LAS VEGAS, NV--(Marketwired - Sep 16, 2013) - Pinacle Enterprise, Inc. (
The new multi-use 1 L Alkame™ bottle is the first of several larger format bottles that are slated for market launch by the Company in the near future. Alkame™ micro-clustered, alkaline, antioxidant, and oxygenated water is currently available in 500 ml and 1 L sized bottles utilizing exclusive BPA-free and 100 percent recyclable eco-friendly plastics from BioSphere Plastic of Portland, Oregon.
"The addition of a larger sized 1 L bottle to the Alkame product lineup is a key part of our strategy to achieve distribution and sales growth beyond the single serving sizes," stated Robert Eakle, CEO of Alkame Water, Inc. "In addition to releasing the new 1 L sized bottle, we also plan to launch a one US gallon jug and a 2 US gallon water cooler size bottle over the next few months to expand even further into the lucrative larger format bottled water market."
According to the International Bottled Water Association, the United States spends approximately $15 billion on bottled water each year. Global bottled water sales are estimated at $50 billion annually.
About Alkame Water, Inc.
Alkame™ Water, Inc., a wholly-owned subsidiary of Pinacle Enterprise Inc. (
About Pinacle Enterprise, Inc.
Pinacle Enterprise, Inc. (
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.