XStream Beverage Group, Inc. Reports June Sales
Thursday , July 15, 2004 10:51 ET
FORT LAUDERDALE, Fla., Jul 15, 2004 /PRNewswire-FirstCall via COMTEX/ -- XStream Beverage Group, Inc. (OTC Bulletin Board: XSBG), a rapidly growing player in the national beverage industry, today reported sales for June 2004 increased by 87 percent to $495,874 from $265,778 in June 2003. Sales from January 1, 2004 through June 30, 2004 increased by nearly 250 percent to $1,920,869 from $551,564 in the comparable period of 2003.
Sales Results for June 2004
June 1 -- June 30, January 1 -- June 30,
2003 2004 2003 2004
Total $265,778 $495,874 $551,564 $1,920,859
Percentage Increase 87% 248%
About XStream Beverage Group, Inc.
XStream Beverage Group, Inc., http://www.xbev.com is a beverage brand owner and distributor and is rapidly becoming a key player in the new age beverage category. The company plans to continue acquiring small- to medium- sized beverage distributors, developing brands under its own label or through acquisition and leveraging those brands through its current and future distribution channels. The company is a fully reporting, public entity trading on the OTC Bulletin Board, ticker symbol XSBG.OB.
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the success of competitive products, fluctuations in costs, changes in consumer preferences and other items described in the Company's Securities and Exchange Commission filings. The Company undertakes no obligation to update any statements in this press release.
For further information, contact:
Peter Nasca
Peter Nasca Associates, Inc.
Chicago: 312-421-0723
Miami: 305-937-1711
pnasca@pnapr.com
For Investor Relations
Bob Giordano
212-495-0200 extension 10
SOURCE XStream Beverage Group, Inc.
CONTACT: Peter Nasca, Peter Nasca Associates, Inc., Chicago,
+1-312-421-0723, or Miami, +1-305-937-1711, or pnasca@pnapr.com, for XStream
Beverage Group, Inc., or Investor Relations, Bob Giordano,
+1-212-495-0200, ext. 10, for XStream Beverage Group, Inc.
URL: http://www.xbev.com
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