DES MOINES, Iowa, May 4, 2009 (GLOBE NEWSWIRE) -- Liquor Group Wholesale (OTCBB:LIQR) Vice President for Control State Operations Steven Dodge announces that the Iowa ABD has granted Liquor Group an upgraded Certificate of Compliance as a Vendor to the Iowa ABD. "This allows us to begin selling a wider range of Liquor Group represented brands on a regular basis..." says Dodge "...further expanding the many emerging and mid-market brands that we represent."
The Happy (www.DrinkHappy.com) line of spirits will be among the first brands introduced by Liquor Group into the state under this new license. "I have been in contact with the Iowa ABD who expressed their desire to bring many of our products into the market immediately because they have requests to fill from consumers," said Dodge. As Liquor Group Wholesale continues to integrate more of its portfolio throughout the 31 U.S. States wherein it operates, it also simultaneously actively seeks acquisitions in the distribution arena.
Liquor Group also completed a brokerage agreement with St. Louis MO based Luxco (www.Luxco.com) to broker Liquor Group products in Iowa. "Luxco is a strong and reliable brokerage house that knows the Iowa market. We are very excited about this new relationship between our firms and are looking forward to strong sales from Iowa State Manager Jeremy Thompson and his excellent sales team," said Dodge.
About Liquor Group Wholesale
Liquor Group Wholesale (OTCBB:LIQR) is an emerging liquor and wine distribution company representing more than 1700 spirits and wine products with varying degrees of operations in 31 U.S. States. More information available at 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.