SOURCE: Panache Beverages, Inc.

October 23, 2013 13:35 ET

Panache Beverages, Inc. Outlines Phased Growth Approach

NEW YORK, NY--(Marketwired - Oct 23, 2013) - Panache Beverages, Inc. (OTCQB: WDKA), an alcoholic beverage company specializing in the development, global sales and marketing of spirits brands, held its first town meeting on Wednesday, October 16th in Miami Beach, Florida and discussed its current growth strategy.

CEO James Dale outlined a three-phase growth strategy for the Panache business and its brands. Shareholders were informed that Panache has just completed its first phase, building the foundation, which included establishing Panache as a true portfolio company, vertically integrating the business with the distillery acquisition, expanding its sales and marketing infrastructure and beginning to unlock alternative revenue streams.

Also discussed was the company's current phase of organic growth, including its continued focus on supporting existing base brands Wódka Vodka, Alibi American Whiskey and Alchemia Infused as well as the future addition of new brand extensions.

The final phase outlined was the company's accelerated growth phase where Panache will seek acquisitions to compliment its existing portfolio, strategic alliances with major spirits suppliers or a possible brand or company sale.

"Panache has a clear vision for its future and is also keenly aware of its strengths and limitations," Dale explained. "Articulating this vision to our shareholders was very important and something which we will continue to update them on in the future."

A video of the town hall and the corresponding documents presented were made available in an 8K filing on October 17th and can be found at; https://vimeo.com/77161176; password: townmeeting1.

About Panache Beverages, Inc.

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 (www.weloveWódka.com), Alchemia Infused Vodka (www.alchemiainfused.com) and Alibi American Whiskey (www.alibiamerica.com). 

For more information visit: http://www.panachespirits.com

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.

Contact Information

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    Neil Alumkal
    Stuntman PR
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    (212) 242-0002