146 West 57th Street, suite 33D
New York, NY 10019
Contact: Barbara Carver
FUND ANNOUNCES IT CAN
TURN WATER INTO WINE!
YORK, NY (May 10, 2006) - Donald Spector, Chairman of Innovation Fund
LLC (www.innfund.com), announced today that it has patented and developed
technologies that will allow consumers to screw one of its Flavor
Tops caps onto any bottle of water and turn it into a vast variety
of beverages! A consumer can take their favorite brand of plain bottled
water, like Poland Spring (from Nestlé), and with a Flavor
Tops cap turn it into a power drink, a soft drink, tea, or even an
alcoholic beverage! These technologies can be used with concentrated
powders, like Crystal Light, a brand of Kraft, liquids, or contain
multiple product combinations. The caps can also be used for maintaining
freshness of vitamins, additives or medications.
Donald Spector, who is also the Chairman of New York College of Health
Professions (www.nycollege.edu), a world leader in Holistic Health
and Education offering both undergraduate and graduate level degrees,
says, “While the traditional distribution route might at first
appear to be Coca Cola, PepsiCo or some other major bottlers, this
product can also be distributed or licensed to food companies or even
companies like Nike. Non-beverage companies have traditionally had
entry problems breaking into the beverage industry. Government applications
also offer great opportunities such in schools, where new laws banning
high calorie drinks are going into place, as well as in the military.”
of bottled water are climbing in the United States, sales in underdeveloped
countries have seen even more substantial growth since their water quality
is poorer. The proprietary Flavor Tops cap retrofits onto existing bottles
of water and instantly converts the water into a wide variety of beverages
by releasing either powders or liquids at the time the consumer screws
on the cap and is ready to drink it.
The military, as an example, can have one product (bottled water) and
yet supply its troops with a variety of drinks by offering many different
caps. These choices can also contain nutrient value, power additives
or medicines which remain fresh until the time of consumption. In areas
of limited space, a ship or supply area can carry just bottled water
and yet give troops a choice of hundreds of their favorite drinks!
Spector, Chairman of Innovation Fund LLC, believes Flavor Tops will
open the market for many new exotic flavors, specialized holistic products
that often lose freshness and to brand name companies that currently
can't make it into the crowded and limited space available for cold
beverages in convenience stores and supermarkets. “Every convenience
store carries cold water. Now, with that single product, our non-refrigerated
caps can offer the consumer a world of choices. Well known sports names,
and even teams like the New York Yankees or companies like Reebok that
are not presently players in the beverage business can become dominant
names in the power drink business, without having to join the closed
beverage industry club,” says Spector.
Innovation Fund LLC has vast patent portfolios and licenses and ventures
with many Fortune 500 companies, as well as with mid-sized companies.
This product line has been licensed to a multi billion-dollar company
in the flavor business to service companies in mass markets.
The product line will be ready for market introduction in early 2007.
Innovation Fund LLC believes this technology can shake up the giants
in the industry and allow many other companies with brand names to enter
a market, which now has increasing problems and costs associated with
INFORMATION, PLEASE CONTACT: BARBARA CARVER at (516) 921-3100, or via
email at email@example.com.