This Day On The Street
Continue to site
ADVERTISEMENT
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

Castle Brands And Distillerie Franciacorta Announce Exclusive Distribution Partnership

Castle Brands Inc. (NYSE Amex: ROX) and Distillerie Franciacorta jointly announced today that they have entered into an exclusive distribution agreement in the United States for Franciacorta’s Gozio Amaretto.

Distillerie Franciacorta is a family owned spirits company founded in 1901. Owned by the Gozio family, the company is located in the splendid hilly area of Franciacorta, in the Italian Region of Lombardy. Gozio Amaretto is a superior liqueur produced using only the highest quality ingredients including pure natural essences coming from four continents. Gozio Amaretto uses the best natural almonds to enhance its bouquet and taste.

John Glover, Chief Operating Officer of Castle Brands, said, "We are very excited to be working with Distillerie Franciacorta and are proud to be the exclusive distributor of their Gozio Amaretto. We believe the time is right and there is consumer demand for a super premium amaretto. We believe that Gozio Amaretto, with its unique points of difference and beautiful packaging is well positioned to capitalize on this.”

Mauro Piliu, Export Director of Distillerie Franciacorta, added, "We are looking forward to working closely with the Castle Brands team. With its strong sales and marketing organization in the U.S. market and its complementary premium brands, Castle Brands is the perfect home for Gozio Amaretto."

Additional information on Gozio Amaretto is available at www.distilleriefranciacorta.com

About Castle Brands Inc.

Castle Brands is a developer and international marketer of premium beverage alcohol brands, including: Gosling’s Rum ®, Jefferson’s ®, Jefferson’s Presidential Select TM and Jefferson’s Reserve ® Bourbon, Boru ® Vodka, Pallini ® Limoncello, Raspicello and Peachcello, Knappogue Castle Whiskey ®, Clontarf ® Irish Whiskey, Betts & Scholl TM wines, cc: wines TM, Celtic Crossing ® Liqueur, Brady’s ® Irish Cream, A. De Fussigny ® cognacs, Travis Hasse’s Original ®Liqueurs and Tierras TM tequila. Additional information concerning Castle Brands 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, for the year ended March 31, 2011 and Quarterly Report on Form 10-Q for the period ended September 30, 2011, filed with the Securities and Exchange Commission.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,010.68 -115.44 -0.64%
S&P 500 2,107.39 -13.40 -0.63%
NASDAQ 5,070.0260 -27.95 -0.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs