Russell Breweries Inc.
CNQ : BEER

Russell Breweries Inc.

June 21, 2005 16:42 ET

Russell Breweries Inc.: Former Labatt President Joins Board of Directors

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 21, 2005) - Russell Breweries Inc. (CNQ:BEER) announced that it has appointed Mr. John Morgan to its Board of Directors.

Mr. Morgan has over twenty years of experience in the alcohol beverage sector. As Vice President and General Manager of Labatt Breweries, Mr. Morgan managed each of the individual Labatt companies in Canada from Ontario west. During that time, he was responsible for the introduction of Budweiser into the Alberta marketplace. As President and Managing Director of Labatt's Breweries of Europe, Mr. Morgan started and established a significant beer business in Europe through strategic partnerships and acquisitions. And as President of Labatt's Breweries of Canada from 1990 to 1993, Mr. Morgan led a company turnaround in Canada that saw both market share and profit increase significantly. A proven leader with both "start-up" and large company experience, Mr. Morgan has been CEO of Versacold, Canada's largest cold storage service provider and Cryopak Industries Inc., a start-up temperature - controlling packaging business.

"John Morgan has over twenty years of brewery management experience," said Brian Harris, CEO, Russell Breweries Inc. "His knowledge and skill-set will be an invaluable resource to the Company during our growth period."

"I am very pleased to join the Board of Directors at Russell Breweries Inc.," said John Morgan. "For the last year, I have watched the new management team reposition the company and catapult it into a new playing field. Russell Breweries Inc. produces outstanding beer and I think they have the potential to be a dominant player in this market."

Through its wholly owned subsidiary, Russell Brewing Company Ltd., Russell Breweries Inc. has produced authentic draught handcrafted beers for fine pubs and eateries in British Columbia since 1995. Their account list includes an impressive list of top hotels, restaurant and clubs.

Contact Information