Press Releases

December 15, 2000 - Bristol Investment Group raises $6.6 million for Energy Brands Inc.

NEW YORK- Bristol Investment Group, a registered NASD broker-dealer, announced today it has closed on a $6.6 million capital raise for Energy Brands, Inc., a rapidly growing New York-based beverage company. Bristol completed the raise in 12 weeks. The $6.6 million financing included a $1.5 million bridge financing and a subsequent $5 million institutional financing of Convertible Notes.

Energy Brands sells 35 high quality, value added, healthy beverages through an expanding national distribution network. The beverage line includes several varieties of nutrient enhanced bottled water under the name Glacéau Water+ and energy drinks under the name Go-Go.

"We are all very pleased with Bristol Investment Group and their ability to produce results as financial advisors and investment bankers. Selecting and working with the Bristol team was one of the finest decisions the company made all year." said Darius Bikoff, CEO of Energy Brands. "Bristol Investment Group's president, Alan Donenfeld, is dependable, knowledgeable, and creative with financing structure, a needed component to raising capital these days. I certainly look forward to working with him for a long time to come."

"We are pleased that the $6.6 million raise was completed ahead of schedule and that it resulted in a larger financing than initially expected," said Alan Donenfeld, President of Bristol Investment Group. With Mr. Bikoff at the helm, we believe Energy Brands is well positioned in the beverage industry."

About Bristol Investment Group, Inc.

Bristol Investment Group, Inc. is a private investment banking firm focused on serving the needs of high growth public and private companies who require capital, strategic planning and merger and acquisition advice. The members of the firm have a broad range of experience in raising debt and equity capital, structuring and financing acquisitions, arranging joint ventures and managing companies. Mr. Alan Donenfeld, President of Bristol, formed the company in 1990 with the mission of providing a high standard of investment banking services to small and middle market public and private companies. Bristol is a broker/dealer firm registered with the National Association of Securities Dealers (NASD) and is member of the Securities Investor Protection Corporation (SIPC). For more information on Bristol Investment Group call 212-572-6306 or visit www.BristolDirect.com website.


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