RG Global Lifestyles, Inc. Through Its Subsidiary Aquair, Inc. Secures Major Distributor in Vietnam to Market Aquair Products Which Produce Water From Air
August 31 2005IRVINE, Calif., Aug. 31 /PRNewswire-FirstCall/ -- RG Global Lifestyles, Inc. (OTC Bulletin Board: RGBL - News) today announced that its subsidiary, Aquair, Inc., ("Aquair") has signed distribution agreements with Locke Media/Conty Huynh Hoa, LLC ("the Distributor") to purchase and exclusively market its home/office model of Atmospheric Water Generator product known as the Aquair E/M-10 model, under patent or patent pending, which produces water from air in Vietnam.
In consideration for the exclusive right to distribute the product, the Distributor agrees to purchase a minimum of US$2.0 million of the product for the first year of operations and US$2.5 million for the second year of operations. As initial commitments, the Distributor will issue a purchase order for 90 units of the E/M-10 home/office model for delivery in September 2005 and 180 units for delivery in December 2005. The minimum annual purchase requirement will commence on the day the first shipment of E/M-10 machines is received by the Distributor. All products will be marketed and sold with the name Aquair.
About Locke Media:
Although a recently formed company for the express purpose of marketing the Aquair products, the principals of Locke Media are members of a well-respected family with long term business interests and relationships in . Their business interests have spanned from Asia to the as one of 's prominent exporters of shrimp. Other businesses include production of livestock feed supplements and nutraceutical and health foods, giving credence to their interest in the importance of pure water. A principal of Locke Media became interested in the Aquair products and technology through a long-term relationship with the principals of RG Global Lifestyles, Inc., having served as suppliers to their Amerikal subsidiary. Recognizing the value of Aquair's air-to-water technology and products to the future economy of , the Distributor organized a new team to distribute these products and recently rented a 4-story building in the central business district of the city of "Vietnam is one of Asia's fastest growing economies," said Louis L. Knickerbocker, Chairman and CEO of RG Global Lifestyles, Inc. "We are extremely fortunate to have captured the interest of this prominent group who are committed to marketing our products in Vietnam, thus validating the viability of our patented air to water technology."
About Aquair:
Aquair, Inc. (AQUAIR(TM)) was formed for the express purpose of developing and distributing quality water products using the latest in atmospheric technology with advanced filtration systems to provide pure safe water around the world. Reports from around the country and the world continue to confirm the deterioration of the water supply. Much of the contamination is microbial in nature. Many of the treatment methods for water deal only with the "aesthetic" qualities of the water, taste, clarity and are not effective in the microbial purification of the water.
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