JACKSONVILLE, Fla., Nov. 24, 2008 (GLOBE NEWSWIRE) -- Liquor Group Wholesale (OTCBB:LIQR) advises that period over period product sales are up across all 31 U.S. states where it wholesales alcohol beverages; however Idaho, Montana, Oregon, Pennsylvania, Washington and Wyoming sales are up substantially, all with triple digits increases over the same period last year.
Increases exclude back orders from various suppliers scheduled to hit shelves late November, which will drive up sales further. Many brands report having trouble meeting demand that Liquor Group's sales force has generated for their products. Since no bank facilities are used by Liquor Group, it continues to grow in this credit starved environment.
"This dramatic sales increase is attributed in part to the expansion of our portfolio as well as to additional brand recognition that many unique Liquor Group products have earned, coupled with the reputation for hard work and dedication to sell-through our Liquor Group sales representatives have in the market . . . " says C. J. Eiras, CEO of Liquor Group Wholesale: ". . . there's no 'Bailout' needed here, we can thank our loyal customers for that!"
About Liquor Group Wholesale
Liquor Group Wholesale is an emerging liquor and wine distribution company representing more than 1700 spirits and wine products with operations in 31 U.S. States. Our company is focused on providing a distribution channel for Mid-Market, Nationally recognized alcohol beverage products. Liquor Group Wholesale is publicly traded under the symbol LIQR. Information on Liquor Group Wholesale's financials and business operations is available on our website: www.LiquorGroup.com
The Liquor Group Wholesale, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5642
Safe Harbor
Except for the historical information contained herein, the matters set forth in this press 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.