SOURCE: Omninet, Inc.

November 13, 2007 09:15 ET


SANTA ANA, CA--(Marketwire - November 13, 2007) - Omninet Media.Com, Inc. (PINKSHEETS: ONMC), soon to be AQUAGOLD International, Inc., today releases Manuel DaSilva's (CEO AQUAGOLD International Inc.) statement to shareholders.

Attention ONMC/AQUAGOLD shareholders,

I would like to take this opportunity to update you on AQUAGOLD's current state of affairs and the direction that has been chosen for our present and future endeavours here in China. I have been in China for half a year establishing the groundwork for our AQUAGOLD brand of spring water to enter the Chinese market (details of which have been reported to you via previous press releases). It has been my vision for several years to establish an entrance strategy in partnership with my Chinese counterparts. These relationships have been developed in previous personal and business exchanges spanning the last decade.

My team and I have studied the demands of this rapidly growing market for the last several years and have conceived a business model that would harmonize this growing demand in China to our supply in Canada. I have been conscious throughout this process that AQUAGOLD's success would necessarily be achieved through collaboration between our two countries and through education and promotion of our product in the appropriate spheres of influence and channels of communication here in China. The same way that China needed education concerning the quality of our product, we needed an open mindedness in regards to the business model that we would develop and adopt.

It is no secret that China is a huge country of extreme diversity, rich cultural tradition and heritage. I entered this country over six months ago to dedicate my time in Beijing, Shanghai Dalian and other areas of demographic importance to understanding the ways of business guided by my Chinese associates. Our group here in China has opened the doors to business leaders and government officials of all rank in order to develop awareness and begin promotion of AQUAGOLD spring water products. AQUAGOLD is now recognized here in China as the best quality water that money can buy and we will continue to educate and promote through the diverse marketing activities currently underway.

This being said I have also been aware of the fact that mass marketing and promotion will be an elemental part of making AQUAGOLD a household name in a market formerly dominated by French companies, some of which have had disastrous difficulties in the last year. The stage is now set for AQUAGOLD to launch all phases of our game plan as we kick off with the FHC trade show here in Shanghai this week. To this effect my Canadian team has joined me in Shanghai to lend support for this major event and we are presently relocating members of our executive team to China. I will be providing you with details pertaining to our contracts and logistics setup here in China very shortly as well as requested information regarding the progress of our public company.

Once again, I would like to extend heartfelt gratitude to the diverse groups that have supported us over the years, a special thanks to my immediate teams that have shown the resilience necessary to make all this possible.


Manuel Da Silva
President & C.E.O.

About Omninet, Inc.

Omninet, Inc. is a development stage corporation mandated by its shareholders to seek out business opportunities to acquire or merge with to create value for its shareholders.

For more information available to the public, contact the investor relations dept. at 949-666-5141.

About AQUAGOLD International, Inc.

"AQUAGOLD" branded premium Canadian Spring Water is presently being shipped into China. In 2005, sales of bottled water in China experienced strong growth of 16% (liters) and 15% (RMB/$) to reach 11.2 billion liters and RMB24.1 billion or $3.17 Billion USD in volume and current value terms. The estimates on AQUAGOLD'S China contract alone exceed $500 Million in revenues, however how much in excess will follow in the near future resulting from ongoing marketing activities such as the upcoming trade show in Shanghai, China over the coming few weeks.

China and the rest of Asia but also through growing market share in each of these markets with a huge opportunity coming when the Chinese Capital City of Beijing will be hosting the 2008 Summer Olympic Games.

Forward-Looking Statements

This news release contains forward-looking statements made by OMNINET MEDIA.COM, INC. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.

Contact Information

  • Company Contact:
    Marc-Olivier Hassoun for AQUAGOLD International, Inc.
    Jesse Rodriguez for Omninet, Inc.