TEMECULA, Calif. Sept. 25, 2003 (PRIMEZONE) -- V-Net Beverages, Inc. (Pink Sheets:VNTB), a Temecula, California publicly traded company, trading under the stock symbol VNTB is pleased to announce that "Impact Beverages Inc.," of which, V-Net Beverages, Inc. is acquiring a 25% stake, has recently received US Patent Office approval for two of its four patent pending technologies.
The two patented technologies that were recently approved include: 1.) for Impact's unique organic cold fill process, and 2.) for its first of many composition patents.
"This recent approval from the US Patent Office is a significant step in the intellectual property portfolio of Impact Beverages," according to Michael Brette, V-Net Beverages, Inc. Chairman and CEO. "Impact intends to file a series of patent applications over the next few months in its efforts to secure a defendable position with regards to its advanced beverage technology."
Impact Beverages is a technology-based company based in Scottsdale, Arizona.
"The beverage industry, both domestically and internationally, is already well aware of how our technological breakthrough will revolutionize beverage production and become a catalyst for a new generation of bottled waters and beverages. As a result, Impact has entered into licensing discussions with a number of large multi-national consumer products firms, and with representatives of beverage companies from around the world," a confidant Brette expressed. "The die is cast and we are confident of our success both in the short and long term."
Until now, the cold-fill process has not been available for the production of beverages without using preservatives other than the production of bottled water. This technology is perfectly suited for the fast-growing sector of nutritionally enhanced beverages and value-added waters.
This press release contains statements, which may constitute ``forward-looking statements'' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Specialized Leasing Inc. and Sassoon Group Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
More information on this company can be found on eWorldWire's OnlineNewsroom at:
HTML: http://newsroom.eworldwire.com/wr/092403/1732.htm
PDF: http://newsroom.eworldwire.com/pdf/092403/1732.pdf
ONLINE NEWSROOM: http://newsroom.eworldwire.com/1774.htm