KAWA Manufacturing & Distributing Corp., 75 Percent Owned By VentureNet, Has 12 Soft Drink Formulas and a Patented Packaging Process


TEMECULA, Calif., Nov. 19, 2002 (PRIMEZONE) -- KAWA Manufacturing & Distributing Corp. currently has formulas to produce 12 different soft drinks. The soft drinks are best described in three categories, (a) Flavored Lemonades, consisting of four different flavors, i.e., cherry, peach, strawberry and raspberry; (b) Flavored Iced Teas, consisting of four different flavors, i.e., peach, raspberry, lemon and apple; and (c) New Age Juices, consisting of Punch Paradise, Mango Calypso, Crazy Kiwi and Sports Drink.

In addition to the beverages, the company has a patented packaging process for the use of flexible plastic packaging that incorporates a push-pull spout to allow the user to open and close the stand-up pouch without spillage. The packaging is disposable and recyclable.

The patent packaging process, in the near future can be used for applications with high and low viscosity such as mayonnaise, ketchup, mustards, honey, chocolate, pancake syrups, milk, water, soy sauce and soy milk to name a few.

The KAWA patented process is distinctive from others, because it is more cost effective. The manufacturing process produces an automated system packager that equals the production of three different machines. The system produces and fills different sizes from 2oz., with tear-off corner, through 32oz. re-closable pouch with no down time, using only a single attendant. Because the bag comes in already printed roll stock, it saves up to 60% less storage by weight and great savings by volume.

VentureNet Capital Group, Inc. (Pink Sheets:VNTN) owns 75% of KAWA Beverages and 70% of Morpak Systems Technology and is actively seeking licensing opportunities of this patented process worldwide.

VentureNet Capital Group, Inc. specializes in providing financing and management expertise to private and public emerging growth companies demonstrating current revenues and a high growth potential.

FORWARD-LOOKING STATEMENTS

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

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