Arrowhead Water Products Ltd.
TSX VENTURE : AWP.A

Arrowhead Water Products Ltd.

September 11, 2007 12:46 ET

Arrowhead Water Reports Increased Sales From New 15 Litre Bottle

CALGARY, ALBERTA--(Marketwire - Sept. 11, 2007) - Arrowhead Water Products Ltd. (TSX VENTURE:AWP.A) ("Arrowhead" or the "Company") is pleased to report that the Company has increased its revenues and bottled water volumes primarily as a result of the introduction of a new 15 litre bottle ("15L"). The new bottle, which is currently produced from the Company's plant in Edmonton, is lighter, crushable and blue box disposable. The new single use bottle is a 100% recyclable green product which is compatible with any water cooler. The bottle has a $0.20 refundable deposit and may be returned in Alberta or British Columbia at any bottle depot. As a result of the introduction of the new bottle concept, the Company has increased its sales and bottled water volumes and will continue to expand its business activities into new areas as follows:

- Continued expansion of retail locations carrying the new innovative 15L bottles in Western Canada.

- Commencement of deliveries of 15L bottles into British Columbia in August, 2007.

- Addition of new major retailer in Western Canada to sell 15L bottles commencing in October, 2007.

- Completion of product registration with Encorp Pacific (Canada) for recycling in British Columbia.

About Arrowhead Water

Arrowhead Water is a bottled water company that generates its revenues through the sale and delivery of drinking water throughout Western Canada. The Company operates direct production facilities in Calgary and Edmonton, and has affiliations with co-packers throughout Canada.

READER ADVISORY

Certain information regarding the Company including management's assessment of future plans and operations may constitute forward-looking statements under applicable securities laws. Forward looking statements are based on the estimates and opinions of the Company's management at the time the statements were made. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "plan", "should", "believe" and similar expressions are intended to identify forward-looking statements and forward-looking information including, but not limited to, statements as to: future capital expenditures, including the amount and nature thereof; business strategy; expansion and growth of the Company's business and operations. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements or information. The Company believes that the expectations reflected in those forward-looking statements and information are reasonable but no assurance can be given that these expectations, or the assumptions underlying these expectations, will prove to be correct and such forward-looking statements should not be unduly relied upon. Such forward-looking statements and information speak only as of the date of this release and the Company does not undertake any obligation to publicly update or revise forward-looking statements or information, except as required by applicable laws. Any forward-looking statements or information previously made may be inaccurate now. All subsequent forward-looking statements and information, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements.

Class A Common Shares - 30,832,530

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Arrowhead Water Products Ltd.
    Donald W. Wood
    President and Chief Executive Officer
    (403) 692-8259
    (403) 234-1485 (FAX)
    Email: dwood@arrowheadwater.ca
    or
    Arrowhead Water Products Ltd.
    5730 Burbank Road S.E.
    Calgary, Alberta T2H 1Z4