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Wednesday, October 07, 2009 7:29:17 AM
Patrick Kenny, the Company's Chief Executive Officer, said, "We are encouraged by the growth in our Spirits lines of business. The combination of the growth of our Spirits business and the strong response to our beer introduction positions the Company well for the future. Revenue growth should be further supported in the coming quarters as we continue to rebuild our spirit brands inventory levels. We are using all our resources to meet the production requirements for the sales orders we have received."
Kenny further added, "Our orders that we are producing now for spirits indicate that business is up 75% before we factor in BADASS BEER, now selling in Michigan. We expect our inventory build on spirits and our expansion into the beer business to positively impact the coming quarters."
To see press release go to http://myprgenie.com/2638
Contact: Charles Davidson, cdavidson@drinksamericas.com, 203-762-7000
SOURCE Drinks Americas Holdings, Ltd.
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