CORONA, Calif., Aug. 11, 2005 (PRIMEZONE) -- Nationwide Beverage Bottling Corporation (Pink Sheets:NBVB) announced today the appointment of Frank Chessman as Chief Operating Officer of Nationwide Beverage Bottling Corporation.
Mr. Chessman joined the Company in the fall of 2004 as Vice President -- Sales and Marketing. Prior to joining Nationwide, Mr. Chessman served in various executive sales and management positions for over 35 years. Following his graduation from the Marshall School of Business at the University of Southern California in 1969, he began a 19-year career with Ralph's Grocery Company.
At Ralph's, he eventually rose to be Vice President of Sales and Advertising, becoming the youngest Vice President in the 125-year history of Ralph's. He then served 12 years as Executive Vice President of Simon Marketing, where he was responsible for all operations as well as management of Simon's largest account, McDonald's restaurants and their Happy Meal promotions. He followed that with four years as Executive Vice President and General Manager of Aspen Marketing. During his 35 years of food merchandising, Mr. Chessman also completed a graduate program at the Anderson School of Management at UCLA.
Steve Rice, President and CEO of Nationwide, stated, "Frank Chessman has shown great vision in the almost one year period that he has led Nationwide's sales and marketing operations. We fully expect that his many years of executive experience in food merchandising will be a tremendous plus for him in his new role at Nationwide. Our management team expects that he will make tremendous strides in seeing that Nationwide not only reaches, but exceeds its lofty goals."
About Nationwide Beverage Bottling Corporation:
Through its wholly owned subsidiary, Nationwide Beverage Bottling, Inc., the Company operates a bottling facility in Corona, California. Currently, the plant has a capacity of approximately 1,000 bottles (up to 1/2 liter size) per minute of any still water-based, cold filled product. The Company presently produces and markets its own beverage line, Agua Sabores(tm), a beverage based upon a traditional Hispanic beverage -- a fructose-sweetened and fruit flavored water product. In addition, the Company produces, markets and distributes Palomar Mountain Spring Water and the complete line of Kokomo(tm) Mountain Spring Water flavored beverages.
For more information about Nationwide Beverage Bottling Corporation and its products, please visit our website www.nbbottling.com, or, see www.pinksheets.com for our current disclosure document.
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may, "could," or "might," occur. Such statements reflect the current views of Nationwide Beverage Bottling Corporation with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's public disclosure documents. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company does not undertake any responsibility to update the "forward-looking" statements contained in this news release.