IFBC is Poised to Penetrate the Singapore Wine Market

PLAINVIEW, NY, April 12, 2018 (GLOBE NEWSWIRE) -- Italian Food & Beverage Corp. (OTC PINK: IFBC) has submitted one of its fine wines for tasting by a very well-known Singaporean wine expert, Mr. George Wong.  The wine, Barbera d’Asti, from the Region of Piemonte Italy, was extremely well received in the tasting, which served to encourage IFBC to penetrate the Singapore market with its other fine Italian regional wines.  

This successful first step caps a year-long effort by IFBC to gain acceptance in the Asian market and beyond.  Mr. Wong’s high marks will catapult IFBC’s wine-purveyor’s reputation to a deserving respectability. Mr. Wong, the founder of The Asian Wine Lovers Club, is a professor at the famous Bordeaux Wine School. He holds a Wine MBA, and has been nicknamed by Asian Entrepreneur Magazine as “The God of Wine”.  Mr. Wong has established a business in the wine industry to further educate oenophiles, and he works closely with local Asian wine distributors on brand development, market positioning and the elevation of brands to greater visibility. 

Under the focused direction of Ms. Lai Chan Foo, IFBC’s Director-In-Charge of The Asian Market, IFBC has established a promising foothold in Singapore and the rest of Asia for the importation of fine Italian wines, the evolution of which will result in the eventual penetration of the US market.

About Italian Food & Beverage Corp. Italian Food & Beverage Corp. establishes and develops brands committed to fulfilling customer needs throughout the world while providing the finest experiences based on the Italian wine and food culture. IFBC operates as an importer, exporter, merchant, distributor, and dealer of fine wine and food products. The Company and its subsidiaries have established wholesale distribution headquarters, offices and warehouses in several countries including Italy, Singapore, and the UK.


Forward-Looking Statements This release contains "forward-looking statements" and information provided by Italian Food & Beverage Corp. such as online, printed documents, publications or information available via its website. It may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause the Company's results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. These statements may also include plans, strategies, and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing. There can be no assurance that the negotiations being considered by the letter of intent will be completed.


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