Abattis Enters into a Renewable Supply Contract with Alpine Glacier Water Inc.
June 17, 2015 (Source: Abattis Bioceuticals Corp.) — Abattis Bioceuticals Corp., through it’s wholly-owned subsidiaries Abattis Bioceuticals International Corp. and Vergence Visionary Bioceuticals Corp., (the “Company” or “Abattis”) (OTCQX: ATTBF) (CSE: ATT), a botanical drug development company that develops and licenses natural health products, medicines, extractions and ingredients for the pharmaceutical, nutraceutical, bioceutical and cosmetic markets – some of which will contain cannabinoid compounds – has entered into an bulk water purchase agreement to form a three (3) year Supply Purchase Agreement with Alpine Glacier Water Inc., 10 Thousand BC, and Source Glacier Beverage Company.
Under the terms of the agreement, Abattis, through its wholly-owned subsidiaries will have access to up to a million gallons of premium glacier water for a period of three (3) years, with the rights to renew on the anniversary of the agreement.
This supply agreement will allow Abattis to move forward with the Vergence Visionary Protein Beverage products. Vergence Visionary’s Protein Water joins Vergence Visionary’s flagship line of products that will be going to production, including the Company’s Saskatoon Berry beverage, all containing Abattis’ patent-pending NoxFuel (Nitric Oxide Increasing Nutritional Supplement) and designed by Abattis’ Chief Science Officer, Brazos Minshew. The Vergence Visionary Protein Beverage products will all be further elevated based on the pristine nature of glacier water.
The source water is derived primarily from the under melt of the glacier, which protects it from external contaminants and is purposefully taken before the water enters the ground water system. The purity of the water is a result of the crystallization of water vapor to snow and ultimately conversion to ice-a purification process perfected by Mother Nature herself. The source water report for the US FDA, stated that “the water quality of the water is excellent, with a total dissolved solids content of less than 10 ppm. This sort of purity is only achievable through the melting of snow or ice. The process of freezing water vapor into snow is a purification mechanism. Modern water vapor will commonly contain organic molecules and/or sulfurous compounds picked up from the atmosphere. When the water vapor is frozen, the regular atomic structure of the ice cannot accommodate these molecules and they drop out of the solution…, the opportunity to develop acid rain and the concomitant metals is eliminated resulting in very pure water.”
Brazos Minshew, Chief Science Officer of Abattis and President of Vergence Visionary Bioceuticals Corp., has been consulting for the Company since July 2014 and assumed a larger role in May 6, 2015. Brazos commented, “We created Vergence Visionary’s Protein beverage to provide an unparalleled beverage.” He added, “Based in the pure water source of 10 Thousand BC water, our Protein Water contains a purified, water-soluble Hemp seed protein powder; an outstanding, highly digestible source of nine essential amino acids, fatty acids and fiber. Hemp is an excellent source of protein due to its high rate of digestibility.”
In a Luxury Water blind taste test Saturday, February 17, 2007 on ABC’s Good Morning America, Good Morning America Weekend asked a group of self-proclaimed water connoisseurs to do a blind taste test. The 16 tasters were given glasses of three very different waters: a glacier water from Canada – 10 Thousand BC(r), priced at $28.50, for under a litre; Poland Spring, which retails for about a dollar; and plain tap water. They sipped, savoured, and guzzled; and the majority – 13 out of the 16 tasters – picked the high-priced glacier water as their favourite.
10 Thousand BC glacier water is hexagonally shaped (like a snowflake). Glacier water is considered to be the healthiest water in the world to drink but is often very difficult to access. Researchers have proven that glacier water hydrates cells quickly and effectively and that super-cooled glacial water; which hydrates the body 28-32% better than other water products.
Remarkably, average blood-oxygen levels improved by 12.2% just 20 minutes after drinking the glacier water. Faster hydration allows the body to regulate its temperature more efficiently and improves performance.
Why is this important? Water is essential in providing cells with oxygen and nutrients, as well as flushing out carbon dioxide, damaging toxins and other waste products. The better hydrated your cells, the better your body functions and the better you feel.
Rene David, CFO/COO of Abattis commented, “After travelling to the source and sampling the water, it became clear that this supply arrangement would elevate our products. This relationship has been a long time coming and we are excited for the pairing of these entities to produce a high quality luxury brand product.”
Tim Bates, President of 10 Thousand BC comments, “We are committed to preserving the legacy of quality, purity and elegance found in the world’s finest table waters. Our rich, luxurious designs complement our superior glacial water source and reflect the value we place on the substance within our bodies and the substance within our bottles. We at 10 Thousand BC are excited to work with the Abattis team to create a product made of the highest quality products.”
About Abattis Bioceuticals Corp.
For more information, visit the Company’s website at: www.abattis.com.
Abattis is a specialty biotechnology company that aggregates, incubates, integrates and invests in the botanical drug development industry. The Company develops and licenses natural health products, medicines, extractions and ingredients for the biologics, nutraceutical, bioceutical and cosmetic markets – some of which will contain cannabinoid compounds. The Company also has an extensive pipeline of high-quality products and intellectual property for the rapidly expanding botanical drug market. We follow strict standard operating protocols, and adhere to the applicable laws of Canada and foreign jurisdictions. For more information, visit the Company’s website at:www.abattis.com.
ON BEHALF OF THE BOARD
Bill Fleming, CEO
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FORWARD LOOKING INFORMATION
This press release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks various risk factors discussed in the Company’s Management’s Discussion and Analysis under the Company’s profile on www.sedar.com. While the Company may elect to, it does not undertake to update this information at any particular time.
Raj Shah has been a member of the InvestorIntel.com team for the last nearly 9 years. Recruited from Merrill Lynch, he has over 13 years’ ... <Read more about Raj Shah>