SOURCE: Pacific Peak Investments

July 21, 2005 13:09 ET

EON Structured Water Is a Hit in Japan

FL USA Provides EON Access to Over 7000 Retail Outlets Throughout Japan

EON Water Classified as "National Brand" in Japan

LOS ANGELES, CA -- (MARKET WIRE) -- July 21, 2005 -- Pacific Peak Investments (OTC BB: PPKI) announced today that one of its portfolio companies, EON Beverage Group, Inc., has successfully commenced distribution in Japan via FL USA, the American arm of FL JAPAN and one of the foremost distributors of specialty products in Japan. After an initial shipment of two containers, EON announced they have shipped three more containers of EON structured water to Japan.

Mr. Jim Harford, president and CEO of EON Beverage, Inc., stated: "Structured and enhanced waters are the hottest new items in the water category in Japan. We are ecstatic that EON structured water has been classified as a 'National Brand' (as opposed to an import brand) in Japan. The 'national brand' classification is the most sought after designation for Japanese imports."

Mr. Harford further stated: "We are very optimistic as FL JAPAN and their affiliated companies have extensive distribution channels consisting of 5,244 drug store outlets, 2,816 (convenient and leisure store, restaurants) outlets, as well as numerous athletic/fitness clubs throughout Japan. Our relationship with FL JAPAN has the potential of significantly enhancing our revenues. In addition to Japan, we intend to work with FL JAPAN to export EON to other Asian countries."

About FL JAPAN and FL USA

FL JAPAN utilizes FL USA to source specialty products and brands created in the United States. In addition to being attractive to the Japanese consumer, the selected brands, particularly those designated as a "national brand," must meet rigorous testing. FL JAPAN also works in partnership with the Marucho Corporation, importing products into Japan from all over the world. Marucho merchandises a spectrum of beverages ranging from hard liquor and beer to mineral water.

Bruce MacGregor, president and CEO of Pacific Peak Investments, stated, "Not only does EON Beverage, Inc. have tremendous upside within the domestic market, but I believe that this also shows the significant global potential for the EON brand and EON structured water."

About EON Beverage Group, Inc.

Bedford, Texas-based EON Beverage Group, Inc. markets bottled water under the brand name "EON." The uniqueness of this product is a new concept called "structured water." The water molecules organize themselves through hydrogen bonding into distinct molecular structures. EON structured water is formed through a proprietary process (patent pending) which reconfigures the molecular structure of purified water. It is a manufactured replication of the natural structures found in all fruits and vegetables as well as newborn infants. This allows the users of EON water to achieve enhanced intra-cellular hydration through significant absorption capability which is crucial for biological activity and improved athletic performance. For further information about EON Beverage, Inc. please visit www.essenceoflife.com.

About Pacific Peak Investments

As an investment company that has elected to be treated as a "business development company" (BDC) under the Investment Company Act of 1940, Pacific Peak Investments is looking to invest in companies that can demonstrate a history of economic fundamental values prior to the acquisition. These entities will have the prospect for expansion from their existing base as a result of access to additional capital and/or additional management acumen. As part of this strategic process, the Company is looking for investment opportunities in all consumer product categories and/or services that have the potential for a positive return on investment, both in terms of current income and capital appreciation. The Company presently holds equity positions in EON Beverage Group, Inc., Titanium Design Studio Inc. and Island Tribe Inc. For further information about PPKI, please visit www.pacificpeakinvestments.com.

Safe Harbor:

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.

Contact Information

  • Contact:
    Pacific Peak Investments, Los Angeles
    Marge Rohr
    (909) 861-3244
    ir@pacificpeakinvestments
    or
    Adrian James
    (305) 962-2851
    www.Stockwire.com