SOURCE: Global Beverage Solutions, Inc.

April 20, 2007 12:55 ET

Global Beverage Solutions, Inc. Reports Temporary Delay in Filing Its Form 10-KSB

TULSA, OK -- (MARKET WIRE) -- April 20, 2007 -- Global Beverage Solutions, Inc. (OTCBB: GBVSE) ("Global Beverage") reports a delay in the release of the filing of its Form 10-KSB for the year ended December 31, 2006. The company is experiencing delays related to the acquisitions of Beverage Network of Maryland and Aqua Maestro and expects to file the Form 10-KSB early next week.

As a result of the delay in filing the annual report, Global Beverage's stock symbol will temporarily change to GBVSE, effective at the open of trading on Friday, April 20, 2007.

"While we do not take the timing filing of periodic reports lightly, Global Beverage management believes that it is in the best interests of the company and its shareholders to rectify these issues before the annual report is filed. Even as we complete the work on the annual report, we continue in our efforts to build Global Beverage and its portfolio companies to enhance operations and increase the financial performance and transparency of GBVS," Mr. Pearring said.

If you would like to receive e-mail announcements about Global Beverage Solutions, Inc., additional information, or to contact a representative directly, please visit us on the web at: http://www.avcg.net/profile/gbvs.

About Global Beverage Solutions, Inc.

Global Beverage Solutions, Inc. (GBVS) invests in a portfolio of companies in the beverage industry. Its portfolio companies include EON Beverage Group, Inc., Rudy Beverage, Inc., XStream Beverage Network of Maryland and Aqua Maestro, Inc. For additional information, please visit www.globalbeveragesolutions.com and www.avcg.net/profile/GBVS.

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