Blue Gold Beverages, Inc.
PINK SHEETS : BGBV

December 08, 2010 09:01 ET

Blue Gold Beverages Is in the Final Stages of Negotiations to Acquire Distribution Rights From Major International Bottled Water Company

HOUSTON, TEXAS--(Marketwire - Dec. 8, 2010) - Blue Gold Beverages, Inc. (PINK SHEETS:BGBV) is pleased to announce that the company is in the final stages of negotiations to acquire the distribution rights to one of the leading international ultra premium water brands. The company's management believes that with this acquisition Blue Gold Beverages will be able to make an impact in the Multi-Billion Dollar Premium water market. Blue Gold Beverages plans to use its extensive North American distribution network to dramatically increase sales and propel the company's revenue into the $10,000,000, ultimately maximizing shareholder value.

ABOUT THE COMPANY: Blue Gold Beverages, Inc. is a leading high end producer of private label water and specialty beverages in North America. Some of our products include all natural sodas, teas, non-alcoholic wine coolers and energy drinks. Blue Gold Beverages head office situated in Montreal, Quebec, Canada, we use 3rd party bottling plants strategically located across North America depending on the geographical location of our clients. With the recent acquisition of TY Recycling, Blue Gold Beverages has entered into the polymer recycling business, selling PET and Nylon waste. This is in-line with the company's strategy of becoming environmentally responsible by eliminating its carbon footprint, and increasing shareholder value.

SAFE HARBOR STATEMENT

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company and all affiliated parties do not assume any duty to publicly update or revise the material contained herein.

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