SOURCE: Boreal Water Collection Inc.

August 14, 2014 08:30 ET

Boreal Water Distributor, SOHO Corp, Gets the Go Ahead From the Chinese Government to Import "Boreal's Baby Water"

Global Bottled Water Market Reached Over $157 Billion in 2013

KIAMESHA LAKE, NY--(Marketwired - Aug 14, 2014) - Boreal Water Collection, Inc. (PINKSHEETS: BRWC) announced today that its major distributor in Asia, SOHO Corp., just received all the approvals necessary from the Chinese government to import "Boreal's Baby Water" product in large quantities. The contract value is approximately $24 million over a 36 month period. The company will disclose the details of the results of these negotiations as soon as they are finalized.

According to a new report by Transparency Market Research, China is the most active market worldwide for bottled water. Asia Pacific dominated the global bottled water market and accounted for 33% of the global demand valued at approximately $157.27 Billion in 2013. In the coming six years, Asia Pacific is expected to remain the most promising market, with an estimated compound annual growth rate of 10.5% in terms of revenue from 2014 to 2020. The market is expected to reach $279.65 billion by 2020.

"We are extremely pleased that all the authorizations have now been obtained SOHO which will now allow us to begin shipping product over the next month. These new sales will greatly add and play a significant role in our 2015 forecast of revenues," commented Francine Lavoie, CEO of Boreal Water Collection Inc.

About Jiangsu SOHO International Group Corp. a/k/a SOHO Corp.

Jiangsu SOHO International Group Corp. a/k/a SOHO Corp., is a multi-billion dollar China-based company originally founded in October 1979. SOHO' s registered capital is 352.8 million Yuan; the net asset is 2 billion Yuan; the total asset is 5 billion Yuan. The total imports and exports of a year reach 1.1 billion dollars, and the sales revenue exceeds 10 billion Yuan. Its main businesses include import and export trade, domestic trade, industrial investment and brand management.

About Boreal Water Collection, Inc.

Boreal Water Collection is a personalized bottler of a full and diverse line of various types of water including:

  • Functional Enhanced Water   
  • Carbonated Water    
  • Flavored Still or Sparkling   
  • Oxygenated Water   
  • Distilled Water   
  • Caffeinated Water   
  • Infused Water
  • Vitamins Enhanced Water
  • Minerals Enhanced Water
  • Electrolyte Water
  • Alkaline Water
  • Natural Spring Water

Boreal provides premium custom bottled water for its clients and customers, whether it is for publicity, promotion, marketing, internal use or a specific event. Boreal also offers fully integrated turnkey service, with prize-winning Boreal private label water, made-to-order labeling, along with distinctive water containers. Current and past customers include Ritz Carlton, Tommy Hilfiger, Saks Fifth Ave, Infiniti, Guess, LaCosta, Porsche, Re/Max, BMW Balance Water, Wa-taah Water, Fred Water, Dean & DeLuca, the Quin Hotel, WestHouse New York, the Surrey New York City, Bouchon Bakery, Princeton University and 3M. Unlike its competitors, Boreal has exclusive access to two pristine and abundant springs, one an award-winning source deep in the untouched wilds of Canada, and the other in the prestigious Catskill Mountains region in New York State. With exclusive unlimited exploitation rights, Boreal has a confirmed volume in excess of thousands of millions of gallons.

Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

Contact Information