STI Signature Spirits Group Announces New Partnership
NEW YORK, March 9, 2015 /PRNewswire/ -- STI Signature Spirits Group, LLC, (hereinafter the "Company") a division of Accel Brands, Inc., (OTC Pink: ACLP), has formed a strategic partnership with RJ Henderson Corp, Inc., owner of the Bungalow 23 brand of Culinary Cocktails Mixers to develop cross promotional sales and marketing activations featuring B23's award winning line of Mixers and the Company's, premium infused, tequila, Tiny's Tequila. The Company has developed several, signature cocktails featuring B23 mixers and has also agreed to assist B23 in its sales and marketing efforts in select markets. The two parties will also explore other opportunities, such as the development of a seasonal gift pack featuring the two brands.
Bungalow 23 Culinary Cocktail Mixers address a void in the adult beverage market. Americans have regained their taste for cocktails - premium spirits are a $72B/yr industry in the U.S., and craft cocktails have become common place on bar and restaurant menus. The challenge for most bars, restaurants and home consumers is that craft cocktails can be complex, cumbersome and costly. What people and businesses need is a line of cocktail mixers, equal in quality to premium spirits, that allow anyone to quickly and easily create an exceptional, consistent craft cocktail. Rick Ferrone, creator of Bungalow 23 stated, "Because Tiny's Tequila is 100% natural we feel that it is best served with high quality all natural cocktail mixers that follow the same principles - starting with the finest ingredients to craft a smooth, complex and delicious drink, void of additives and artificial ingredients." Just like Tiny's Tequila, Bungalow 23 uses the world's finest ingredients, such as: Willamette Valley Blueberries, Wenatchee Valley Pears, Salinas Valley Prickly Pears, French Lavender, Organic Agave, Ginger Root, Fresh Cilantro and Lemongrass. In its first year on the market, Bungalow 23 Culinary Cocktails received several honors, including a Gold medal at the San Francisco World Competition, two Platinum medals at the SIP International Spirits Competition and a 93 point rating from the Beverage Testing Institute, to name a few.
In addition to being sold in numerous retail outlets across the country, Bungalow 23 is currently being served in craft cocktails at several clubs, lounges and restaurants. Most notable is the Orlando Hyatt Regency, which uses Bungalow 23 in 8 of the 11 cocktails they offer at their Fiorenzo Steakhouse. Robert Montgomery, STI's, CEO, stated "As we continue to offer Tiny's Tequila to more premium off premise accounts, our new partnership with Bungalow 23 will enable our Chief Mixologist, Shaleah King, to develop, easy to make, great tasting signature cocktails, that will enable our customers to introduce more people to our premium infused Tequila through craft mixolology".
About STI Signature Spirits Group, Inc (www.stisignature.com):
STI Signature Spirits Group, LLC, is a brand development, management, sales and marketing company founded in 2013 with a primary focuses on the wine and spirit sector. The company currently owns and operates two brands, Tiny's Tequila (www.tinystequila.com) and Copa Imperial Tequila (www.copaimperialtequila.com). The company plans to continue building its' platform through strategic partnerships, brand creation and acquisitions in the spirit and wine sector.
About Accel Brands, Inc (www.accelbrandsinc.com):
The mission of Accel Brands, Inc., is to create a dynamic, vertically integrated, beverage holding company, through acquisitions, brand development, joint ventures, and exclusive sales and marketing agreements. The Company's planned strategy focuses on small revenue generating companies that have young, niche brands with superior products and high potential for growth in key domestic and international markets.
About RJ Henderson Corp. (www.B23mixers.com):
RJ Henderson Corp is the owner and manufacturer of Bungalow 23 Culinary Cocktail Mixers. The company's mission is to create the world's finest cocktail mixers to pair with premium spirits. Bungalow 23 uses only the best, all-natural ingredients available and crafts them into complex, well-balanced cocktails. This innovative line of products makes it fast and simple for anyone to "craft" their own great cocktail, whenever they want.
Forward-Looking Statements
This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict and include statements regarding the contribution of our distribution contracts and our future growth. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in the forward-looking statements include, among others, an inability to maintain the distribution agreements or for such agreements to generate the anticipated sales and other factors described in our report on Form 10-K for the year ended 10K for the Year ended December 31, 2014 and any other filings with the SEC. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law. Copies of these filings are available at www.sec.gov.
SOURCE Accel Brands, Inc/STI Signature Spirits Group
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