Royal Spring Water Inc., signs a one year purchase and supply agreement with Low Calzone, for a private label of 16.9oz bottled
February 28 2007 - 7:40AM
PR Newswire (US)
LOS ANGELES, Feb. 28 /PRNewswire-FirstCall/ -- Royal Spring Water
Inc. (OTC:RSPG), (the "Company") a bottler and distributor of pure
water from the Artesian wells of the "Ogallala Aquifer", announced
today that it has signed a one year purchase and supply agreement
with Low Calzone, for a private label of 16.9oz bottled water. The
agreement calls for payment based on net 30 from the date of
delivery. The first monthly shipment is estimated to leave the
Royal Spring Water Inc. plant in Hereford, Texas, by the end of
March, 2007. The first shipment is for 5,000 cases, with 24 bottles
per case. Alex Hazan, Royal Spring Water Inc., President and Chief
Executive Officer said "We welcome Low Calzone to the several
companies that are already purchasing and using Royal Spring's
healthy, tasty, and affordable private label bottled water. Due to
the increase in demand for our private label bottled water, we are
adding a second shift in order to meet the demand for purchase
orders." About Royal Spring Water Inc. Royal Spring Water
(http://www.royalspringswater.com/) bottles and distributes
purified water from the Artesian wells of the "Ogallala Aquifer".
The Company's underground water 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 water is extracted from underground
wells, then processed through a complex filtration and bottling
system. In addition to producing high quality water, the facility
allows for the manufacturing of plastic bottles and labels
providing a fully customized product for a very competitive price.
Cautionary Statement Pursuant to Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995: This press
release may contain forward-looking statements, which are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Expressions of future goals and
similar expressions reflecting something other than historical fact
are intended to identify forward-looking statements, but are not
the exclusive means of identifying such statements. These
forward-looking statements involve a number of risks and
uncertainties. The actual results that the Company achieves may
differ materially from any forward-looking statements due to such
risks and uncertainties. The Company undertakes no obligations to
revise or update any forward-looking statements in order to reflect
events or circumstances that may arise after the date of this news
release For further information contact: Maxwell Network Group
Sheldon Gold / Mira Anidjar Investment Relations 1-800-596-5503
http://www.maxwellnetwork.com/ DATASOURCE: Royal Spring Water Inc.
CONTACT: Maxwell Network Group, Sheldon Gold/Mira Anidjar,
Investment Relations, 1-800-596-5503,
http://www.maxwellnetwork.com/
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