LAS VEGAS, Nov. 29, 2007 (PRIME NEWSWIRE) -- S2C Global Systems (OTCBB:STWG) (http://www.s2cglobal.com), designer and developer of the "S2C Aquaduct" commercial vending system that delivers pre-packaged, 5-gallon, bottled water from the bottling plant to the consumer, previously announced its intended entry into the Houston Market (January 2007) and an assembly plant in Dallas(July 2007). The Company stepped back from the Houston installation until it felt it was ready to proceed with its full market development strategy that included 200 units in Houston, 100 in San Antonio and 160 in Dallas, along with installations in other municipalities in Texas, that could support the S2C system. Management has now secured a major bottler and two Property Management firms with hundreds of shopping centers throughout the target markets in Texas. This means that S2C Global has an ongoing supply of product and locations to fulfill its mandate. Management is currently working to finalize the North American assembly plant in Dallas that will be capable of fulfilling its domestic requirements in the United States and the international requirements in Angola, Britain, and Canada.
S2C's regional manager for Houston, Mr. Shane Waddell, said, "We have worked diligently to establish a solid foundation for our market growth in the Greater Houston area. I believe we now have a strong inventory of properties to place S2C Aquaduct units on and an excellent source of Spring Water. We are ready."
The Greater Houston metropolitan area has a population of 5.3 million as of the 2005 U.S. Census. The potential bottled water market for Greater Houston, based on industry averages of 25 gallons per person annually, is over 140 Million U.S. Gallons. Based on this information together with S2C's planned installation schedule for the Houston market, it is anticipated that revenues will reach $8-$10 million for the first two years of operation.
About S2C Global Systems
S2C Global Systems, Inc. designs and develops highly efficient automated distribution systems to move products directly from suppliers to consumers. Established in 2004, S2C Global (www.s2cglobal.com) has built the world's first commercial vending system that accepts back return containers. S2C's first system known as the "Aquaduct"(tm) delivers prepackaged 5-gallon bottled water from the bottling plant to the consumer. To find out more about S2C Global Systems, Inc. (OTCBB:STWG), visit our website at www.s2cglobal.com
Forward-Looking Statements
The foregoing news release includes numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The federal securities laws provide a limited "safe harbor" for certain forward-looking statements. Forward-looking statements in this news release relating to product development, business prospects and development of a commercial market for technological advances are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with new business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.