BROOKLYN, N.Y., Oct. 7, 2008 (GLOBE NEWSWIRE) -- Aladdin Beverage (Pink Sheets:ADTD) is pleased to announce that the Company has implemented a new sales and marketing campaign to start promoting and distributing its Argentinean brewed Patagonia Blond Ale. The Company received its first shipment of Patagonia Blond earlier this month.
The Company introduced the Patagonia Blond Ale at this year's World Beer Cup 2008. A relative new comer in the U.S. beer industry, the Company expects to see consistent sales growth for the Patagonia Blond Ale. Aladdin Beverage expects to yield high profit margins for importers and distributors due to consumer demand for unique micro brewed beers. The Patagonia Blond Ale is brewed with 100% pure malted barley, hops, yeast and water and adheres to the traditional brewing standards established by Bavarian Duke William IV.
"Our first week of sales with Patagonia Blond Ale have surpassed our expectations and we are extremely pleased with how the brand is being positioned in the market. We look forward to sending out press release updates to our investors about good sales and revenue news in the near future," stated Ted O'Connor, CEO Aladdin Beverage.
For more information about the Patagonia Brewery, please visit: www.cervezapatagonia.com.
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.
The Aladdin Beverage logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5307
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.