This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Castle Brands And A. De Fussigny Cognac Announce Exclusive Distribution Partnership

Castle Brands Inc. (NYSE Amex: ROX) and A. de Fussigny Cognac jointly announced today that they have entered into an exclusive distribution agreement for the U.S. market.

Cognac A. de Fussigny is a super premium brand that takes a fresh and contemporary approach to the cognac market. Renowned for the quality of its products and its know-how, the house of A. de Fussigny was founded in 1814 and is the only producer with an operating distillery in the historical center of the town of Cognac. A. de Fussigny’s range includes cognacs from the Fine Champagne growth area offered in contemporary and innovative packaging. A. de Fussigny also makes a selection of single district and rare vintage cognacs. All A. de Fussigny cognacs are presented in distinctive and eye catching contemporary gift boxes.

John Glover, Chief Operating Officer of Castle Brands, said, “We are very excited to be working with the A. de Fussigny organization and are proud to be the exclusive distributor of their fine products. We believe the time is right and there is market demand for high quality and innovative cognacs. With the help of Castle Brands’ wide-ranging and sophisticated sales and distribution network, Fussigny is well positioned to capitalize on these attractive market opportunities and expand its U.S. presence.”

Jean-Dominique Andreu, President of A. de Fussigny, added, “We are excited to re-introduce A. de Fussigny cognac to the U.S. and we look forward to working closely with the Castle Brands team. Castle Brands, with its strong sales and marketing organization in the U.S. market and its position in the high-end spirits segment, is the perfect home for A. de Fussigny in the U.S.”

Additional information on Cognac A. de Fussigny is available at www.adefussigny.com.

About Castle Brands Inc.

Castle Brands is an emerging developer and international marketer of premium beverage alcohol brands, including Boru® Vodka, Gosling's Rum®, Pallini® Limoncello TM, Raspicello TM and Peachcello TM, Knappogue Castle Whiskey®, Clontarf® Irish Whiskey, Jefferson's TM, Jefferson's Presidential Select TM and Jefferson's Reserve® Bourbon, Betts & Scholl TM wines, Celtic Crossing® Liqueur, Brady's® Irish Cream and Tierras TM tequila. Additional information concerning the company is available on the company’s website, www.castlebrandsinc.com.

Forward Looking Statements

This press release includes statements of our expectations, intentions, plans and beliefs that constitute "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 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, related to the discussion of our business strategies and our expectations concerning future operations, margins, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. You can identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "expects," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting us and are subject to uncertainties, risks and factors relating to our operations and business environments, all of which are difficult to predict and many of which are beyond our control, that could cause our actual results to differ materially from those matters expressed or implied by these forward looking statements. More information about these and other factors are described under the caption "Risk Factors" in Castle Brands' Annual Report on Form 10-K, as amended, for the year ended March 31, 2009, filed with the Securities and Exchange Commission.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,009.36 -89.09 -0.52%
S&P 500 1,996.76 -6.61 -0.33%
NASDAQ 4,582.4130 +2.1420 0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs