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Press Release
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Isbre Signs Shipping Contract with Jo Tankers |
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Montvale, N.J. (June 27, 2007). Isbre Holding Corp. announced today that it has entered into a contract with Jo Tankers, for bulk transportation of Isbre Norwegian glacier spring water. Isbre’s water will be extracted directly from its spring source in Osa, Norway. It will be loaded in bulk into cargo tanks on Jo Tankers vessels, and transported to special water storage tanks at Isbre’s first bottling plant in Bristol, Pennsylvania. Distribution arrangements covering Canada, Eastern Pennsylvania, Delaware, the District of Columbia, Maryland, Massachusetts, and New Jersey have already been determined.
Jo Tankers is one of the world’s leading providers of deep-sea transportation services for a wide range of high value bulk liquids. The company currently manages a fleet of 28 sophisticated parcel tankers, operating globally. Jo Tankers has its Head Office in Bergen, Norway, and maintains branch offices in Rotterdam, Houston, Manila, Singapore and Dundee.
Isbre Holding Corp. is a producer, distributor and marketer of bottled water and bulk water. Isbre’s water source is a spring located in the glacier region at the end of the Hardanger Fjord on the west coast of Norway. Isbre holds the trademark right to put the logo “The World’s Best Drinking Water”® on its labels. The company currently bottles its water at its source in Norway and ships it by container to the U.S. and by truckload to Europe. Isbre is establishing its first U.S. bottling facility in Bristol, Pennsylvania. Isbre intends to develop several additional bottling facilities in the U.S. The company continues to seek global opportunities for sales of its bulk and bottled water products.
The Isbre contact person in the U.S. regarding this press release is Stevan A. Sandberg, President, who can be reached at 201.802.0005 or sandberg@isbre.com. The Isbre contact person in Norway is Karl Sandoy, who can be reached at 47 97 05 73 56 or sandoy@isbre.com.
The Jo Tankers contact person is Johan Odvar Odfjell, who can be reached at +47 55 99 87 05 or Johan.Odvar.Odfjell@jotankers.com.
Cautionary Statement under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995: Statements made in this face sheet contain information about the Company's future business prospects. These statements may be considered "forward looking" and are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by such forward looking statements. |
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