ShotPak, Inc. (NV) Announces Technology Deal Has Turned Out to Be a
Winner for the Company
IRVINE, Calif. (Business Wire EON/PRWEB ) May 12, 2008 --
ShotPak, Inc. (Pink Sheets:SHTP) today announces session results of a
Q&A discussion with Charles Murray, CEO of the Beverage Pouch Group of
Sarasota, Florida. BPG is a vertically integrated pouch company that
manufactures the machines used to make, fill and seal pouches, including
the patented StandUp pouch used for the re-launch of ShotPak
cocktails and STR8UP spirits.
Beverage Pouch Group Chairman/CEO, Charles Murray commented at a recent
question and answer session that he was surprised how the market has not
yet recognized the value of the 15% investment ShotPak, Inc. (NV) made
in BPG.
“First, ShotPak, Inc (NV) still has equity in
their brand through this investment including a royalty per case and
second, owning a part of the BPG brands covering vapor distilled and
nutraceutical waters, lifestyle casual fruit wines and the CarboPouch
for serving draft beer in sports stadiums, the future is an extremely
positive one. Owning stock in other types of lifestyle beverages that
are complementary to the ShotPak brand is also part of our philosophy of
providing ready-to-drink products.”
Expanding on the benefits of the 15% ownership in BPG, Mr. Murray
explained some additional forthcoming events that will bring even more
beverage products, which will soon be available in our pouches, into the
market place:
“Our ShotPaQ division will introduce another
four flavors this summer that consumers’ tests
have indicated high acceptance. They are Mojito rum, a Vodka and energy
drink called GRAVITY, a Cranberry flavored and a Pomegranate flavored
ready-to-drink cocktails.
BevPaQ water division is also launching a patented and earth friendly
spout pouch with a range of vapor distilled waters, including two
nutraceutical brands with day and night element replacement health
benefits.
VinoPaQ’s division is also testing a range of
niche market fruit wines for summer, including the top selling Mango
flavored wine.”
The final question asked of Mr. Murray dealt with what the next platform
for BPG and its lifestyle beverages will be. Mr. Murray replied, “As
the only company on the OTC market with beverage products ranging from
water and across the total liquor spectrum, while also including the
added advantage of owning patents and the machinery, the sky is really
the limit. We started in two states in January and are in eight now with
our exports growing. The recent investment into the UK market is also
paying off with outlets carrying the product fast reaching a phenomenal
900 mark. This program is really on the move now. Next week we will be
announcing first quarter results and we expect the picture to be very
positive.”
Information on ShotPak, Inc.:
ShotPak, Inc., an Irvine California based company, since 2003, is a
leading innovator of cocktails and straight spirits in Beverage Pouch
Group’s patented soft portable single serving
standup pouches. With over 50 years of combined experience and expertise
in alcohol distilling, distribution and field marketing, retail
placement and promotion as well as consumer trial and adoption, ShotPak,
Inc. and Beverage Pouch Group prove to be a forerunner in the single
serve Ready to Drink (RTD) alcohol category. With the successful launch
of four premium vodka flavored drinks and four premium distilled spirits
in January 2007, ShotPak has instantaneously captured national attention
in the rapidly emerging $110 billion plus alcohol beverage industry,
with distilled spirits showing an 8.1% increase. ShotPak, Inc. and
Beverage Pouch Group are recognized for being visionaries with their
award-winning spirits and revolutionary packaging which gives consumers
a cost effective way to purchase spirits without the bulky bottle. For
more information about ShotPak, Inc. please visit us at: www.shotpakinc.com.
Information on Beverage Pouch Group:
Beverage Pouch Group a Sarasota, Florida based company, since 1996, is
the leading provider of StandUp pouch machinery through its
parent Company PPi Technologies Global, in North America. BPG is
a prolific innovator of pouch designs and structures for life style
beverages, including Natural Flavor Waters, all types of cocktails and
straight spirits, wines and draft beers in patented soft portable single
serve and sustainable StandUp pouches. The Beverage Pouch Group is truly
global with plants in Germany, Korea and China. BPG’s
pouch machinery is the industry standard.
Beverage Pouch Group offers a full range of Lifestyle Beverages to the
consumer in sustainable StandUp pouches. The Beverage Pouch Group
machines and StandUp pouches are marketed through four divisions:
ShotPaQ for liquors; BevPaQ for natural flavor waters,
teas, coffees and energy drinks; VinoPaQ for wines; and BeerPaQ
for draft beers
BevShot is BPG’s contract packing
division. A customer brings their proprietary recipe and BPG’s
BevShot division then utilizes their machinery and process’
to fill that product into patented pouches. This arrangement saves a
small company precious capital at times when resources are needed to
grow their business by allowing them to meet the financial requirements
to begin production without the cost of purchasing their own equipment.
Safe Harbor: Except for the historical information contained
herein, the matters set forth in this press release, including the
description of the Company and its product offerings, are
forward-looking statements within the meaning of the "safe harbor"
provision of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and uncertainties that
may cause actual results to differ materially, including the historical
volatility and low trading volume of our stock, the risk and
uncertainties inherent in the early stages of growth companies, the
Company's need to raise substantial additional capital to proceed with
its business, risks associated with competitors, and other risks. These
forward-looking statements speak only as of the date hereof. The Company
disclaims any intent or obligation to update these forward-looking
statements.
MULTIMEDIA GALLERY http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5682102
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