NEW YORK, Aug. 15, 2013 (GLOBE NEWSWIRE) -- Montalvo Spirits, Inc. (OTCQB:TQLA) ("Montalvo" or the "Company) announced today the signing of a Master Distribution Agreement with Broken Heart Spirits Limited, which grants Montalvo exclusive master distribution rights for Broken Heart Gin in the United States.
"We are extremely excited to be the exclusive master distributor of Broken Heart Gin in the United States," said Montalvo's CEO Alex Viecco. "It's a wonderful addition to Montalvo's family of brands and it takes us one step further in our quest to create a portfolio of ultra-premium, artisanal spirits."
Broken Heart Gin is produced in Queenstown, New Zealand. Nestled on the shores of crystal clear Lake Wakatipu, Queenstown is home to some of the finest water in the world. Broken Heart is handcrafted using only the highest quality ingredients, including an intricate blend of eleven botanicals.
Broken Heart Gin's formula was recently approved by the U.S. Tax and Trade Bureau, and is now finalizing the labeling requirements. Once the labels are approved, Broken Heart Gin will be able to be imported and sold in the United States.
Montalvo plans to use MHW, Ltd. to import the product, and has immediate distribution plans for New York, California and Florida upon its proposed launch later this year.
About Montalvo Spirits, Inc.
Montalvo Spirits, Inc. develops, markets and distributes premium alcoholic beverages, with its initial offering being the award-winning Montalvo Tequila. The Company plans to focus on artisanal spirit brands with a tradition of excellence and quality. Additional information concerning the Company is available on the Company's website: http://montalvospirits.com
Forward Looking Statements: Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Montalvo Spirits, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Montalvo assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission ("SEC"). There may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
Source:Montalvo Spirits, Inc.