AQUAGOLD INTERNATIONAL ANNOUNCES PARTIAL SHIPMENT ARRIVAL IN CHINA AND ACCEPTANCE OF LETTER OF CREDIT

September 11, 2009

New York, NY (JUNE 10, 2009) – AQUAGOLD INTERNATIONAL (OTC/Pink Sheets: AQUI), a global distributor of premier Canadian spring water products, announces the arrival of a partial container shipment of AQUAGOLD flagship 500 mL bottled water in the Port of Shanghai, China.  Concurrently, AQUAGOLD also announces that the opening bank in China has accepted the terms and conditions of the irrevocable letter of credit under which the shipment was made.

 “The successful arrival of this shipment and the acceptance of the letter of credit by the opening bank, solidified the shipping and compliance phases of our production process,” states Domingo M. Silvas III, CEO of AQUAGOLD.  “We have worked very diligently to ensure that all aspects of production and delivery are both efficient and replicable.  Acceptance by the opening bank in China of the letter of credit further ensures collection of proceeds for the delivery.  We are very confident that our process going forward is now proven and will effectively support sales and distribution of what we believe is a first-rate product.”

With a portion of this first order going to the Dashang Group and a significant portion of final sales from this order expected to be introduced into the high-end, on-site consumption market, Vice President of Asia Market Sales, Marc Hassoun, looks forward to AQUAGOLD’S product promotion by the sales force.

 “Our sales representatives are being dispatched to various points of sale and in addition to the on-trade market, will continue to become more involved in the off-trade sectors,” Mr. Hassoun said.  “We have a team in Shanghai prepared to provide education to potential consumers at several LianHua sites.  Consumers will be able to taste our water at these locations and learn about the purity and composition of AQUAGOLD bottled water,” Mr. Hassoun continued. 

 Management believes that AQUAGOLD’s flagship product, spring water that is sourced from Canada, marks the first time such a product has ever been introduced in China. 

 “The sales representatives are well-prepared to interact with prospective clients and will be available to answer questions, share their knowledge and distribute brochures at the points of sale to anyone who is interested,” Mr. Hassoun remarked.  “This shipment arrival will also enable consumers to find our product in high-end venues such as luxury hotels, high-end restaurants and prestigious nightlife establishments.  Overall, the AQUAGOLD brand is continuing to strongly develop.”

 About AQUAGOLD INTERNATIONAL

AQUAGOLD INTERNATIONAL is pursuing its mission to provide premier Canadian spring water products to the world. Its vision is to distribute its products globally and to become a leading distributor of some of the most recognized brands in the market. The company’s mission and vision have begun in China with its first bottled water product, AQUAGOLD Premier Canadian Spring Water.

 The information in this press release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future.  Except for historical information contained herein, all such statements included in this press release are forward looking statements and are made by AQUAGOLD INTERNATIONAL, INC. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934.  All forward-looking statements are based upon information currently available.  Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it cannot give any assurances that such expectations will prove to have been correct.  Actual results may differ materially from those indicated by these statements.  Numerous factors could cause or contribute to such differences.  The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements.  These risks and uncertainties include, but are not limited to, economic conditions, consumer spending, changes in the law or regulations, demand for products and services of the company, the competitive environment within the industry, the economic conditions in the industry and the financial strength of the Company’s customers and suppliers.  The Company does not undertake any obligation to update such forward-looking statements.  Investors are also directed to consider all other risks and uncertainties.

Contact Joe Matuella, 4D Strategies, Tel: 561.439.9994, email: Joe@4Dstrategies.com, www.aquagoldinternational.com.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: