SOURCE: SHOT Spirits Corporation

SHOT Spirits Corporation

February 03, 2009 12:13 ET

SHOT Spirits Corporation Announces Strong Growth Forecast in 2009 (New Symbol SSPT.PK)

IRVINE, CA--(Marketwire - February 3, 2009) - SHOT Spirits Corporation (PINKSHEETS: SSPT) has reported strong growth is expected to continue in 2009 after the Beverage Pouch Group reported a 35% increase in case sales of the ShotPak® brands in 2008.

Bill Marin, President of SHOT Spirits Corporation, stated, "In 2008 operating expenses were dramatically reduced, allowing us to concentrate on our product development technology and four new ShotPak® cocktail recipes that will be marketed by the Beverage Pouch Group in 2009. This addition brings the number of ready-to-drink cocktails to eight. The pre-sell market for these new cocktails has been phenomenal."

R. Charles Murray, the Chairman of Beverage Pouch Group, commented, "2008 was a tough year in which we still exceeded our sales and market expectations for the two ShotPak® brands. Both ShotPak® cocktails and the STR8UP® spirits were well accepted in the eight states and two export markets we operated in. We believe 2009 will be even better with more products, increased export markets and increasing number of states to sell our brands."

SHOT Spirits Corporation (formerly ShotPak® Inc. NV) has a technology and royalty agreement, as well as a 15% ownership in the Beverage Pouch Group, LLC which owns the ShotPak® brands.

Information on SHOT Spirits Corporation:

SHOT Spirits Corporation, an Irvine, California-based company since 2003, is an investment company looking to partner with beverage businesses. It offers recipe technology and management skills. The first investment and technology deal is with the Beverage Pouch Group LLC owners of the ShotPak® brands and access to several key pouch patents. The Directors have over 50 years of combined experience and expertise in alcohol distilling, distribution and field marketing, retail placement and promotion as well as consumer trial and adoption. For more information about SHOT Spirits Corporation, please visit us at: www.shotspiritscorporation.com.

Information on Beverage Pouch Group LLC:

Beverage Pouch Group LLC, a Sarasota, Florida-based company since 1996, is the leading provider of StandUp pouch machinery through its parent Company PPi Technologies Global in North America. BPG is a prolific innovator of pouch designs and structures for lifestyle beverages, including Natural and Fortified Waters, all types of cocktails and straight spirits, wines and draft beers in patented soft portable single serve and sustainable StandUp pouches. The Beverage Pouch Group is truly global with plants in Germany, Korea, South Africa and China. BPG's pouch machinery is the industry standard. For more information on the Beverage Pouch Group LLC visit us at: www.beveragepouchgroup.com.

Safe Harbor: Except for statements of historical fact, the matters discussed in this fact sheet are forward looking. These statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These statements include risks and uncertainties that include the Company's ability to attract and retain distributors; changes in demand for the Company's products; changes in the level of operating expenses; changes in general economic conditions that impact consumer behavior and spending; product supply; the availability, amount, and cost of capital for the Company; and the Company's use of such capital and any additional risks factors as discussed in the reports filed by SHOT Spirits Corporation.

Contact Information

  • Contact:
    SHOT Spirits Corporation
    Tel: 800.511.5609