September 25, 2008

Bebida Beverage: Guppy Water Receives Valued Reception

Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets:RNVO), announced today that the company's newly announced Guppy Water bottled spring water has received a valued reception during presentations and discussions with distribution affiliates.

The company recently unveiled Guppy Water which will be offered in a youth friendly serving size of 8 fl oz. The bottle features an appealing logo design that includes an enticing, friendly cartoon character fish.

Distributors that were provided the invitation and opportunity to preview Guppy Water's logo and artwork design have embraced the product's marketplace appeal. Guppy Water's genuinely fun and youth oriented appeal has been very well received by distribution affiliates.

The company is working with distribution affiliates to coordinate initial production and distribution arrangements for Guppy Water. While during the preliminary ramp-up stage of product distribution, the timing is premature to be able to provide accurately detailed revenue projections for Guppy Water, however the company will strive with confidence to reach revenue and distribution goals on par with that of Piranha Spring Water.

Additionally, Bebida Beverage would like to confirm that the company is in the early stages of new product development for the company's upcoming entry into the energy drink marketplace. Additional information and updates will be forthcoming.

Safe Harbor This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

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