Aqua Vie Beverages (fka AVBC)

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Aqua Vie Issues Statement Concerning 8/29/01 News Release


KETCHUM, Idaho, Aug. 31 /PRNewswire/ -- Aqua Vie Beverage Corporation (OTC Bulletin Board: AVBC) today issued a statement concerning its news release dated Wednesday, August 29, 2001, headlined as follows:

"HYDRATORS HEAD FOR THE FAST TRACK WITH NATIONAL AVAILABILITY

IN 7-ELEVEN STORES: Aqua Vie and America's premier C-store

chain will team up to sponsor NASCAR racing team."

The above-entitled release was issued in error, and without prior approval by 7-Eleven, Inc. Discussions between the two companies concerning arrangements referred to in the release are ongoing.

Aqua Vie Beverage Corporation develops and markets all-natural, lightly flavored, still (non-carbonated) bottled spring water. The company's low-calorie alternative beverages are bacteria-free and contain no preservatives. Aqua Vie produces and markets the Hydrator(TM) line of beverages in the United States and Europe. This beverage line, comprised of seven low-calorie, all-natural beverages that are lightly flavored and packaged in half-liter bottles, is designed to increase one's personal consumption of water, naturally. The underlying technology also serves as the delivery system for Aqua Vie's new line of children's Hydrators(TM), PurePlay(TM), and Eau Vin(TM), Aqua Vie's line of nonalcoholic wine and champagnes made from spring water. For further information about Aqua Vie Beverage Corporation, visit the company's web site at www.aquavie.com

NOTE: Statements contained in this news release that are not strictly historical are forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. The company makes these statements based on information available to it as of the date of this news release and it assumes no responsibility to update or revise such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties that may cause the company's actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, demand for the company's product both domestically and abroad, the company's ability to continue to develop its market, general economic conditions, and other factors that may be more fully described in the company's literature and any periodic filings with the Securities and Exchange Commission.

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SOURCE Aqua Vie Beverage Corporation

CO: Aqua Vie Beverage Corporation; 7-Eleven, Inc.

ST: Idaho

IN: FOD REA OTC

SU:

08/31/2001 17:30 EDT http://www.prnewswire.com