NEW YORK, June 12, 2013 (GLOBE NEWSWIRE) -- Montalvo Spirits, Inc., (OTCQB:TQLA) ("Montalvo" or the "Company) a developer and distributor of craft spirits, including its award-winning debut brand Montalvo Tequila, today announced the formation of a newly established Advisory Board to assist management in developing distribution and operational strategies as well as help the Company identify potential portfolio brands.
The Company plans to appoint and introduce the initial members of the Advisory Board in the upcoming weeks. The Advisory Board will consist of respected members of the wine and spirits industry who will bring decades of collective experience to the Company.
"We are excited to gain the participation of experienced and well-respected personalities for our advisory board. This is an important step towards the professional and successful growth of Montalvo Spirits," said Alex Viecco, CEO of Montalvo.
"We view the ongoing assistance and advice to be provided by the advisory board as a commitment to the sustainability of our company," added Viecco.
About Montalvo Spirits, Inc.
Montalvo Spirits, Inc. develops, markets and distributes premium alcoholic beverages, with its initial offering being the award-winning Montalvo Tequila. The Company plans to focus on artisanal spirit brands with a tradition of excellence and quality. Additional information concerning the Company is available on the Company's website: http://montalvospirits.com
Forward Looking Statements: Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Montalvo Spirits, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Montalvo assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission ("SEC"). There may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.