SOURCE: Caribbean Developments, Inc.

September 29, 2005 08:00 ET

Caribbean Developments, Inc. Announces Preparations for Fall Seeding of Blueberries and Cranberries

ST. VINCENT, CARIBBEAN -- (MARKET WIRE) -- September 29, 2005 -- Caribbean Developments, Inc. (OTC: CDVM), an organic agricultural company, today announced that it has begun preparations for blueberry, cranberry and truffle production in St. Vincent. The company will be planting the first set of crops in the north part of the island. The north end of the island provides well-drained sandy soils, high organic matter content, acidic soils and ideal sloping for surface drainage. These conditions are ideal for berry growth and the company plans to begin fall seeding of blueberries and cranberries. Truffles will be harvested in the middle of the island in a valley know as Mesopotamia, where trees similar to oak grow abundantly. Site preparation, including pre-planting weed control, are currently in the works.

About Caribbean Developments, Inc.

St. Vincent and the Grenadines is considered the breadbasket for much of the Caribbean. Therefore it is a natural choice to establish the base of the operations for Caribbean Developments, Inc. on St. Vincent. Caribbean Developments, Inc.'s main focus is on growing and harvesting blueberries, cranberries, and truffles. Blueberries and cranberries are considered two of the most vital foods that we can consume as both have been proven to help prevent a number of diseases. Truffles are perhaps the most profitable cash crop produced anywhere and with tourism booming in the Caribbean and many high-class restaurants located in the surrounding islands, Truffles was a natural crop to focus on.

In addition to growing and harvesting these crops for export, CDVM will look to integrate these products to produce fruit drinks, jams jellies and other products for export. Other products will also include the development of the coconut business, utilizing the natural ingredients and the numerous by-products of the wondrous coconut

Safe Harbor Statement

This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives, and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include, but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

Contact Information

  • Investor Relations:
    David Duncan
    Tel: 1 212 802 7631
    Email: Email Contact