Icelandia PLC, a UK-based Public Limited Company with wholly owned subsidiaries in both Iceland and North America, has secured exclusive rights for 95 years to extract water from the legendary Iceland glacier named Snaefellsjokull. Also known as Snow Mountain Glacier, this ancient ice field contains a secure, nearly unlimited supply of ice cap melt water, frozen when the world was pure during the Ice Age. Filtered for millennia through post-glacial lava rock, the free flowing glacier water far exceeds all European Union and EPA standards of purity.
More than 100 billion litres per year flow unchecked into the ocean -three times the size of the total US bottled water market, the world's largest!
Icelandia PLC is currently building a bottling plant and distribution centre in the historic Iceland fishing village of Rif to address the booming worldwide bottled water market - the fastest growing of all beverage categories.
Icelandia also developed the knowledge and technology to competitively supply global commercial and charitable needs for water, with the economy of scale of bulk tanker transportation. A turnkey system will account for all aspects of supply integrity and management. Each transport can deliver 120 millions litres (30 Million US gallons) of pure Iceland glacier water to large storage tanks wherever the need is greatest, to either upgrade from desalinated water or provide sustenance to regions where water scarcity is life threatening.
Icelandia PLC is a gathering of titans skilled in all aspects of the global water industry. Management and corporate advisors validate the commodity called "Blue Gold", now identified as the most valuable natural resource on Earth.
Icelandia PLC is pleased to announce that Saracens Solicitors of London, after an extensive study of our company and business practices, has pronounced both our stock offering and corporate governance to be Shariah Compliant.
The corporation is proud of this attainment as it strives to uphold values set by all religions to be sociably responsible.
Icelandia PLC plans for an IPO (Initial Public Offering) on the AIM (London Stock Exchange).
-Ends-
For further information, please visit our website at http://www.icelandia.is or call Robert Heward, Director, International Business Development, at 001-416-2059716.
© Press Release 2006
