MLMN News out today, looks like the still want Bong Spirits
Millennium Prime (MLMN) Acquires Bong Spirit Import's Super Premium Vodka(TM)
Date : 04/19/2010 @ 7:00AM
Source : PR Newswire
Stock : Millennium Prime (OTC) (MLMN)
Quote : 0.11 0.0 (0.00%) @ 2:05AM
Millennium Prime (MLMN) Acquires Bong Spirit Import's Super Premium Vodka(TM)
Millennium Prime (MLMN) Acquires Bong Spirit Import's Super Premium Vodka(TM)
PR Newswire
MIAMI BEACH, Fla., April 19
MIAMI BEACH, Fla., April 19 /PRNewswire-FirstCall/ --
Millennium Prime, Inc. (Pink Sheets: MLMN) has entered into an agreement to acquire 100% of Bong Spirit Imports, LLC, the creator of Super Premium Vodka™ from Holland. Upon closing the transaction, Jimi Beach, co-founder & artistic director of Bong Spirit Imports will join the Board of Directors of Millennium Prime.
Bong Spirit's Super Premium Vodka™, commonly called "Bong Vodka" by loyal followers, forms the cornerstone for a lifestyle product offering built on superior quality and design. With the most distinctive bottles on the market, literally wrapped in art and design, Bong Spirit's Super Premium Vodka™ never goes unnoticed. Amongst many accolades received, it was the 2009 Gold Medal Winner for "best unflavored vodka" at the International Wine and Spirits Competition held in the United Kingdom. Artwork on the bottles is contributed by the art community through the collaborative efforts of the Spirit of the Brand™ program (www.spiritofthebrand.com), which seeks out designers, artists and musicians from today's street culture who collectively define the artistic image of "Bong Spirit®."
As part of their beverage strategy, Millennium Prime will look to market and sell a portfolio of premium alcohol beverages aligned to the lifestyle trends of the Generation-Y marketplace. "We are very proud to bring Bong Spirit's Super Premium Vodka™ into our portfolio as the cornerstone lifestyle beverage brand," said John F, Marchese, CEO of Millennium Prime. "Bong Spirit has achieved an impressive level of success with industry awards for taste and design, attained wide scale distribution through the nation's largest distributor in Southern Wine & Spirits of America, and penetrated some of the most style conscious and premiere on and off premise accounts throughout the country."
"We are completely excited about the alignment and synergy that this combination of efforts presents," said Jimi Beach, Artistic Director of Bong Spirit Imports, LLC. "Bong Spirit has proven to be a sustainable grass-roots hit in the demanding underground scene, and our merger will allow us to broaden the brand's reach and growth, without straying from the edge that our core customer demands."
About MILLENNIUM PRIME
Millennium Prime (OTC:MLMN.pk) develops, acquires and markets innovative lifestyle brands with superior quality, design and style for the Millennial marketplace. We will enter lifestyle product markets and establish business units focused on brand categories where we can achieve a clear and authentic leadership position within the Generation-Y demographic. Our growth strategy combines the use of strategic acquisition, organic growth, and innovative invention to serve our Millennial trendsetter focused strategies. Superior Lifestyle Brand Innovations for the Millennial Generation: www.millenniumprime.com
About BONG SPIRIT IMPORTS, LLC
Bong Spirit Imports (www.bongspirit.com) markets designer spirit beverages that speak to the world's growing passion for premium liquors. Bong Spirit's Super Premium Vodka™ is an award winning libation that fuses together today's designer attitude, with an age-old Dutch product of exceptional quality, packaged in our distinctive bottles that are literally wrapped in art and design. The progressive fashion of Bong Spirit products unites various lifestyles together in spirit, by way of expressionism and appreciation for music, art and culture.
Forward-Looking Statements
This release contains "forward-looking statements" and information provided by Millennium Prime, Inc., such as online, printed documents, publications or information available via Millennium Prime's website, may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause Millennium Prime's results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates," and similar words. These statements may also include plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing.
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