BEVsystems Announces Professional Athletes Endorsement Program

BEVsystems Announces Professional Athletes Endorsement Program

MIAMI, FL (PRWEB) August 27, 2003 -- BEVsystems International, Inc. (OTCBB:BEVI) announced today that it is in the final stages of launching distribution of Life 02 in five major cities with the endorsement and support of local professional athletes.

G. Robert Tatum, BEVsystems' Chief Executive Officer, commented today: "Many athletes drink Life 02 as part of their training program. These athletes want to be part of the BEVsystems' family and have agreed to invest their time and personal endorsement in promoting Life 02 SuperOxygenated water."

As consideration for providing their endorsement, the athletes will receive equity in BEVsystems. Their investment will be administered through a fund managed by a private wealth management-investment banking firm. The details on the fund and its managers will be announced shortly.

The marketing program in these five major cites will include billboards, radio, rapid transit signage on buses, subway stations, and bus stop kiosks. The advertisements with the athletes will be part of a promotional campaign with celebrity visits to major distribution chains.

Life 02 will be produced with a private label for each of its professional athletes. The unique, Life 02 see-thru label on every bottle will each feature one of its athletes and their statistics with the bottle produced in the team colors. These limited edition bottles may potentially become collector's items.

BEVsystems expects to soon be releasing the identity of the professional athletes and their endorsements of Life 02. The announcement will be made on a city-by-city basis.

In another matter, an "e" was affixed to BEVsystems' symbol by the Over-The-Counter Bulletin Board, which indicates that BEVsystems is delinquent in filing its Form 10-KSB - Annual Report for the fiscal year ending March 30, 2003. BEVsystems filed the Notification for Late Filing with the Securities and Exchange Commission on July 1, 2003. In the event that BEVsystems fails to file its Form 10-KSB - Annual Report, it will be delisted from the Over-The-Counter Bulletin Board.

Although BEVsystems cannot guarantee, it expects to soon file its Form 10-KSB - Annual Report so that it will be able to maintain its listing on the Over-The-Counter Bulletin Board. BEVsystems also intends to file the Form 10-QSB for the quarter ended June 30, 2003 soon thereafter. These two filings will reflect changes in the Balance Sheet that are a result of the previously announced re-structuring of BEVsystems.

About BEVsystems International, Inc.

Miami-based BEVsystems International, Inc. (OTCBB:BEVI) is a provider of premium performance water. With sales in 22 countries, the success of its flagship Life 02 SuperOxygenated Water brand, infused with up to 1,500 percent more oxygen via patented process and technology innovations, underscores BEVsystems' commitment to research and technology to deliver superior quality beverage products. A recently published peer review study in The European Journal of Medical Research details the medical benefits of oxygen-enriched water. Visit http://www.bevsystems.com.

"Safe Harbor Statement" Under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements that involve risks and uncertainties. The statements in this Release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.