Glacier Water Services Inc. Files For Initial Public Offering

Glacier Water Services, Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined. The shares of common stock to be sold in the offering are expected to be offered by Glacier and certain of its stockholders.

William Blair & Company, L.L.C. and SunTrust Robinson Humphrey, Inc. are acting as the joint book running managers and Canaccord Genuity Inc. is acting as the co-manager for the offering.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

Glacier Water owns and operates the largest network of filtered drinking water vending machines in the U.S. and Canada, with approximately 19,600 machines in place at food, drug, mass and convenience retailers. The machines apply a 5-step filtration process that removes particles and impurities to produce high-quality, great-tasting drinking water that is dispensed into 1- or 5-gallon containers provided by the customer.

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