Forum Archive Index - June 2000

["Geoff Ewert" <gewert@wai.quik.co.nz>]

----- Original Message -----
From: "Gary Ackles" <can_do@mindlink.bc.ca>
To: <aquatic@aquaticcellulose.com>
Sent: Saturday, June 24, 2000 5:24 AM
Subject: AQCI AND NORTH CAL WOOD PRODUCTS ANNOUNCES ALLIANCE FOR


> DISTRIBUTING BRAZILIAN ECO-FRIENDLY HARDWOODS TO GLOBAL MARKETS
> Sender: owner-aquatic@aquaticcellulose.com
> Precedence: bulk
>
>
> VERNON, BRITISH COLUMBIA, CANADA  June 23, 2000 (BUSINESS WIRE) --
> Aquatic Cellulose International Corp. (OTCBB: AQCI)--Upon recent
expiration
> of a confidentiality agreement, AQCI today announced it is teaming with
> North Cal Wood Products, Inc. of Ukiah, CA to distribute AQCI's
eco-friendly
> hardwoods to US and European markets.
>
> In making his long anticipated announcement, Gary Ackles, CEO of AQCI,
> stated, "We have been coordinating with North Cal since March to develop
an
> effective strategy for penetrating key US and European markets. Our
> confidentiality agreement was initiated to provide North Cal sufficient
lead
> time for transition to our eco-friendly products and to minimize any
> disruptive effects this transition might have on their existing business.
>
> During this period, we worked closely with North Cal's management to
develop
> an initial species offering for AMAZON LINE, train sales and marketing
> staff, produce product literature for catalogues and multimedia
> presentations and, finally, to begin establishing our network for sales
and
> distribution. I am extremely pleased with the progress we have made thus
> far."
>
> In discussing the potential for penetrating global markets utilizing the
> resources of North Cal, Mr. Ackles stated, "North Cal's customer base
> includes the largest nation wide home centers as well as an extensive
> network of regional lumber distributors. I am confident that our combined
> efforts will prove successful in establishing global market presence for
> AQCI. As evidence, I was recently informed by North Cal's management to
> expect significantly increased orders during the current quarter as a
result
> of intensified efforts by their sales staff.  I am very impressed with the
> results I have seen thus far from our newest alliance.  I look forward to
> expanding our relationship with North Cal and expect they will serve a
> pivotal role in establishing new markets for our eco-friendly products."
>
> About the Company
>
> Aquatic Cellulose International Corp. (AQCI) is a growth stage, technology
> based company retrieving aquatic timber. Gary Ackles, President and CEO of
> AQCI, has patented a unique robotic harvesting technology and has granted
> exclusive rights to AQCI for its use in this environmentally friendly
> industry.
>
> With this technology, AQCI is pioneering the worlds first robotic
underwater
> timber harvester called the ATH (Aquatic Timber Harvester).The ATH is an
> automated harvesting system performing tasks once only performed by
divers.
> By eliminating divers, the ATH dramatically increases production capacity
to
> allow profitable large
> scale operations. This technological breakthrough is effectively
> transforming aquatic timber harvesting into a multi-billion dollar global
> industry.
>
> In November, 1999, Aquatic Cellulose began its first large scale operation
> at the Tucurui reservoir in the Amazon region of Northern Brazil. Valued
> over $US 600,000,000, this multi-phase project is scheduled for completion
> in 2019. The company also recently
> announced future projects in the Amazon river, a project worth untold
> billions, as well as in New Zealand.
>
> From its Brazilian operation, Aquatic Cellulose has introduced a new
product
> line of water cured, tropical hardwoods called AMAZON LINE. Carefully
> selected based upon colour, grain, texture, luster and density, AMAZON
LINE
> offers uncompromising beauty and "old growth" quality with environmental
> peace of mind. The company has secured the Internet domain name
> www.amazonline.com  and is in the process of building this website for
> e-commerce.
>
> Counting over 38,000 dams worldwide, not to mention endless lakes, rivers
> and tributaries, there are unlimited global opportunities for future AQCI
> operations. To learn more about this fascinating company, please visit our
> company website: www.aquaticcellulose.com and join our growing e-mail
list.
>
> This press release contains statements that constitute forward statements,
> as defined in the Private Securities Litigation Reform Act of 1995.
Forward
> looking statements inherently involve risks and uncertainties that could
> cause actual results to differ materially from the forward looking
> statements. Factors that may cause or contribute to such differences
> include, among other things, the Company's
> dependence on one customer, seasonality of the Company's retrieval
business
> and risk of future losses from operations. Other risks and
> uncertainties include changes in business conditions and the economy in
> general, changes in governmental regulations, unforseen
> litigation and other risk factors identified. The Company undertakes no
> obligation to update these forward-looking statements for
> revisions or changes after the date of this press release.
>
>     The NASD OTC has neither approved nor disapproved of the information
> contained herein.
>
> CONTACT:
> Aquatic Cellulose International Corp.
> Mr. Gary Ackles, 250/558-5410
> Website: www.aquaticcellulose.com
>
>


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