 500 ml, 600 ml, 1.25 L, and 2.0 Liter PET bottles and 355 ml aluminum cans in more than 3,000 stores in the province surrounding Beijing, and has recently signed a Master Distribution Contract with an international retail chain to distribute its products nationally in China, making MALIBU-COLA a national brand. Calcol Inc. has recently hired a new CFO for Calcol and MALIBU-COLA resident in Beijing with many years' consumer product CFO experience in mass market confectionery chocolate candy through Europe, and food ingredient manufacture in China, who will assume responsibility for internal cost and sales accounting and reporting, as well as audit preparation for Calcol's application to list on the Nasdaq, which it hopes to complete by December 31, 2005.
Calcol Inc. (CLCL) involves a high degree of risk and is a suitable investment only for accredited, institutional, and/or overseas investors who are able to evaluate the risk, consult with an investment advisor or licensed stockbroker, and can afford to lose their entire investment. This announcement is for information only.
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