BROOKLYN, N.Y., Sept. 22, 2008 (GLOBE NEWSWIRE) -- Aladdin Beverage (Pink Sheets:ADTD) is pleased to announce the Company's Argentinean Patagonia Blond Ale is now available for distribution.
The first order of Patagonia Blond Ale is expected to create new revenue channels for Aladdin due to the growing popularity of the Argentinean Ale. The Patagonia Blond Ale is imported from Argentina and brewed with 100% pure malted barley, hops, yeast and water. The Patagonia Brewery is the oldest in the country of Argentina, and still adheres to the traditional brewing standards established by Bavarian Duke William IV.
"We are excited about receiving the first order of Patagonia Blond Ale, and we look forward to future orders for Patagonia, as well as others from our other breweries in the months ahead. This is the beginning of a new phase for us and we look forward to growing this market to its fullest potential," stated Ted O'Connor, CEO Aladdin Beverage.
Aladdin Beverage recently announced that the Company's CEO, Ted O'Connor, was featured in a live radio interview with Traders Nation(tm), hosted by Kurt Schemers. Mr. O'Connor discussed the Company's plan to import and market beers from emerging breweries around the world. Aladdin Beverage's business strategy includes developing relationships with breweries whose products have attractive packaging, taste, and brands that are developing growth within its domestic market.
About Aladdin Beverage:
Headquartered in New York City, Aladdin is a leading fine craft beer and ale importer serving the North American markets. Aladdin's goal is to be known as the top beer importer to North America, with only quality and forward-thinking brands in its portfolio. Its mission is to generate sustained growth for all the brands in its portfolio and generate maximum return on investments. For more information about Aladdin Beverage, please visit the Company Web site at www.aladdinbeverage.com.
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Forward-looking statements in this report are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We wish to advise readers that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements, including, but not limited to, the following: our ability to meet our cash and working capital needs, our ability to successfully market our product, and other risks detailed in our periodic report filings with the Securities and Exchange Commission.