SOURCE: Coastal Holdings, Inc.

April 11, 2007 09:33 ET

Coastal Holdings, Inc. Announces the Appointment of Horace Sirois to Aqua Gold International, Inc. President

Phase I of Reverse Merger Process With Aqua Gold Has Commenced

HOUSTON, TX -- (MARKET WIRE) -- April 11, 2007 -- Coastal Holdings, Inc. (PINKSHEETS: COHG) today announced that pursuant to the reverse merger agreement completed last week, Aqua Gold International, Inc. has appointed Mr. Horace A. Sirois to the position of Company President in preparation for the implementation of the new operational plan.

Mr. Horace A. Sirois is currently President and CEO of the World Business Development Bureau (WBDB - He is also an active member of the Canada China Network Council (CCNC), and has successfully executed several trading contracts and land development projects in China. In particular the honourable Prime Minister of Quebec Jean Charest, during his economic mission in China, was proud to announce the largest contract in bottled water industry ever made between Canada and China; which was executed by WBDB. Mr Sirois is a highly experienced public servant who has held various senior executive positions in both the public and private sectors.

Aqua Gold has offered Mr. Sirois a 5 year contract and, upon signature of the contract, Mr. Sirois will replace Mr. Da Silva who has served as President since the inception of the Company. Coastal Holdings believes that this appointment is a true blessing for the Company, and stated: "This high profile nomination will open many doors to expand global distribution of the bottled water and will play a significant role in attracting additional high-caliber managerial and executive talent to the Company."

About Aqua Gold International, Inc.

Aqua Gold International, Inc. ("Aqua Gold") is a Canadian Corporation involved in the marketing and distribution of premium natural spring water. Aqua Gold's proprietary brand of natural spring water called "AQUA GOLD" is produced in Canada and bottled on a Native Reserve by Iroquois Water Ltd., on the Mohawk Nation Territory of Akwesasne. Aqua Gold's manufacturer has been recognized by Wal-Mart, the Canadian Bottled Water Association (CBWA), the International Bottled Water Association (IBWA), and the National Sanitation Foundation as a superior quality producer. Aqua Gold selects its spring water sources according to internal standards. These standards are far more stringent than those set by the US Food and Drug Administration (FDA), the CBWA and the IBWA. The Company's mission is to attain a prominent position in the worldwide bottled water market and, in particular, become one of the best-selling brands of bottled water in the Asia-Pacific region.

For more information on Aqua Gold International, Inc., please contact CEO and Chairman Manuel Da Silva at (514) 886-9079 or visit the Corporate website at

For more information on Coastal Holdings, Inc., please contact CEO Andrea Cortellazzi at (514) 288-9699.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

Contact Information