WILTON, Conn., Sept. 6, 2011 (GLOBE NEWSWIRE) -- Drinks Americas Holdings, Ltd. (OTCBB:DKAM), a leading importer, developer and marketer of beverage products, announced that sales for the Company's second quarter that commenced in August will exceed $500,000. Sales in this second fiscal quarter will surpass total annual sales for the prior fiscal year. In the first weeks after the conclusion of Drinks Americas' transaction with Worldwide Beverage Imports, LLC, the Company has sold approximately $500,000 and is continuing to expand distribution of its new portfolio of KAH Tequila, Ed Hardy Tequila, Agave 99 Tequila, Mexicali Beer, Chili Beer and Red Pig Ale, along with continuing sales of Old Whiskey River Bourbon and Rheingold Beer.
Sales of KAH Tequila have led Company growth. KAH Tequila is a product of Fabrica de Tequilas Finos S.A. de C.V. crafted from hand selected 100% Blue Agave with Blanco, Reposado and Anejo varieties that are all certified organic and Kosher. KAH's distinct hand crafted bottles are designed to pay reverence and honor to Mexico and its people. The word KAH translates to "life" in the ancient Mayan language. KAH Tequila has won Gold Medal Awards at the Spirits of Mexico Festival and The Beverage Dynamics Advertising and Promotion Awards for Best New Packaged Product. Each unique KAH Tequila bottle is a hand crafted work of art with no two bottles decorated the same.
J. Patrick Kenny, President and CEO of Drinks Americas, said, "We are very excited about our sales growth and the immediate results from our transaction with Worldwide Beverage Imports, LLC. Distributor and retailer interest in KAH Tequila is extremely strong. Our goal is to be in the market with full production in time for the holidays with KAH, which is a perfect theme and gift item for holiday retail sales. The brand is very exciting with packaging making a key point of difference along with very high quality tequila that consumers like."
About Drinks Americas
Drinks Americas develops, owns, markets, and nationally distributes alcoholic premium beverages including KAH Tequila, Ed Hardy Tequila, Agave 99 Tequila, Willie Nelson's Old Whiskey River Bourbon, Olifant Vodka, Mexicali Beer, Chili Beer, Red Pig Ale and Rheingold Beer.
For further information, please visit our new websites at www.globenewswire.com/newsroom/ctr%3Fd=219167%26l=6%26a=www.drinksamericas.com%26u=http%253A%252F%252Fus.lrd.yahoo.com%252F_ylt%253DAlpMhNvHZWUikE2xaMEOD0ixcq9_%253B_ylu%253DX3oDMTE2azAyMzFvBHBvcwMyBHNlYwNuZXdzYXJ0Ym9keQRzbGsDd3d3ZHJpbmtzYW1l%252FSIG%253D113rdq7k8%252F%252A%252Ahttp%25253A%252Fwww.drinksamericas.com%252F">www.drinksamericas.com and www.globenewswire.com/newsroom/ctr%3Fd=219167%26l=6%26a=www.rheingoldbrewingcompany.com%26u=http%253A%252F%252Fwww.rheingoldbrewingcompany.com%252F">www.rheingoldbrewingcompany.com.
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Safe Harbor
Except for the historical information contained herein, the matters set forth in this release, including the description of the company and its product offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.