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All Press Releases for May 30, 2002 Subscribe to this News Feed    
 

Queénch Bottled Water Company Purchases Controlling Interests Of Pan American Motorsports Inc.

Queénch Bottled Water Company Purchases Controlling Interests Of Pan American Motorsports Inc.

New York City--(Business Wire) -- Queénch, Inc. announced today that Queénch Bottled Water Company purchased controlling interest in the Pan America Motorsports Inc.(PONY).

Pan American Motorsports Inc., owned the famous America IndyCar Series (AIS), an independent auto racing sanctioning organization, presenting the International IndyCar Championship. Bret Decker, president of Pan American Motorsports, Inc. says the merger will breathe new life into Pan American Motorsports Inc.." The trends in auto racing have transformed and evolving entertainment trends warrant a new direction for this company. Merging the two companies has great promise. We look forward to the new developments ahead", said Decker.

Queénch is a natural bottled water company distributed throughout North America. Lyndell Parris, the president and CEO of Queénch Bottled Water Company also believes the merger will benefit both companies. Our Queénch Sales and Marketing teams have generated a robust pipeline. Queénch will continue to leverage their S&D strategy to boost Pan American Motorsports Inc.." Lyndell further asserts, she will continue to build strategic alliances, develop deals and create new opportunities that will take this new company to the next level. Ms. Parris, has a proven track record of reviving companies through strong strategic management and execution. She has a passion for healthy living, and is committed to bringing Queénch to every race car enthusiast. Together, the two companies will chart a new path and refocus on the beverage industry.

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Stacie Rowell
Poshmedia Inc.
212-802-7353
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