Clearly Canadian Beverage Corporation (OTCBB: CCBEF)

Dear Reader:

For the first time in StockUpTicks history we are bringing you a news update on the same company two days in a row.  Given the importance of this news (see below) and knowing that so many of you are following and perhaps own CCBEF, we felt is was our responsibility to bring this to you as quickly as possible.  Notably, today the stock closed at its 52-week high on big volume -- a commonly-accepted signal of a possible price breakout.  

Clearly Canadian Beverage Corporation (OTCBB: CCBEF) just announced that year-over-year revenue gains are up double digits, dramatically reversing a five-year downturn as the company continues to reinvent itself and harness new consumer beverage trends (See NEWS below).

This news comes on the heels of a spate of solid releases for Clearly and perhaps affirms its turnaround.   It will be most interesting to see how far North the turnaround goes into the realm of profitability.  You may also want to review our April 18th StockUpTicks Profile HERE

*BREAKING*  News From Clearly Canadian

Press Release Source: Clearly Canadian Beverage Corporation
Thursday May 4, 11:00 am ET

VANCOUVER, British Columbia, May 4 /PRNewswire-FirstCall/ -- CLEARLY CANADIAN BEVERAGE CORPORATION (OTC Bulletin Board: CCBEF - News) announced today that April 2006 revenues showed a 33% gain over April 2005. In the first four months of the year the Company has posted solid double digit revenue gains, the first such gains seen in five years. Stated Brent Lokash, President of Clearly Canadian, "These are encouraging numbers that we look to build upon for future sales growth. We have recently added some incredible talent to our organization and have just started shipping our revamped core brand products to our distributor in preparation of the upcoming official re-launch of our line of Clearly Canadian sparkling flavoured waters. This new line takes us "Back to the Flavour," which is how we built our brand's reputation and sold over two billion bottles of product."

About Clearly Canadian
Based in Vancouver, B.C., Clearly Canadian Beverage Corporation markets premium alternative beverages and products, including Clearly Canadian® sparkling flavoured water and Clearly Canadian O+2® oxygen enhanced water beverage which are distributed in the United States, Canada and various other countries. Since its inception, the Clearly Canadian brand has sold over 90 million cases equating to over 2 billion bottles worldwide. Additional information about Clearly Canadian may be obtained at www.clearly.ca.

    Forward Looking Statements

Statements in this news release that are not historical facts are forward- looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes", "estimates", "potential", "predicts", "continue" and words of similar import also identify forward-looking statements. Forward- looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that recent sales growth, including year over year gains from January through April 2006 will assist the Company's future sales. These assumptions are subject to many risks, and actual results may differ materially from those currently anticipated. These risks include, by way of example and not in limitation, general economic conditions, changing beverage consumption trends of consumers, the Company's ability to generate sufficient cash flows to support general operating activities and capital expansion plans, competition, pricing and availability of raw materials, the Company's ability to maintain the current and future retail listings for its beverage products and to maintain favorable supply, production and distribution arrangements, laws and regulations and changes thereto that may affect the way the Company's products are manufactured, distributed and sold and other factors beyond the reasonable control of the Company. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission and with the British Columbia and Ontario Securities Commissions.

    For further information please contact:
    Shareholder Relations (e-mail:  investor@clearly.ca)
    Steve Cook
    1 (800) 983-0993

CLEARLY CANADIAN BEVERAGE CORPORATION is the registered holder of various trademarks, including CLEARLY CANADIAN®. CLEARLY CANADIAN BEVERAGE CORPORATION, and its wholly owned subsidiaries, produce, distribute and market CLEARLY CANADIAN® and CANADIAN O+2®.

Source: CLEARLY CANADIAN BEVERAGE CORPORATION
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About Clearly Canadian

Since its inception, the Clearly Canadian brand has sold over 90 million cases equating to over 2 billion bottles worldwide.  Clearly Canadian sparkling flavored water features half the carbohydrates and only 45 calories per 8 oz serving. The sparkling waters also boast of all natural flavors and no preservatives in keeping with healthier diet trends without sacrificing the same great taste experience that Clearly Canadian consumers have come to expect. 

Clearly Canadian enjoys an 80 percent brand recognition in the US on its flagship Clearly Canadian brand and recently announced a system-wide distribution agreement with Dr. Pepper/Seven Up Bottling Group, Inc., greatly increasing exposure and availability of Clearly Canadian products. Clearly Canadian includes private label business and co-branding in its revenue streams
. 

CLEARLY CANADIAN

The Beverage Industry

Today’s hottest market segment is undoubtedly “Alternative Beverages”, driven by a series of incredibly successful new product launches such as; Hansen’s “Monster” energy drink, Coca-Cola’s “Full Throttle”, and “Red Bull”. This industry segment has exploded into a $21 billion a year market, with worldwide appeal, that continues to grow at double-digit rates.  More importantly, the astonishingly high margins on these drinks, which sell for $1.50 to $3.00 a can, are the catalyst to phenomenal returns in their parent company's stocks.  For example Hansen’s (HANS) stock has skyrocketed from the $5 dollar level to $109, a 2000% return in just two years. 

Clearly Canadian all but started this market segment 12 years ago with its launch of sparkling flavored waters, which were the first to fill the gap between full sugar sodas and low calorie diet drinks.  Sales skyrocketed from zero to $187 million in three years; the stock moved from under $1 to over $27 before the Snapple’s of the world began to take chunks and chunks of market share. 

Clearly Canadian will re-launch its core brand flavored waters in revamped updated packaging by May of 06 and plans to launch two innovative new product lines that should shake up both the energy drink and organic drink arenas. 

Clearly Canadian Products

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A unique drink experience in a bold and exciting package, Clearly Canadian Oxygen Enhanced Water O+2 has been formulated as a superior refreshment beverage, with a light, refreshing flavor and no carbonation. 

Clearly Canadian's unflavored oxygen-enhanced water beverage contains at least 300% greater oxygen than the normal concentration of oxygen naturally found in water. Clearly Canadian Oxygen Enhanced Water in two natural fruit flavored choices, Fruit-Citrus and Berry-Citrus, contain at least 200% more oxygen than the normal concentration of oxygen naturally found in water. 
 

Recent News From Clearly Canadian

VANCOUVER, British Columbia--(BUSINESS WIRE)--May 2, 2006--Clearly Canadian Beverage Corporation (OTCBB:CCBEF - News) announced today that Leo J. Novosel, a former Snapple Zone Vice President, has been contracted as the Director of Sales of Clearly Canadian Beverage Corporation.

Mr. Novosel, who currently has his own beverage consulting company, has a long history of superior results in the beverage industry, starting with A & W Brands in 1983 and recently working with the Snapple Beverage Group, where he grew revenues in his "Zone" to over $100 million. Stated Mr. Novosel, "I am privileged to be joining the new Clearly Canadian team, and look forward to working with a name like Clearly Canadian that, over the years, has built such a high level of consumer loyalty and brand awareness. I am greatly encouraged by the corporate turnaround that is already underway, and am very optimistic about the new product lines being developed."

To read the entire release and disclaimer, Click Here

Press Release Source: Clearly Canadian Beverage Corporation
Tuesday April 25, 9:00 am ET

VANCOUVER, British Columbia--(BUSINESS WIRE)--April 25, 2006--CLEARLY CANADIAN BEVERAGE CORPORATION (OTCBB: CCBEF - News) announced today that Sonia Manson, former National Brand Manager at Weston Bakeries Ltd. North America's largest bakery operation, has been appointed as the Marketing Manager of Clearly Canadian Beverage Corporation.

Ms. Manson profitably championed Weston Bakeries' multi-million dollar portfolio, including Weight Watchers and Kellogg's products, by successfully leading numerous teams in the development of over 40 new and innovative products since 2001. She brings an extensive background in all aspects of packaged goods marketing, as well as a strong understanding of the distribution channels used by Clearly Canadian.

To read the entire release and disclaimer, Click Here

Press Release Source: Clearly Canadian Beverage Corporation
Tuesday April 4, 12:08 pm ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 4, 2006 -- CLEARLY CANADIAN BEVERAGE CORPORATION (OTCBB:CCBEF.OB - News) announced today that Brian O'Byrne, former President of Yoo-hoo/Orangina Beverage Company, has been appointed a member of the Clearly Canadian Advisory Board. Mr. O'Byrne presided over Yoo-hoo/Orangina from 1997 until it was sold to Cadbury Schweppes PLC in 2001. He is co-founder and CEO of the INOV8 Beverage Company, an idea shop specializing in creating new and innovative beverage concepts based in Rye, New York.

Brent Lokash, President of Clearly Canadian stated, "Brian O'Byrne is a fantastic addition to the Clearly Canadian team. His many years of experience in running profitable beverage companies will be a tremendous asset to Clearly Canadian as the company moves forward on fulfilling its stated strategic initiatives, including the launching of innovative new products and the leveraging of the brand equity of Clearly Canadian."

The Clearly Canadian Advisory Board has recently been formed to provide experienced, advisory services to the Company on strategy, marketing and new product development. The Advisory Board is chaired by James Dines, editor of The Dines Letter.

To read the entire release and disclaimer, Click Here

Press Release Source: Clearly Canadian Beverage Corporation 
Thursday March 16, 10:55 am ET 

VANCOUVER, British Columbia--(BUSINESS WIRE)--March 16, 2006--CLEARLY CANADIAN BEVERAGE CORPORATION (OTCBB:CCBEF - News) announced today that James Dines, editor of The Dines Letter, has been appointed chairman of its newly-formed advisory board. The advisory board has been formed to provide advisory services to the Company regarding high-quality product development as it moves forward on its path to growth and profitability.

To read the entire release and disclaimer, Click Here

• 04-04-06 Leading Beverage Industry Executive Appointed to Clearly Canadian's Advisory Board 
• 03-29-06 Clearly Canadian Launches Consumer Awareness Campaign with The Brainstorm Group
• 03-16-06 Prominent Investment Newsletter Writer Appointed to Head Clearly Canadian’s Newly Formed Advisory Board
• 02-20-06 Clearly Canadian Announces Appointment of Auditor
• 02-09-06 Leading Financial Newsletter Editor Discusses Latest Picks With www.wallst.net.
• 01-03-06 Clearly Canadian Announces Completion of Additional Financing with BG Capital Group Ltd.
• 12-02-05 Clearly Canadian Amends Loan Agreement with Global Holdings
• 12-02-05 Clearly Canadian Announces Additional Financing with BG Capital Group Ltd.
• 11-10-05 Clearly Canadian Enters into Distribution Arrangements
• 11-08-05 Clearly Canadian Corporate Update
• 11-02-05 Clearly Canadian Strategic Initiatives for 2006. Leveraging brand equity
• 10-18-05 Clearly Canadian Enters into System wide Distribution Agreement with Dr Pepper/Seven Up Bottling

Financial Highlights For Clearly Canadian

TO CONTACT CLEARLY CANADIAN

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