AQUAGOLD INTERNATIONAL Sponsors Largest USCF Event Celebrating China - US Relations


NEW YORK, Aug. 21, 2009 (GLOBE NEWSWIRE) -- AQUAGOLD INTERNATIONAL (Pink Sheets:AQUI), a global distributor of premier Canadian spring water products, announces its sponsorship of "Celebrating the Full Moon Together -- A Series of Events Celebrating the 30th Anniversary of the Establishment of Diplomatic Relations between China and the United States." The event will take place in New York City.

This event, curated by the United States and China Foundation (USCF) and co-organized by the USCF, China Arts & Entertainment Group, the National Committee on United States-China Relation and China Institution, celebrates the on-going development of communication and understanding between the two countries and promotes strong Sino-US relations. The USCF is a non-profit organization established in the United States in 1992. Its purpose is to facilitate exchanges between the United States and China in a variety of areas, including politics, economics, culture and education. This event is the largest in scale since USCF was founded and has attracted the most influential people to date.

In a press conference held by USCF on August 14, 2009 in Shanghai, China, the details of this event were announced. Highlights of this event include an award presentation to Dr. Henry Kissinger, former US Secretary of State, and Mr. Chai Zemin, honorary chairman and general advisor of USCF as well as former US President Jimmy Carter and former US President George H.W. Bush. An Entrepreneurs Summit, a concert featuring top Chinese and American singers and a painting and calligraphy exhibition showcasing China's renowned artists are also on the itinerary. Among the presenters at this press conference was Marc-Olivier Hassoun, Vice President of Asian Market Sales for AQUAGOLD. With corporate offices in both China and the US, and York Tang, a Chinese national, as one of the founding members of the publicly traded corporation in the US, AQUAGOLD is an example of the relationships the USCF intends to foster. Mr. Hassoun thanked the people of these two great nations and expressed AQUAGOLD's support for ongoing and improved relations between them both politically and economically.

"We already have an incredibly strong presence in China and are looking forward to continued prosperous business relationships there," said Mr. Domingo Silvas III, CEO of Aquagold International. "For AQUAGOLD to sponsor something this significant is truly an honor," Mr. Silvas continues. "We are very excited to not only sponsor this event but to have the opportunity to provide our flagship product, our 500mL bottle of Premier Canadian Spring Water, to the many people who will be in attendance and participating. Our provision and support shows our commitment to business development in the Chinese market."

About AQUAGOLD INTERNATIONAL

AQUAGOLD INTERNATIONAL is pursuing its mission to provide premier Canadian spring water products to the world. Its vision is to distribute its products globally and to become a leading distributor of some of the most recognized brands in the market. The company's mission and vision have begun in China with its first bottled water product, AQUAGOLD Premier Canadian Spring Water.

The information in this press release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. Except for historical information contained herein, all such statements included in this press release are forward looking statements and are made by AQUAGOLD INTERNATIONAL, INC. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. All forward-looking statements are based upon information currently available. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it cannot give any assurances that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. Numerous factors could cause or contribute to such differences. 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, consumer spending, changes in the law or regulations, demand for products and services of the company, the competitive environment within the industry, the economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.


            

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