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$ISBG International Spirit & Beverage Group Enters Into Letter of Intent to Import New Ultra Premium Rum Brand

May 25, 2017
OTC Disclosure & News Service

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LAS VEGAS, May 25, 2017 (GLOBE NEWSWIRE) -- International Spirit and Beverage Group Inc. (OTCPK:ISBG), a Nevada based alcoholic beverage company specializing in the development, marketing and global sales of innovative wine and spirits brands, is pleased to announce that it has entered into a Letter of Intent to import the Caribbean based Tiger Reef® brand of ultra premium rums into the United States.

Pursuant to this Letter of Intent, ISBG will assist Tiger Reef with obtaining US regulatory approval, including COLA and TTB certification and bottle/label design approval, for all three of Tiger Reef’s rums. Once Tiger Reef rums are legally allowed into the US, ISBG will continue to work with Tiger Reef as the importer of record and to help develop the US market for this exclusive brand, including facilitating and making key introductions in respect to distribution, marketing, warehousing, and retailers.

Both companies anticipate effecting definitive agreements in support of this Letter of Intent within the next 90 days.

“We are thrilled to add the Tiger Reef® brand of ultra premium rums to our growing portfolio of top-shelf spirits,” said Alonzo Pierce, President and Chairman of ISBG. “This is a tremendous opportunity for ISBG to make its mark on the very exciting and rapidly growing top-shelf rum segment of the distilled spirits market.”

About Tiger Reef: Tiger Reef, Inc. (OTCQB:TGRR) is a diversified producer of ultra premium rums under the Tiger Reef® brand and a developer of casual dining restaurant properties in the Caribbean under the Mermaid Reef Ocean Grill & Lounge™ brand. For more information, visit www.tigerreefinc.com.

About ISBG: ISBG is a Nevada-based alcoholic beverage company specializing in the development, marketing and global sales of innovative wine and spirits brands. The Company's expertise lies in the strategic development and aggressive early growth of its brands and establishing these brands as viable and profitable. ISBG intends to build its own brands while seeking out individual acquisition candidates to continue to develop its pipeline of new brands into the ISBG portfolio. For more information visit: www.isbg.global.

Forward Looking Statements: This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including "could", "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company's reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.


For Additional Investor Information: International Spirit & Beverage Group, Inc. [e-mail]
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