SIPP Industries Inc.
PINK SHEETS : SIPC

April 27, 2011 15:00 ET

SIPP Industries Inc. (SIPC) Introduces Merger Candidate: Palm Beach Specialty Coffee LLC

HENDERSON, NEVADA--(Marketwire - April 27, 2011) -SIPP Industries Inc. (PINK SHEETS:SIPC) is pleased to introduce its merger candidate: Palm Beach Specialty Coffee LLC (www.palmbeachcoffee.com).

SIPC has been searching for a suitable merger candidate in the beverage industry. It's of the opinion that Palm Beach Specialty Coffee will be the perfect fit as its new subsidiary.

Palm Beach Specialty Coffee was incorporated in Florida in 2002 and engaged in coffee distribution through a chain of distributors in the southern part of the state. It was recently acquired on an all-cash basis by the new management from the retiring owner. Palm Beach's head office was relocated to Toronto, Ontario until the new management can secure proper visa documentation to relocate back to United States. The company is searching for strategic partners in the beverage industry and looking to expand through franchising and other distribution methods.

Palm Beach intends to attend the Business Franchise & Investment Expo at Toronto's Queen Elizabeth Building on April 30 and May 1 in concert with its merger plans with SIPC.

Palm Beach and SIPC followers can expect additional news and updates from the company on a timely basis.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of SIPP Industries Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. SIPP Industries Inc. cautions you that any forward-looking information provided by or on behalf of SIPP Industries Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. SIPP Industries Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond SIPP Industries Inc.'s control. In addition to those discussed in SIPP Industries Inc.'s press releases, public filings, and statements by SIPP Industries Inc.'s management, including, but not limited to, SIPP Industries Inc.'s estimate of the sufficiency of its existing capital resources, SIPP Industries Inc.'s ability to raise additional capital to fund future operations, SIPP Industries Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match SIPP Industries Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. SIPP Industries Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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