Nova's - Aqua Xtremes Inc. Announces CyberAds as Exclusive North American Distributor
RENO, Nev.--Feb. 1, 20055, 2005--Aqua Xtremes Inc., a subsidiary of Nova Communications Ltd. announced CyberAds, Inc. acquired the North American distribution rights for XBoard (OTCBB:CYAD). XBoard is a revolutionary jet surfboard that operates like a Jet Ski(TM) and behaves like a surfboard.CyberAds and its CyberNetworks sales and marketing division will focus on expanding the distribution and dealer network in the USA, Canada and Mexico as part of a 10-year exclusive agreement, which also includes an option for the International distribution rights.
"This agreement allows Aqua Xtremes to focus our resources and energy on the design, engineering and manufacturing of XBoard," explained Art Robins, CEO of Nova Communications Ltd. and Aqua Xtremes Inc. "We are extremely confident that the management team at CyberAds will be successful at bringing this product to market throughout North America. This agreement allows both companies to do what we do best -- it is an ideal partnership, and in addition it establishes a cap on our cost of sales."
"This agreement is the culmination of a working relationship that started when we were chosen by Aqua Xtremes to integrate their web site," stated Walt Tatum, CEO of CyberAds. "What we witnessed in our close-up look at XBoard is that consumers, distributors, and dealers share a strong affinity to the product. It appeals to the X/Y generation and is destined to invigorate the water sports industry."
Consumers, dealers, distributors and media may contact www.XBoard.com and register to ride the XBoard, or schedule a time to come view the demonstrations. Directions to the lake will be available on the site at the Miami International Boat Show at booth #3019 on the first floor of the convention center.
"Make your own Wave" Place: McGinnis Ski School, Ft Lauderdale, FL Date/ Time: Friday, February 18 -2:00 pm to 5:00 pm Saturday, February 19 - 11:00 am to 3:00 pm Sunday, February 20 - 11:00 am to 3:00 pm Tuesday, February 22 - 10:00 am to 5:00 pm
About Aqua Xtremes, Inc.
Aqua Xtremes, Inc., a Nevada corporation and subsidiary of Nova communications, Inc., is a designer, manufacturer, and marketing company for revolutionary water sports equipment. One of the company's most notable products is the XBoard(TM), a jet-powered personal watercraft that redefines extreme water sports. XBoards allow riders of all skill levels to experience the exhilaration of surfing anywhere, anytime. The XBoard design team has created a revolutionary watercraft that combines innovative hull design and a powerful EPA conforming rotary engine. More information is available at the Company's web sites www.NCVM.net and www.AquaXtremes.com. CyberAds is currently recruiting distributors and dealers to get onboard and catch the wave -- interested parties should inquire at www.CYADXboard.com or www.AquaXtremes.com or call 775-324-8531. A Regional representative will be available for assistance.
This press release contains forward-looking statements. The words or phrases "would be," "would allow," "intends to," "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "can," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These risks and uncertainties include: (a) whether the Company will successfully achieve delivery to distributors in 1st qtr 2005 (b) whether the Company will have adequate financing to expand the business; (c) whether the Company will effectively manage its expanding operations, which will place significant demands on its managerial, financial and production expenses; (d) competition among other water utility sports related products; (e) the Company's ability to market and fill sales orders; (f) whether general economic conditions and the regulatory environment will be favorable to the growth of the Company's business, including its vertical integration; (g) the Company's ability to grow organically; (h) whether the company will achieve its expected revenues in 2005; and (i) other factors set forth in the Company's periodic reports and Statements filed with the Securities and Exchange Commission which may be reviewed by accessing the SEC's EDGAR system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
Aqua Xtremes Inc., a subsidiary of Nova Communication Ltd., has and continues to institute changes to its strategies, operations and processes to address these risk factors and to mitigate their impact on Nova Communication's results of operations and financial condition.
Consumers, dealers, distributors and media may contact www.XBoard.com and register to ride the XBoard, or schedule a time to come view the demonstrations. (Directions to the lake will be available on the site) Interested riders may also see XBoard (and the new carbon-fiber hull) and visit XBoard team members at the Miami International Boat Show at booth #3019 on the first floor of the convention center. To qualify for a demo ride you must be at least 16 years of age, have a valid drivers license, and execute a standard release form. Limited riding opportunities are available so it is recommended that you register early. Walt Tatum, CyberAds CEO stated, "The XBoard team is excited to share the thrill and fun of jet-surfing with the world, we are anxious for riders of all ages and 'water sports' ability to try this great new product and schedule their XBoard experience. service to and from the Boat Show on Friday, Saturday and Sunday departing from our booth one hour before start time of each session."