SOURCE: Emperial Americas
SARASOTA, FL--(Marketwire - Jul 20, 2012) - Emperial Americas, Inc. (OTCBB: TEXX) today announced a joint operating strategy with Imperial Beverage Group, LLC that will be a result of the consummation of the planned acquisition announced yesterday.
Imperial Beverage Group, LLC President Schnell Blanton said, "We are extremely pleased that we will be joining forces with Emperial Americas, as there are so many natural synergies for both companies. This new relationship will allow Imperial to become a wholesaler/distributor in Florida (the #1 Tequila consumption state), California (the #2 Tequila consumption state) and Louisiana to add to the distribution network."
Alonzo Pierce, CEO of Emperial Americas commented, "As I said yesterday, this is an incredible opportunity for the company on many fronts, but to self-distribute is huge from a monetary and operational standpoint. Imperial and Emperial are now poised to capture an entirely new market in many key states and welcome other suppliers to come join us to create brands people talk about."
Pierce also disclosed, "Ms. Blanton and I are in the process of forming a high level advisory board of known liquor industry veterans and financially bankable individuals who have been successful developing and to help guide the companies through this transaction and into the future."
Imperial Beverage Group, LLC, a distributor of fine wine and spirits, was established in 2004 and is Texas based with offices in Dallas and Houston. The Imperial Management team has a combined industry experience of over 70 years. Their established relationships in the wine and spirits industry are a reflection of the level of expertise that they bring to Imperial. Imperial employs a diverse staff of experienced sales professionals and consultants representing the product portfolio to various retail wine and spirit buyers; including restaurants, bars, hotels, independent retailers, chain grocery (Albertson's, HEB, etc.) and Warehouse Club stores. Just recently, Imperial was selected to sell and distribute Coca-Cola. Imperial has a very robust future as they have/is conducting business with American Airlines and American Eagle red and white service, Dallas Cowboys Stadium, Winetasting.com a subsidiary of 1-800-Flowers, American Airlines Center, Central Market, Sigel's, Centennial, and Spec's Liquor Chain. Imperial will also be expanding its distribution this fall into other markets Austin with an LTL carrier this fall. The company website is: www.ibevgroup.com
Emperial Americas, Inc., develops, imports, markets and supplies branded alcoholic beverages with an initial offering of Tequila and Bourbon. Emperial Americas is dedicated to creating: "The brands people talk about." The Company vision is to be the ultimate brand builders of the industry by engaging the consumer and the commerce with unparalleled delivery. You can find more about the Company at its website: www.emperialamericas.com
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of Emperial Americas, Inc.'s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.