TULSA, Okla., Jan. 18, 2006 (PRIMEZONE) -- Global Beverage Solutions, Inc. (OTCBB:GBVS) has signed a letter of intent to increase its equity position in EON Beverage Group, LLC from 9% to 53%.
"We are pleased to be able to expand our ownership position in EON Beverage Group," stated Rick Clark, CEO of Global Beverage Solutions, Inc. "This strategic opportunity, coupled with EON's proprietary new beverage products, will significantly boost our industry position."
Jim Harford, President and CEO of EON Beverage Goup, LLC, indicated that he is delighted with this continued investment and the confidence expressed by Global Beverage Solutions. "This will be of immeasurable assistance in the roll-out of EON Water in the health and food channels across the country. Additionally, our participation with Rudy Beverage Group in supplying the base beverage for their product line is very exciting. We are glad to be a sister company of the Rudy Beverage Group and pleased to be part of the GBVS portfolio."
Eon Beverage Group, LLC, founded by Jim Harford, markets bottled water under the name `EON'. This unique product was developed from a new concept called "structured water," whereby water molecules organize themselves through hydrogen bonding into distinct molecular structures. EON structured water is formed through a proprietary process (patent pending) that alters the molecular structure of purified water. Its manufacturing process works to replicate the natural structures found in all fruits and vegetables, allowing the users of EON water to achieve enhanced intra-cellular hydration through a significant absorption capability, which is crucial for optimal health.
Global Beverage Solutions, Inc. (GBVS) invests in a portfolio of companies that primarily engage in manufacturing, distributing and selling beverages worldwide. Its portfolio companies include EON Beverage Group, LLC, manufacturing bottled water under the `EON' name through a proprietary process that alters the molecular structure of purified water, and Rudy Beverage Group, Inc., developing a line of beverages lower in sugar and higher in nutritional value than other beverages available on the market today. GBVS also holds equity interest in Titanium Design Studio, Inc. GBVS is based in Tulsa, Oklahoma. For additional information about EON Beverage Group, or any of its portfolio companies, please visit www.globalbeveragesolutions.com
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