HOUSTON, Oct. 23, 2006 (PRIMEZONE) -- American Enterprise Development Corporation (OTCBB:AEND) announced today that Havoc Distribution, Inc., its wholly owned portfolio company, is now the exclusive energy drink sponsor for three more college athletic conferences. Contracts have been signed with the Missouri Valley Conference, the Mountain West Conference and the Mid-Continent Conference. Havoc will not only be a corporate sponsor of these athletic conferences, but will distribute its winning energy drink in each community supported by one of its sponsored colleges or universities. Over 100 colleges are now part of Havoc's conference relationships.
"We support college sports because it is good for the athletes, good for the colleges and good for Havoc," noted president C.K. Williams. "We believe we deliver the best tasting energy drink in America and we're about to prove it as we roll out our product nationwide," he added.
"We see Havoc as a brand that delivers both a high quality, flavorful energy drink and a product attractive to sports fans of any age. We expect this relationship to help attract young buyers to our products and our Company's story as Havoc builds its nationwide distribution relationships over the course of the next year."
Havoc will be based in Dallas, Texas and will operate as a portfolio company of American Enterprise, which is a Texas business development company focused on investing in early-stage enterprises and providing significant managerial support to its portfolio companies.
Safe Harbor Statement:
This news release contains certain "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.