RushNet, Inc. Updates e-water(TM) Japan; Prepares Holiday Promotions
October 27 2006 - 3:33PM
Business Wire
RushNet, Inc. (Pink Sheets:RSHN) is pleased to announce the
following developments: 1) RushNet�s relationship with its Japanese
importer has gained momentum as RushNet prepares for first Japanese
purchase order of e-water�. The importer, representing a
significant portion of the Japanese beverage market, is seeking
exclusive rights to sell e-water� in Japan. An agreement, favorable
to both Company and importer, is being fashioned so that consumers
throughout Japan can enjoy e-water�, a wholly owned RushNet, Inc.
product. 2) RushNet is coordinating special holiday promotions for
its carbonated products with regional U.S. distributors. Company
reports increasing order-flow and strong demand. 3) RushNet is
applying for �USDA Organic� seal for its acclaimed Organic Apple
RUSH� line. The Minnesota plant packing Organic Apple RUSH� is also
applying for �USDA Organic� certification for said facility.
Following USDA approval, RushNet, Inc. would become an �Organic
Trading Agent.� 4) Organic Rush Cola� will be rolled out next
summer in bottles and cans throughout the USA and in Canada by
early 2007 5) In two weeks, Company will inaugurate a new website
featuring corporate updates. 6) The Non Objecting Beneficial Owner
(NOBO) list, under intense review by RushNet, counts 4,231
individual shareholders, constituting a significant fraction of
total shareholder base. To obtain the most accurate outstanding
share count, Company has further requested ADP provide an exact
number of RushNet, Inc. common shares classified as �OBO,� i.e.,
belonging to Objecting Beneficial Owners. Studies show �OBO� share
totals generally exceed �NOBO� totals. RushNet expects to publish
an outstanding share count and revised official
issued-and-outstanding share count in November. RushNet, Inc. is
licensed marketing agent for Rush Beverage Company whose products
include all-natural soft drinks Ginseng Rush�, Ginseng Rush XXX�,
Rush Ginseng Cola� and the Organic Apple RUSH� line. RushNet, Inc.
is brand owner of e-water�. Disclaimer: The Company relies upon
Safe Harbor Laws of 1933, 1934 and 1995 for all public news
releases. Statements, which are not historical facts, are
forward-looking statements. The company, through its management,
makes forward-looking public statements concerning expected future
operations, performance and other developments. Such
forward-looking statements are necessarily estimates reflecting
company's best judgment based upon current information and involve
a number of risks and uncertainties, and there can be no assurance
that other factors will not affect accuracy of such forward-looking
statements. It is impossible to identify all such factors. Factors
which could cause actual results to differ materially from those
estimated by company include, but are not limited to, government
regulation; managing and maintaining growth; effect of adverse
publicity; litigation; competition; and other factors which may be
identified from time to time in company's public announcements.
RushNet, Inc. (Pink Sheets:RSHN) is pleased to announce the
following developments: 1) RushNet's relationship with its Japanese
importer has gained momentum as RushNet prepares for first Japanese
purchase order of e-water(TM). The importer, representing a
significant portion of the Japanese beverage market, is seeking
exclusive rights to sell e-water(TM) in Japan. An agreement,
favorable to both Company and importer, is being fashioned so that
consumers throughout Japan can enjoy e-water(TM), a wholly owned
RushNet, Inc. product. 2) RushNet is coordinating special holiday
promotions for its carbonated products with regional U.S.
distributors. Company reports increasing order-flow and strong
demand. 3) RushNet is applying for "USDA Organic" seal for its
acclaimed Organic Apple RUSH(TM) line. The Minnesota plant packing
Organic Apple RUSH(TM) is also applying for "USDA Organic"
certification for said facility. Following USDA approval, RushNet,
Inc. would become an "Organic Trading Agent." 4) Organic Rush
Cola(TM) will be rolled out next summer in bottles and cans
throughout the USA and in Canada by early 2007 5) In two weeks,
Company will inaugurate a new website featuring corporate updates.
6) The Non Objecting Beneficial Owner (NOBO) list, under intense
review by RushNet, counts 4,231 individual shareholders,
constituting a significant fraction of total shareholder base. To
obtain the most accurate outstanding share count, Company has
further requested ADP provide an exact number of RushNet, Inc.
common shares classified as "OBO," i.e., belonging to Objecting
Beneficial Owners. Studies show "OBO" share totals generally exceed
"NOBO" totals. RushNet expects to publish an outstanding share
count and revised official issued-and-outstanding share count in
November. RushNet, Inc. is licensed marketing agent for Rush
Beverage Company whose products include all-natural soft drinks
Ginseng Rush(R), Ginseng Rush XXX(TM), Rush Ginseng Cola(TM) and
the Organic Apple RUSH(TM) line. RushNet, Inc. is brand owner of
e-water(TM). Disclaimer: The Company relies upon Safe Harbor Laws
of 1933, 1934 and 1995 for all public news releases. Statements,
which are not historical facts, are forward-looking statements. The
company, through its management, makes forward-looking public
statements concerning expected future operations, performance and
other developments. Such forward-looking statements are necessarily
estimates reflecting company's best judgment based upon current
information and involve a number of risks and uncertainties, and
there can be no assurance that other factors will not affect
accuracy of such forward-looking statements. It is impossible to
identify all such factors. Factors which could cause actual results
to differ materially from those estimated by company include, but
are not limited to, government regulation; managing and maintaining
growth; effect of adverse publicity; litigation; competition; and
other factors which may be identified from time to time in
company's public announcements.
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