XStream Beverage Group, Inc. Creates Blue Chip Advisory Board Company Calls on Distinguished Professionals From the Beverage, Investment Banking and Financial Services Industries FORT LAUDERDALE, Fla., May 25 /PRNewswire-FirstCall/ -- XStream Beverage Group, Inc. (BULLETIN BOARD: XSBG) today announced it has established an advisory board with the appointment of four distinguished individuals from the beverage, investment banking and financial services industries. The Company said that George C. Haas, Jr., Foster Devereux, Elizabeth A. Dunn and Richard Q. Armstrong will serve as the inaugural members of the board that will meet approximately four times a year and provide advice and counsel to the Company's senior management. For nearly 45 years George Haas, Jr. has headed up Haas Financial Corporation, a New York investment-banking firm. Prior to starting the firm he held various executive positions with the Coca-Cola Company and Pepsi-Cola Company (now PepsiCo). As vice president of U.S. operations of PepsiCo he was instrumental in developing plans for bottler financing and for restructuring the entire U.S. franchise network. The formation of Haas Financial allowed him to act as an independent industry expert in organizing major financing for PepsiCo's independent bottlers. This lead to his association with Coca-Cola Enterprises as an independent negotiator during a time when they bought the former Coca Cola franchises and converted them into company owned operations. A graduate of Yale University, Mr. Haas served as a Major during World War II where he earned a silver star for his efforts in the European Theater. Foster Devereux's career spans the world of investment banking and the soft drink industry. For 25 years he served as an officer and director of Allen Company, Inc., one of New York's prominent investment bankers and a major participant in global soft drink company financing. For ten years Mr. Devereus owned and operated the "Squeeze" carbonated soft drink brand. XStream Beverage Group recently acquired the historic, "gourmet soda" brand. A graduate of Williams College, Mr. Devereux was appointed by the Governor of Massachusetts to be a Trustee of the Massachusetts College of Liberal Arts. Elizabeth A. Dunn specializes in corporate, LLC's, partnership and individual taxes for many closely held regional, national and international businesses. A certified public account (CPA), Ms. Dunn served in both the audit and specialized tax divisions of Ernst & Whinney and Arthur Young & Co. At financial service giant Merrill Lynch, she was responsible for extensive corporate finance department functions, including evaluating and providing current and prospective financial data for top executives. Ms. Dunn earned a BBA from Pace University, Lubin School of Business. She is a member of the American and Florida Institute of Certified Public Accountants. Richard Q. Armstrong has had a long and distinguished career as manager and senior executive in a variety of consumer product businesses with particular emphasis in the beverage industry that culminated with positions as president of Canada Dry International, Canada Dry Worldwide and the combined companies of Canada Dry and Dr. Pepper. His storied career began in consumer, packaged goods marketing at LifeSavers International and several major advertising agencies in New York. Active in the wine and spirits industry, he was managing director of LVMH U.S. Corporation, the U.S. subsidiary of the French luxury goods conglomerate. After successfully restructuring regional Adirondack Beverages he returned to RQA Enterprises, his own investment and consulting firm. An honors graduate of Bowdoin College, he presently sits on the board of UBS Paine Webber Mutual Funds Group. He is a former Director of the Board of the Fuqua School of Business Administration at Duke University. "The establishment of this blue-chip advisory board is a direct reflection of the ongoing efforts of our new management team and the outstanding reputation each has in the beverage industry," said XStream Beverage Group Chairman, Ted Farnsworth. "By aggressively executing a comprehensive business plan CEO, Jerry Pearring and Vice-Chairman Barry Wilson have brought an exceptional level of professionalism and excellence to our Company. These two industry professionals are the catalysts who are successfully pursuing our goal of acquiring small- to medium-sized distributors in strategic locations around the nation, while concurrently introducing our own proprietary products through those distribution channels." XStream Beverage Group recently acquired the Maui Juice Company and the historic Squeeze soda brand, its first entry in the "retro," gourmet soda category. The Company also recently acquired Ayer Beverage, a central Massachusetts-based distributor of new-age beverages such as juice, water and sports drinks. Ayer Beverage, now Beverage Network of Massachusetts, provides XStream Beverage contiguous geographic coverage from Boston through the entire state of Connecticut, joining forces with Beverage Network of Connecticut, XStream's previous New England acquisition. XStream also owns and operates Beverage Network of South Florida that covers Miami-Dade, Broward and Palm Beach Counties. Just over a year ago, the Company introduced its proprietary energy drink, Yohimbe, which contains an extract from the bark of the West African Corynanthe Yohimbe tree, the drink also contains vitamins B-12, B-6 and taurine. Since its introduction in March 2003, sales of the product have grown consistently, making particular inroads in several of the popular clubs in South Beach and Ft. Lauderdale, as well as various locations in Connecticut. About XStream Beverage Group, Inc. XStream Beverage Group, Inc. is undergoing rapid growth to become a key player in the beverage industry. The company plans to continue acquiring small- to medium-sized beverage distributors, developing brands under its own label or through acquisition and leveraging those brands through its current and future distribution channels. The company is a fully reporting, public entity trading on the OTC Bulletin Board, ticker symbol XSBG.OB. This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the success of competitive products, fluctuations in costs, changes in consumer preferences and other items described in the Company's Securities and Exchange Commission filings. The Company undertakes no obligation to update any statements in this press release. DATASOURCE: XStream Beverage Group, Inc. CONTACT: Peter Nasca of Peter Nasca Associates, Chicago: +1-312-421-0723, or Miami: +1-305-937-1711, or , or for Investor Relations, Bob Giordano, +1-212-495-0200, ext. 10, for XStream Beverage Group Web site: http://www.xbev.com/

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