Beijing, China and Cleveland, Ohio USA, August 27, 2003 /Pink Sheets News Service/ -- CALCOL INC. (CLCL-OTC), a U.S. Delaware holding company for Chinese investments and businesses in pharmaceutical and soft drinks businesses, announced today that its updated corporate website, www.calcol.com is now online.
WWW.CALCOL.COM Featuring recent photos of End of Aisles Promotions of CALCOL's MALIBU-COLA, MALIBU SURF'S UP LEMON LIME, and MALIBU SUNRISE ORANGE(TM) now featured in more than 250 supermarkets and retail outlets in China's cities of Beijing, Tianjin, and Hebei Province (Shijiazhuang, Baoding, Qinhuangdao, Langfang, Handan, Tangshan, Hengshui, Changzhou) the MALIBU-COLA (TM) products, as well as photos of CALCOL's new MALIBU-COLA logo (TM), new labels for MALIBU-COLA, MALIBU SURF'S UP LEMON LIME, MALIBU SUNRISE ORANGE, and NEW! MALIBU VERRY CHERRY COLA, in 600 ml size PET bottles, photos of CALCOL's Sanhe Meile Soft Drinks Co. Ltd. 110,000 square foot 6 million standard case annual capacity bottling plant, 800,000 units annual production capacity concentrate plant, and 19 of CALCOL's Chinese management and factory staff (not shown in the photo are more than 20 additional salaried plus commission sales staff in the provinces and cities), as well as CALCOL's current Chinese business license, jv approval letter, manufacturing permits, and other relevant Chinese documents. CALCOL's China audited financial statement is posted on the website www.pinksheets.com.
"Sales are increasing day by day", says Mr. Xiao Jian Gong, CALCOL'S Director of Marketing. "We expect to double, within a month, the number of supermarkets and other retail outlets carrying our products. Market demand is strong, and re-orders and collections from sales are coming along nicely."
"Customers like our products, "adds Mr. Ji Jun, CALCOL's Vice President and President and GM of CALCOL's Sanhe Meile Soft Drinks Co. bottling plant, "we have the real cola taste for less money than Coke or Pepsi products. Our customers are getting "more cola for less money!" (TM) And in a price sensitive market like China they seem to like that."
"As we complete the commissioning of our new 110,000 square foot bottling plant in Beijing, we should be able to make and sell between 3-6 million standard cases of finished soft drinks in China within the first year of full production. Expansion plans for an additional 10 million standard case high speed PET line as well as a canning line for Beijing; and for two additional factories to service the Shenzhen/Hong Kong/Guangdong provincial area and the Shanghai /Jiangsu provincial area are also progressing well. "
Mr. Xiao says, "We are nearing the end of the promotional period, and keeping steady to our goal of 25-30% discount at retail of the other two major cola brands. Also, we intend to add several new flavors over the next twelve months, including not only our very exciting NEW! MALIBU VERRY CHERRY COLA, but also MALIBU LEMON SQUEEZE (lemonade soda), MALIBU SPARKLE APPLE (green apple), and some other surprises."
Mr. Ji: "I think our investors will be happy with the numbers by the end of the year; and even happier by next year. This year has been a tough one for consumer products in China due to various factors, but coming into the fourth quarter, our business is now booming and we believe sales will continue to be very robust coming into the Christmas, New Year, and Chinese New Year holiday season. The acceptance of our products into the thirsty Chinese market is astonishing! More than 56% percent, or more than $326 billion USD of consuming power, is outside China's 36 major cities; when you add together CALCOL's distribution network in the major cities as well its growing network in the secondary areas, there is great buying power for consumer products like MALIBU-COLA. We are rapidly building our brand as well as our distribution network day by day."
CALCOL INC. (CLCL-OTC) common stock (par value $.001) involves a high degree of risk including country risk for a US company operating in China, and is suitable only for accredited, overseas, or institutional investors who are able to assess the risk, and can afford to lose their entire investment. This announcement is for information only, contains forward looking statements which should not be relied upon in any investment decision, and is not an offer to buy or sell securities.
CONTACT: CALCOL INC.
Mr. Ji Jun, VP CALCOL INC. President & GM, Sanhe Meile Soft Drinks Co. Ltd. Beijing East Yanjiao Economical & Technical Development Zone, Beijing 101601 China Tel: 011-86-10-6159-2415, Fax: 011-86-10-6159-2166. Email: jijunhere@hotmail.com.
Mr. Xiao Jian Gong, Assistant VP CALCOL INC., Director of Marketing, Sanhe Meile Soft Drinks Co. Ltd. Email: xjg95@yahoo.com.
Mr. Norman C. Kaplan, Chairman and President, CALCOL INC. PO Box 22103 Beachwood, Ohio 44l22, Chairman, Sanhe Meile Soft Drinks Co. Ltd. Beijing. Tel: 216-514-0849 Fax: 216-274-9608. Email: calcol@aol.com
http://www.calcol.com
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