Charlestowne Premium Beverages Inc. (FPWM)

[PoorOldBob]

As far OT as its possible to get:

Every thing is quiet this evening and I was introduced to this stock by chet-the-jet. We both are intrigued with the concept of sandblasting with ice crystals. We can see so many applications
where the mess and residue would be kept to a minimum. Beyond
our gut feeling neither of us has any concrete facts to back up a
justification for my thinking of making an investment in UIBI. If anyone has any comments about UIBI pro or con I would appreciate hearing them. This is not spam as I am not recomending the purchase of UIBI but merely on a fact finding
mission. Go to the website and look at the photos.

POB

I think I understand the technology behind this product. Looks like an interesting company.



Cheers, <(ê¿ê)> Chet



The only way to live happily with people is to overlook their faults and admire their virtues.



-----Original Message-----
From: TradersUnite [mailto:[e-mail]]
Sent: Monday, September 09, 2002 10:19 AM
To: [e-mail]
Subject: Ford And Universal Ice Blast (OTCBB: UIBI) Strengthen Ties




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Welcome to the Stockupticks.com Newsletter!
Issue # 73 - September 9, 2002











*** UNIVERSAL ICE BLAST, INC. (OTCBB: UIBI) ***



Editors Note:

While much of the manufacturing sector was hard-hit by the downturn in the economy during the last few months, Universal Ice Blast stayed with its business plan and delivered a unit to Ford. The Ice Blast machine is working so well that UIBI has recently offered Ford quotes for additional units. At Stockupticks, we like that kind of resolve.

Universal Ice Blast, Inc. manufactures chemical-free, ice blast machines. UIBI's patented "Displace, Scrub and Flush" technology is reliable, environmentally friendly and cost effective. The process is applicable to Asbestos and Lead Based Paint Removal, Precision Cleaning and Nuclear Decontamination, with no dust and very little waste.

Universal Ice Blast is in a late development stage and quickly moving towards becoming a full-scale production and services company.

As manufacturing begins to restock inventory levels and the economy stabilizes, we think you'll find the Universal Ice Blast story interesting ... and perhaps the best introduction to the company is a recent letter to shareholders from the company CEO. See what you think ...



*** BREAKING NEWS ***



Press Release Source: Universal Ice Blast, Inc.
Monday September 9, 9:02 am ET

Ford Motor Company Requests Quote for Two Additional Gear Cleaning Systems From Universal Ice Blast Request Follows Successful Installation at Ford's Sharonville, Ohio Plant

KIRKLAND, Wash., Sept. 9 /PRNewswire-FirstCall/ -- Universal Ice Blast, Inc. (OTC Bulletin Board: UIBI - News) announced today that they have submitted a proposal to supply two more Automatic Ice Blast Gear Cleaning Systems to Ford Motor Company. Rory Clarke, Chairman & CEO of UIBI, noted that, "Funded by Ford Motor Company's Factory of the Future, our equipment has been delivered and is now operating at Ford's Sharonville, Ohio plant, a first in automotive history."

To read the complete release, Click Here



*** NEWS EXCERPT FROM UIBI ON SEPTEMBER 5, 2002 ***



Press Release
Source: Universal Ice Blast, Inc.
Thursday September 5, 9:00 am ET

Universal Ice Blast Shares Recommended by Howlett Research At www.howlett-research.com

KIRKLAND, Wash., Sept. 5 /PRNewswire-FirstCall/ -- Universal Ice Blast, Inc. (OTC Bulletin Board: UIBI - News) announced today that its shares have been recommended in an analyst report just released by Howlett Research Corp., a prominent research boutique led by Jeff Howlett. The report on Universal Ice Blast, Inc. can be found at www.howlett-research.com

To read the complete release, Click Here



*** A Recent Letter To ICE BLAST Shareholders From CEO Rory Clarke ***



Dear Valued Shareholder:

Universal Ice Blast has numerous exciting recent events to report.

Our second quarter of ’02 was our best quarter ever. Revenue exceeded the entire prior year. While the company has yet to achieve profitability, the high expense ratio reflects our transition from a research and development company to a marketing company and many one-time only expenses relate to this.

Our ice blast equipment is the first and only equipment of its kind.

Funded by Ford Motor Company’s Factory of the Future, our equipment has been delivered and is now operating at Ford’s Sharonville, Ohio plant, a first in automotive history. We are especially pleased because, since the initial installation, Ford has requested proposals (RFQ) for two additional machines which, if ordered, will represent over $1 million in sales.

Equally exciting is the fact that your company has received 6 Sigma approval and accreditation. 6 Sigma is a rigorous application of proven quality management tools developed under Jack Welch at General Electric and is widely accepted, including in Japan and Europe.

We are also moving forward in the $600 billion nuclear industry. In the current quarter we will ship an ice blast machine to Ontario Power Generation in Canada. Our equipment is also installed and operational at Bruce Power (a subsidiary of British Energy) in Ontario, Canada.

On the patent front, we have filed for four additional patents in addition to the three patents already issued. We expect to receive a European patent by year end and have recently filed a patent to cover new applications in the automotive industry.

As part of our transition, we have assembled a team of experienced professionals to handle public relations and product promotion Howlett Research Corporation recently issued a research report on UIBI which is available at www.iceblast.net

In order to keep you informed on your company’s progress, we want to send you copies of our press releases. Please fill out the attached form if you wish to receive this information.

In summary, your company is moving ahead aggressively and I will keep you informed on a regular basis.

Cordially,
Rory Clarke
Chairman & CEO



*** ICE BLAST APPLICATIONS ***



Ice Blast is chemical-free, environmentally friendly, has low airborne particulates, is non-abrasive, has superior cleanliness and has a low operating cost with unmatched reliability.



What Is Ice Blasting ?



Ice Blasting uses compressed air and ice crystals mixed with tap water. The system cleaning begins with ice crystals impacting the surface being cleaned, then deforming to scrub on impact and then melting into water. Each ice particle becomes a self-destructing scrubbing brush that flushes away contaminants, using significantly less water than old fashioned water blasting. Ice Blasting uses no abrasives, chemicals or detergents in the process.

Ice Blast reduces secondary waste by 95 percent. Within 70 seconds from pushing the start button, the Ice Blast machine is ready to work. Crystalline ice particles are produced by the machine at a rate of 200 lbs. per hour and Ice Blast uses only 20 U.S. gallons of ordinary tap water per hour with a typical residual liquid of 2-10 gallons per hour.



Where Can It Be Used ?

Aircraft: Ice Blast can remove paint from an airplane for aircraft refinishing companies.

Marine: Ice Blast can remove anti-fouling paint from the bottom of boat.

Ice Blast removes barnacles from water pumps.

Ice Blast removes tar from asphalt spreading trucks.

Ice Blast removes chemical residue from hose couplings.

Ice Blast removes petroleum by-products from valve bodies.

Building Restoration: On one job, Ice Blast completely removed the lead based paint from the University of Washington's Parrington Hall without damaging a single brick. Ice Blast does not generate dust which is very important for toxic jobs.



*** A PRESTIGIOUS AWARD FOR INNOVATION ***



UIBI took on a pilot project to clean two New York State bridges to demonstrate the effectiveness of ice blasting. The motivation for undertaking the pilot project? Simple, there are approximately 2500 bridges in New York state managed by the New York state Department of Transportation.

Not only was the project a great success, the UIBI ice blast technology was nominated by the Department of Transportation for the 2000 Civil Engineering Research Foundation Award for Innovation.



*** LET THE PICTURES DO THE TALKING - BEFORE & AFTER ***




Gear Cleaning - Before and After


Insulator Cleaning - Before and After



Transmission Cleaning - Before and After






*** MARKETS FOR UNIVERSAL ICE BLAST PRODUCTS ***



UIBI has positioned their technology in five markets:

Precision cleaning (automated production cleaning / de-burring)
Industrial cleaning (fixed systems parts cleaning, petrol chemical and pulp / paper)
Nuclear Decontamination
Craft & Vessel maintenance
Environmental cleaning (lead paint, asbestos abatement off of steel buildings and bridges)
As new environmental standards are being established, traditional forms of cleaning will be abandoned and replaced by safer, healthier technologies.






*** ABOUT UNIVERSAL ICE BLAST & FORD MOTOR COMPANY ***



During 2001 the Company designed, assembled, and installed a precision gear cleaning ice blast system under the terms of a purchase order from Ford Motor Company. All the costs of engineering consulting and prototype development related to the Ford project are being expensed as research and development costs.

The purchase order is for a price of approximately $341,000 with commitments for an additional three similar systems. In June 2002, Ford notified the Company that Ford has accepted the system and that orders for more systems will be forthcoming. Management believes the delivery of these systems could occur in 2002 or 2003. During the six months ended June 30, 2002, Ford paid all amounts due to the Company under the terms of the initial purchase order.

As a result of Ford's acceptance of the gear cleaning system, the Company recognized approximately $341,000 in revenue during the quarter ended June 30, 2002. Costs associated with the system, also recognized during the three months ended June 30, 2002, were approximately $344,000 resulting in a loss of approximately $3,000.

Because of the initial design costs associated with this project, the foregoing results were in line with management's expectations. However, management expects that future systems will provide the Company with margins that will secure the profitability of the Company in the long term.



*** ICE BLAST MACHINES ***



SX-110: Designed for stationary use, in such applications as in-line deburring and cleaning in a
manufacturing setting.

MX-90: The MX-90 is designed for general ice blast cleaning applications where transportability is
required.

NSX-110: Is a new product under development air cooled with flow meter and other specific nuclear
requirements

To read more about the products and their applications in a pdf format from Gear Magazine, May-June, 2002, Click Here



*** UNIVERSAL ICE BLAST - EUROPE ***



During the six month period ended June 30, 2002, the Company reached an agreement in principle to acquire certain assets of its Dutch distributor. The Company is in the process of forming a Dutch subsidiary in order to consummate the transaction. Terms are still being negotiated and no definitive agreements have been signed. The Company expects to finalize the formation of its Dutch subsidiary and the acquisition of these assets during the second half of fiscal 2002.









*** TO LEARN MORE ABOUT UNIVERSAL ICE BLAST, CONTACT ***



At the Blaine Group, Inc.
Devon Blaine, [e-mail]
or Richard M. Goldman, [e-mail]

At Universal Ice Blast, Inc.
Kelly Fuller, [e-mail]
1-888-522-UIBI
533 Sixth Street South
Kirkland, WA 98033


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