USA: Iceberg Industries & SBI Sign Marketing Agreement; Dawn of a New Ice Age

Most popular

Campari faces familiar troubles - analysis

Why 'disaster' is no hyperbole for French wine

How A-B InBev's Brito changed the drinks industry

COVID prompts spirits RTD tsunami - comment

Will 2020 see Campari Group back on the M&A hunt?

SBI Communications, Inc. (OTC Bulletin Board: SBID - news), a vertical Internet media, marketing and entertainment company, announced the signing of an exclusive marketing agreement with Iceberg Industries Corporation to market its Iceberg water products for protected territories within the United States.

In the making for 100,000 years, Iceberg water is the purest natural source of water on earth and is produced exclusively from harvested Canadian Icebergs. Prehistoric, pollution-free ice from the Polar Icecap.

The water industry in the US is currently a 5 billion dollar market per year. Reflecting a per capita consumption rate of 12.4 gallons. In a recent report published by The Coca Cola Company it is anticipated that the water market by year 2010 will grow to over 70 billion dollars.

The first year of sales will exceed 300,000 cases minimum with an expected growth rate of over 100% during second year.

"We intend to capitalize on sales of Iceberg water through existing advertising arrangements under which we receive revenues based on the amount of product sold," said Ron Foster, chief executive officer of SBI Communications, Inc. "We will also leverage this explosive product into new relationships with potential sponsorship agreements."

Safe Harbor Statement

This announcement contains 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. Actual results could differ materially from those projected in the forward-looking statements as a result of various factors including the ability of the company to successfully commercialize its new technologies as well as risk factors set forth under "Factors Affecting Future Operating Results" in the company's annual report on Form 10-K and such other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Related Content

"A CBD launch in Europe? Nothing is off the cards" - just-drinks speaks to Ocean Spray Europe MD Car...

The biggest interviews of the year - just-drinks' review of 2019 - FREE TO ACCESS

The biggest interviews of the year - just-drinks' review of 2019 - FREE TO ACCESS...

The Coca-Cola Co's hard seltzer launch is a statement of intent - comment

The Coca-Cola Co's hard seltzer launch is a statement of intent - comment...

"Who knew we'd launch in the middle of a pandemic?" - just-drinks speaks to Jade Padua, co-founder o...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..

Forgot your password?