SOURCE: Panache Beverages, Inc.

Panache Beverages, Inc.

March 05, 2014 09:48 ET

Alibi American Whiskey Awarded Beverage Testing Institute's Gold Medal

NEW YORK, NY--(Marketwired - Mar 5, 2014) - Alibi American Whiskey has received the Gold Medal award from the Beverage Testing Institute and earned an "exceptional" rating of 91 out of a possible 100 points. Alibi American Whiskey, which retails for $23.99 per 750ml bottle, was praised as "very fun, flavorful and a sure bet for cocktails."

The Institute also described Alibi as having "aromas of buttery cashew brittle and dried fruit pastry with a silky, fruity-yet-dry medium-to-full body and a white chocolate toffee, mint, and pepper spice accented finish." The Beverage Testing Institute's International Review of Spirits is widely regarded as the most prestigious annual spirits competition in the United States.

A counterpoint to current mainstream market trends, Alibi has set out to demystify the whiskey category by offering a more accessible product as a return to the true American brown-spirit drinking tradition, free of pretension. Alibi is a smooth, 90 proof corn-based blended whiskey that contains elements of rye and malted barley aged in first-fill American oak casks. 

Anthony Dias Blue, the Editor-In-Chief of The Tasting Panel, also recently awarded Alibi with an exception rating of 91 points out of 100 in its January 2014 issue. The publication described the spirit as "smooth, ripe and lush with notes of black teas and vanilla; mellow and rich with spice wood and generous style; long and balanced."

For more information visit www.alibiwhiskey.com

About Panache Beverages

Panache Beverages, Inc. (OTCQB: WDKA), based in New York, NY, is an alcoholic beverage company specializing in the development, global sales and marketing of spirits brands. The company's expertise lies in the strategic development and aggressive early growth of its brands establishing its assets as viable and attractive acquisition candidates for the major global spirits companies. Panache intends to build its brands as individual acquisition candidates while continuing to develop its pipeline of new brands in to the Panache portfolio. Panache's existing portfolio contains three brands: Wódka Vodka, Alchemia Infused Vodka and Alibi American Whiskey.

Safe Harbor 

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. This press release may contain certain statements of a forward-looking nature relating to future events or future business performance. Any such statements that refer to the Company's estimated or anticipated future results or other non-historical facts are forward-looking and reflect the Company's current perspective of existing trends and information. These statements involve risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, risks and uncertainties detailed in the Company's Securities and Exchange Commission filings, including the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The forward-looking statements speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.

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