NEW YORK, July 25, 2013 (GLOBE NEWSWIRE) -- Montalvo Spirits, Inc., (OTCQB:TQLA) ("Montalvo" or the "Company) announced today that they, along with Broken Heart Spirits Limited ("Broken Heart"), a New Zealand-based company that produces a line of craft spirits including Broken Heart Gin, received approval of Broken Heart Gin's Formula by the U.S. Tax and Trade Bureau ("TTB") and has now begun the process to receive a Certificate of Label Approval ("COLA") by the TTB. The Company has a Letter of Intent to become the Exclusive U.S. Master Distributor of Broken Heart Gin following the receipt of the COLA, at which time the product may be imported into the United States. The Company hopes to launch the brand in the United States in the fall of this year.
Broken Heart Gin is produced in Queenstown, New Zealand. Nestled on the shores of crystal clear Lake Wakatipu, Queenstown is home to some of the finest water in the world. Broken Heart is handcrafted using only the highest quality ingredients, including an intricate blend of eleven botanicals.
More information about Broken Heart Gin is available on their website: http://www.brokenheartspirits.com/
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.