SOURCE: VuQo Holdings Corporation

April 09, 2012 12:51 ET

VuQo Holdings Corp Appoints Rene Esteban as New President and CEO

SAN FRANCISCO, CA--(Marketwire - Apr 9, 2012) - VuQo Holdings Corp (PINKSHEETS: VUQO) announced today the appointment of Rene Esteban as the new President and CEO of VuQo Holdings and will take up his role effective immediately. Mr. Esteban replaces Mr. Richard O. Cabael, who has served as Interim President and CEO since April 2011. Mr. Cabael will remain as the President of VuQo Inc, the subsidiary dedicated to the Premium Vodka brand VuQo, and will continue focusing on the brand's rapid growth and outstanding track record as the world's finest Vodka distilled from premium coconut nectar.

"VuQo Holdings is very grateful for Mr. Cabael's tireless effort in expanding the VuQo Premium Vodka brand. Thanks to Mr. Cabael, VuQo Coconut Vodka is now one of the most coveted vodkas in the market today and is gaining huge momentum in sales and distribution in the United States. I am very happy to fill the position as Chairman and CEO of VuQo Holdings Corp. and I want to assure the shareholders that one of my top priorities will be to keep them informed with all the latest updates on current and emerging developments within in the United States market and in key markets within Asia and Europe," said Mr. Rene Esteban, incoming CEO and President of VuQo Holdings Corporation.

Mr. Esteban has more than 20 years of extensive experience in providing high quality and cost-effective food production and beverage development services; he also brings forth unmatched expertise in Product Development, Sensory Analysis, Shelf Life/Microbiology, Manufacturing and Packaging from projection creation to the consumer market. He also pioneered in using natural and plant-based ingredients to produce functional beverage, health and wellness food preparation and in developing restaurant menu engineering.

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