Celsius Holdings Inc (CELH)

[w0od]

nice got it in the middle east but not in my city..lol

Celsius Books 800,000-Can International Order

Celsius Sells Shares in $500,000 Private Placement
Celsius Holdings, Inc. (OTCBB: CSUH) announced today that it has received an order for 800,000 cans to be shipped in April, 2008 from its master distributor Joseph and Gionis, LLC ("J&G") for the Middle East. The product is being shipped to a sub-distributor in Lebanon. J&G also entered into an amended distribution agreement with the company increasing the minimum purchase quantity to an equivalent of $7.5 million over a 5-year period to maintain territorial exclusivity.

J&G also invested $500,000 into the company and received a total of 10 million shares of the Company's common stock and a warrant to purchase an additional seven million shares of the Company's common stock at an exercise price of 13 cents per share.

"We are very excited about introducing Celsius to the Middle East through our upcoming launch in Lebanon. We believe that Celsius is not only a good alternative to regular soda, but that it will also assist with the management of obesity and diabetes -- and that offers a revolutionary step in the promotion of health," said Dr. Thomas A. Gionis, President and Chief Executive Officer of J&G.

"J&G has the type of knowledge and expertise which will provide us with a giant leap internationally," said Steve Haley, CEO of Celsius Holdings, Inc. "J&G's sub-distributors have the know-how and type of supply chain necessary to make this product a success."