Russell Breweries Inc.

Russell Breweries Inc.

September 08, 2009 13:26 ET

Russell Breweries Inc. Ranked One of BC's Top Growing Companies

Sees Revenue Growth Climb 3100% from 2004

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2009) - Russell Breweries Inc. (TSX VENTURE:RB), a premium Western Canadian microbrewery, is pleased to report that it has been awarded sixth place on Business in Vancouver's ("BIV") top 100 fastest – growing companies for 2009.

BIV, Vancouver's weekly business newspaper, reported in its September 8th issue that the Company had sales of about $150,000 when acquired by existing management in 2004 and by the end of 2008, the end of five year comparative period, sales were $5.2 million.

"We are really pleased to place so well on the list considering that BC is home for many of the top mining and technology companies and we are a more traditional manufacturing business," says Brian Harris, CEO.

Mr. Harris adds, "With a constant focus on producing high-quality products, we have been growing our brands organically and by strategic acquisitions. We are now distributing our products in all four western provinces and have brewing operations in two. Our plan is to become a national player and we hope we will still be on next year's top 100 list."

One of BC's fastest growing companies, Russell Breweries Inc. produces premium beers in Western Canada in breweries located in BC and Manitoba. All products are held to the highest quality standards, brewed without any preservatives, ensuring that the passion that goes into crafting the beers comes through in the taste. Russell is a public company trading on the TSX Venture Exchange under the symbol "RB".

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Russell Breweries Inc.
    Brian Harris
    Direct: 778.846.2331