LAS VEGAS--(BUSINESS WIRE)--Prime Star Group, Inc. (OTCBB: PSGI), formerly AMWS, is very pleased to announce the signing of a master distribution agreement between Prime Star Group, Inc. (PSGI) and a vibrant new beverage producer, NTC, Ltd. The agreement allows Prime Star Group to market and distribute NTC, Ltd.’s new line of HEMP-C ICED TEA™.
“HEMP-C ICED TEA™ is an outrageously delicious beverage, with a combination of the all familiar flavors of tea with the added nutty taste and nutritional value of hemp,” says Roger Mohlman, Prime Star’s CEO. “Hemp is eco-friendly, a major source of fiber and is becoming one of the fastest growing categories in nutritional and beneficial products.”
The artwork for the design of the can was a collaboration of Liquid Timing and Cole Brenner and NTC, Ltd. "We wanted to design a can that would stand out on the shelves and attract the attention of not only health conscious hemp enthusiasts but those that are tea drinkers. All our cans were designed in mind to support our commitment to 'Partnership for a Drug Free America' and promote the beneficial attributes of eco-friendly hemp,” said Cole Brenner, President of Liquid Timing. Projected sales are upward of $6.5 million by the end of 2009 and upward of $14 million by the end of 2010. These are based on current indications and commitments and may be subject to change.
About Prime Star
Prime Star Group was started as a company that developed, marketed, sold, and distributed bottled water with four branded beverages: Hawaiian Tropic, Geyser Fruit, Geyser Sport, and Geyser Fruta. The products were orientated to the health conscious consumer looking for an alternative to products containing high sugar and caffeine levels. Our customers include single and multi-store retail operations, governmental agencies, and distributors who in turn sell to retail stores, convenience stores, schools and other outlets. In addition, we branched into the private label and co-packing industries. Our Company objective is to market a new flexible pouch packaging in the ready-to-drink adult beverage market, as well as with our popular Geyser flavored waters. This flexible packaging will also extend into related beverage markets. We are now prepared to begin operations in its target segment of the adult beverage (liquor and related) industry, and reestablish their customer base with their Geyser flavored waters. The multi-billion dollar liquor industry has companies with a long history of success and established market share. PSGI does not intend to compete with those companies or their conventional packaging methods. The Company will enter this profitable marketplace with a line of exciting new products and with a new and very unique packaging concept. PSGI will target the high-end market with our own quality line of distilled spirits alone, and the unique and proprietary soft pouch is a key element in PSGI's corporate strategy, product line and global sales and marketing plan for our mixed drinks. This packaging style is embodied in one of PSGI's customers' sales slogans, “It's In The Bag.”
Safe Harbor Statement: All statements other than statements of historical fact included in this press release are “forward-looking statements.” The forward-looking statements, including statements about the Company’s future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the Company and factors that are subject to uncertainties, risk and other influences, which are outside the Company's control, and may yield results differing materially from those anticipated.
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