By GlobeNewswire, September 18, 2013, 08:48:00 AM EDT
MOORPARK, Calif., Sept. 18, 2013 (GLOBE NEWSWIRE) -- Montalvo Spirits, Inc. (OTCQB:TQLA) ("Montalvo" or the "Company"), a developer, marketer and distributor of premium alcoholic beverages, announced today that they have entered into a sales and marketing agreement with Prestige International Exports, LLC ("Prestige"). Prestige will represent the Montalvo Spirits portfolio brands in certain international markets, as well as provide sales and marketing support for Montalvo Tequila and Broken Heart Gin throughout the state of California, and will assist the Company in attempting to secure distribution in additional markets in the U.S.
"We are pleased to enter into the agreement with Prestige to expand the Montalvo Spirits brands internationally and to continue our growth in California," said Carlos Gonzalez, COO of Montalvo. "This will be a cost effective way to introduce our portfolio of premium spirits to the international markets," added Gonzalez.
"We are excited to begin our relationship with Montalvo and look forward to a long and successful partnership," commented Scott Dufrane, Managing Partner of Prestige.
"It is our belief that Montalvo Tequila is of the utmost quality and taste. Truly one of the finest tequilas on the market, which is why we are so excited at the opportunity to represent such a premium brand," added Ross Randolph, Managing Partner of Prestige.
About Montalvo Spirits, Inc.
Montalvo Spirits, Inc. develops, markets and distributes premium alcoholic beverages, with its initial offering being the award-winning Montalvo Tequila. The Company plans to focus on artisanal spirit brands with a tradition of excellence and quality. Additional information concerning the Company is available on the Company's website: http://montalvospirits.com
About Prestige International Exports, LLC
Prestige International Exports specializes in supplying the international market place with the finest California Wines, American Craft Brews, and Premium Distilled Spirits. We represent and source premium quality brands, that we can guarantee both quality and consistent supply to overseas importers. For more information, visit www.piexports.com
Forward Looking Statements: Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Montalvo Spirits, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Montalvo assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission ("SEC"). There may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
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Source: Montalvo Spirits, Inc.