Boreal Water Collection Reports Year End 2014 Results: Sales up 12%, Gross Profits up 3% and Operating Loss Drop 30%

KIAMESHA LAKE, NY / ACCESSWIRE / March 31, 2015 / Boreal Water Collection, Inc. (PINKSHEETS: BRWC) a high end private label bottled water company from NY, announced today that it has experienced continued growth by increasing sales projections in the year end 2014 results.

Yearend 2014 financial results, as compared to last year results, were as follows:

– Revenues for the year ending December 31, 2014 were of $2,411,739 as compared to $2,151,513 for last yearend results, an increase of $260,226, or 12%.
– Costs of sales were 81% and 84%, an decrease of $145,624, or 3%,
– Gross profits were 19% and 16%, an increase of $114,602, or 3%.
– Operating loss total $779,298 compared to an operating loss of $1,126,635 last year, an improvement of $347,337, or 30%.
– We employed 24 people at our 75,000 sq. ft. production plant located at Kiamesha Lake, NY.

Management Comments:

“We strengthened the core of our product line, expanded globally our client list, and managed to drive growth with disciplined decisions, bold innovation, and focused execution,” said Francine Lavoie, CEO of Boreal Water Collection, Inc. “I am proud that our Boreal Water revenue increased this year and we are projecting them to exponentially increase in the coming year. Our solid execution and expense discipline will rapidly allow us to grow production and deliver a strong finish to the fiscal year along with a long term shareholder value.”

Amendment to Authorized shares:

On February 27, 2015, the stockholders have approved, an amendment to the Company’s Certificate of Incorporation to increase the number of authorized shares of Common Stock from 1.5 billion to 5.0 billion (the “Amendment”). The Board of Directors believes that maintaining such a reserve will save time and money in responding to future events requiring the issuance of additional shares of Common Stock, such as acquisitions or equity offerings All authorized but unissued shares of Common Stock will be available for issuance from time to time for any proper purpose approved by the Board of Directors (including issuances in connection with stock-based employee benefit plans and issuances to raise capital or effect acquisitions). The Board of Directors believes that it is prudent to increase the authorized number of shares of Common Stock in order to maintain a reserve of shares available for immediate issuance to meet business needs, such as an acquisition or equity offering, promptly as they arise. There are currently no arrangements, agreements or understandings for the issuance of the additional shares of authorized Common Stock except for issuances in the ordinary course of business and of a few convertible notes.

About Boreal Water Collection, Inc.

Boreal Water Collection is a personalized bottler of a full and diverse line of various types of water including:

– Functional Enhanced Water
– Carbonated Water
– Flavored Still or Sparkling
– Oxygenated Water
– Distilled Water
– Caffeinated Water
– Infused Water
– Vitamins Enhanced Water
– Minerals Enhanced Water
– Electrolyte Water
– Alkaline Water
– Natural Spring Water

Boreal provides premium custom bottled water for its clients and customers, whether it is for publicity, promotion, marketing, internal use or a specific event. Boreal also offers fully integrated turnkey service, with prize-winning Boreal private label water, made-to-order labelling, along with distinctive water containers. Current and past customers include Ritz Carlton, Tommy Hilfiger, Saks Fifth Ave, Infiniti, Guess, LaCosta, Porsche, Re/Max, BMW Balance Water, Wa-taah Water, Fred Water, Dean & DeLuca, the Quin Hotel, WestHouse New York, the Surrey New York City, Bouchon Bakery, Princeton University and 3M. Unlike its competitors, Boreal has exclusive access to two pristine and abundant springs, one an award-winning source deep in the untouched wilds of Canada, and the other in the prestigious Catskill Mountains region in New York State. With exclusive unlimited exploitation rights, Boreal has a confirmed volume in excess of thousands of millions of gallons.

For more information on Boreal Water Collection, please contact us by
email at: investors@borealwater.com , sales@borealwater.com,
or follow us at www.borealwater.com and on the different social media sites such as www.facebook.com/privatelabelbottledwater and www.linkedin.com/in/borealwater.

Safe Harbor for Forward-Looking Statements:

This news release includes forward-looking statements. While these statements are made to convey to the public the company’s progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management’s opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company’s operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company’s periodic filings with the U.S. Securities and Exchange Commission.

Contact Information

Boreal Water Collection
investors@borealwater.com
www.borealwater.com

SOURCE: Boreal Water Collection

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