AQUAGOLD International, Inc. (PINKSHEETS: AQUI) Announces the Nomination of Daniel Sauvé to the Position of President & CEO

LAS VEGAS, NV and MONTREAL announced today that Daniel Sauv� has been nominated to the position of President and CEO of the company. Mr. Sauv� earned this vote of confidence based in part on his 15 years of experience in health related fields allowing him to gain on knowledge in water research and development, as well as 5 years of managerial experience in food distribution, operations and sales to give direction to AQUAGOLD, and he will lead the company into this most important phase of its existence.

Manuel Da Silva has resigned as Chairman, President & CEO and Director of the Company in order to focus his attention on private matters.

This is a great time for AQUAGOLD and Daniel Sauv� has the support of the whole team in this exciting new chapter for the company.

About AQUAGOLD International, Inc.

"AQUAGOLD" branded premium Canadian Spring Water is presently being shipped into China. In 2005, sales of bottled water in China experienced strong growth of 16% (liters) and 15% (RMB/$) to reach 11.2 billion liters and RMB24.1 billion or $3.17 billion USD in volume and current value terms.

AQUAGOLD is actively pursuing additional growth and is focused on growing market share in China as well as the rest of Asia, and the Company anticipates even more substantial opportunities in the near future as the Chinese capital city of Beijing hosts the 2008 Olympic Summer Games.

About EricDavid & Sons, Inc.

Specializing in investor relations, EricDavid & Sons, Inc. is a financial management, marketing and consulting firm that retains as clients only those who are perceived to offer unusual products or services with the potential to command a dominant position in their respective industry/marketplace and publicize companies with unique products services offerings whose stock is undervalued in relation to their long-term earnings potential.

Forward-Looking Statements

This news release contains forward-looking statements made by AQUAGOLD International, Inc. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.

Company Contact: Investor Contact Steven Weiss EricDavid & Sons, Inc. 609-529-3671 Daniel Sauve AQUAGOLD International, Inc. 514-886-9079

Aquagold (CE) (USOTC:AQUI)
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