Boreal Water Receives an Order From the Largest Re
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Global Bottled Water Market Reached Over $157 Billion in 2013
KIAMESHA LAKE, NY--(Marketwired - Apr 1, 2015) - Boreal Water Collection, Inc. (OTC PINK: BRWC) is extremely excited to announce that the largest food and beverage retailer in China, VANGUARD Corp., has just placed an order for Boreal's Baby Water. They will place Boreal's Baby water into 300 Vanguard supermarket stores across China. If Vanguard sales projections are met, the order sizes are expected to be very large and to be the biggest order so far that Boreal received from China. This will bring an impressive increase to Boreal already improving revenue numbers.
In a press release dated of March 31th, 2015, Boreal Water Collection, Inc. stated that revenues for the year ending December 31, 2014 were of $2,411,739 as compared to $2,151,513 for last yearend results, an increase of $260,226, or 12%. With the new Vanguard account, the 2014 numbers are estimated to double just with the business Boreal will do in China.
Boreal Water Collection, Inc. is actively involved in finalizing other Asian deal. That information will be updated to the public as soon as they are completed. The company also plans to release information on its expansion overseas in the very near future.
"This is an extremely exciting time and amazing step for our company. We are happy to start shipping the product to Vanguard in Shenzhen next month. We are happy that they will promote our brand of Boreal Baby water. This will also helped the company gain interest from other larger distributors. These new sales will greatly add and play a significant role in our 2015 forecast of revenues," commented Francine Lavoie, CEO of Boreal Water Collection Inc.
According to a new report by Transparency Market Research, China is the most active market worldwide for bottled water. Asia Pacific dominated the global bottled water market and accounted for 33% of the global demand valued at approximately $157.27 Billion in 2013. In the coming six years, Asia Pacific is expected to remain the most promising market, with an estimated compound annual growth rate of 10.5% in terms of revenue from 2014 to 2020. The market is expected to reach $279.65 billion by 2020.
Lastly, Boreal Water Collection, Inc. noted in its recent 8-K an increase in the Authorized Shares. The company has been taking the necessary steps to prepare for possible mergers and acquisitions. As stated above, the company is actively involved and considering many options to maximize growth, revenue, and shareholder value. The company appreciates those who have been supportive and is now is a great position to continually increase shareholder value.
About CR Vanguard Corp.
CR Vanguard is a subsidiary group enterprise controlled by CR Group, a central state-owned group enterprise, one of the Top 500 and the largest retail chain enterprise group. The Group owns various well-known brands including Vanguard, Suguo, Fun2, Chinese Arts & Crafts, CRare, Ole, blt, VnGO, Voila!, VIVO, Pacific Coffee, etc. Besides, its supermarket business has been ranked as the first in the chain supermarket sector in China for years.
Based on the business strategy of "becoming an industrial leader by relying on large-scale malls, bonding with central-area-based diversified business, and balancing commercial operation and the control over resource," CR is committed to improving the quality of people's life and fostering a modern healthy lifestyle. The Group has been seeking to provide products and services of high quality to meet customer needs. So far, CR Vanguard has reached over 100 center cities in 27 provincial regions in China. In 2012, the Group accomplished the sales volume of HK$ 83.5 billion through 4425 stores with over 200,000 employees.
Websites are: http://en.crc.com.cn/Main_services/SBU/Consumer_Goods/ and http://www.crv.com.cn
About Boreal Water Collection, Inc.
Boreal Water Collection is a personalized bottler of a full and diverse line of various types of water including:
Functional Enhanced Water
Carbonated Water
Flavored Still or Sparkling
Oxygenated Water
Distilled Water
Caffeinated Water
Infused Water
Vitamins Enhanced Water
Minerals Enhanced Water
Electrolyte Water
Alkaline Water
Natural Spring Water
Boreal provides premium custom bottled water for its clients and customers, whether it is for publicity, promotion, marketing, internal use or a specific event. Boreal also offers fully integrated turnkey service, with prize-winning Boreal private label water, made-to-order labeling, along with distinctive water containers. Current and past customers include Wa-taah Water, Fred Water, Dean & DeLuca, the Quin Hotel, WestHouse New York, the Surrey New York City, Bouchon Bakery, Princeton University, Ritz Carlton, Tommy Hilfiger, Saks Fifth Ave, Infiniti, Guess, LaCosta, Porsche, Re/Max, BMW, Balance Water and Prêt a Manger. Unlike its competitors, Boreal has exclusive access to two pristine and abundant springs, one an award-winning source deep in the untouched wilds of Canada, and the other in the prestigious Catskill Mountains region in New York State. With exclusive unlimited exploitation rights, Boreal has a confirmed volume in excess of thousands of millions of gallons.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
For more information on Boreal Water Collection, please contact us by email at investors@borealwater.com, sales@borealwater.com, or follow us at www.borealwater.com and on the different social media sites such as www.facebook.com/privatelabelbottledwater and www.linkedin.com/in/borealwater
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