NBVB Nationwide Beverage Bottling Corp (CE)

Nationwide Beverage Bottling Corp. (Pink Sheets: NBVB) is pleased to provide a corporate update of the activities that have taken place during the past six months. Steve Rice, president and CEO, stated: "The company has made tremendous strides forward and we are very excited about the future." Major accomplishments during the past six months are: -- All equipment in the 158,000-square-foot facility is owned outright by the company. The replacement cost of the equipment is $10 million-$12 million. -- There are now five operating lines with a capacity to fill 1,000 bottles (1/2 liter-16.9 oz.) a minute. -- The company has signed long-term contracts for co-packing of bottled water with major companies. -- The company has been NSF Certified, the world leader in standards. -- The company has been approved as a supplier by Daymon Worldwide, a major International company specializing in the manufacturing and sales of private label products. They work with some of the leading retail, wholesale and service companies in the United States. -- Wild Mist, a fortified mineral spring water, is being sold in 700 Albertson's supermarkets. -- V-Fuzion, the company's vitamin-enhanced flavored water, is being test marketed. -- The company estimates revenues for 2006 to be $30 million-$35 million and expects to be profitable. -- Currently the company has 76.1 million shares outstanding of which insiders own approximately 75%. -- The company expects to file financials in the near future. About Nationwide Beverage Bottling Corp. Through its wholly owned subsidiary, Nationwide Beverage Bottling Inc., the company operates a bottling facility in Corona, Calif. Currently, the plant has a capacity of approximately 1,000 bottles (up to 1/2 liter size) per minute of any still water-based, cold filled product. The company presently generates most of its revenues from private label and co-pack contracts. It also produces and markets its own beverage line, Agua Sabores(TM), a beverage based upon a traditional Hispanic beverage -- a fructose-sweetened and fruit-flavored water product. In addition, the company produces, markets and distributes the complete line of KoKomo(TM) Mountain Spring Water flavored beverages. For more information about Nationwide Beverage Bottling Corp. and its products, please visit our Web site www.nbbottling.com. A number of statements referenced in this release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in these actions may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such statements reflect the current views of Nationwide Beverage Bottling Corp. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's public disclosure documents. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the "forward-looking" statements contained in this news release.