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Qele Resources Announces License on New Closure Device

Qele Resources Inc. ("Qele or the "Company") (OTCBB: QELE): Qele has executed an assignment agreement with World Sourcing & Supplier Development Inc. whereby Qele has acquired all right, title and interest in a license agreement and all developments for an innovative patented product developed by Gizmo Packaging Limited. The product is a new capping and flavor distributing system for beverages with a wide range of applications and high consumer appeal.

The device is a plastic beverage capping product which has built into it a reservoir under pressure which, when twisted by the user, releases a jet of effervescence and flavors (or vitamins, or other additives) into the beverage. The device is particularly attractive to children as it adds to the fun of a beverage. The device is also very useful for applications such as vitamin beverages as it prevents decay of vitamins that occurs with beverages that have the vitamins exposed to light in the bottle.

The Company has acquired the world-wide rights for the following beverage products: Exclusively: women's drinks, children's drinks, protein drinks, naturally sweetened drinks, organic energy drinks, pet drinks, pet water, fruit drinks, vegetable drinks, spice teas, fruit teas, enhanced water, alcoholic beverages, coffee beverages. Non-Exclusively: regular teas, green teas.

Forward Looking Statements

This current report contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this current report which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainty of financial estimates and projections, the competitive and regulatory environment for start up software companies, stock market conditions, unforeseen technical difficulties and our ongoing ability to operate a business and obtain financing. These forward-looking statements are made as of the date of this current report, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.

Although we believe that our beliefs, plans, expectations and intentions contained in this current report are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the 2008 fiscal year, our quarterly reports on Form 10-Q and our other periodic reports filed from time-to-time with the Securities and Exchange Commission pursuant to the Securities Exchange Act.


Tags: ,Food and Beverage:Beverages, Retail:Supermarkets, ,OTCBULLB,OTCBULLB,FL,BENTONVILLE, ARKANSAS

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