Castle Brands and Grand Cru have selected additional premium wine brands to include in the U.S. distribution venture, including Copain, a California producer of highly-rated Pinot Noir and Syrah, and Roulot, a leading Meursault producer. In addition, Messrs. Betts, Welland and Bohr are in negotiations to acquire distribution rights for several other premium wine brands.To better service its growing roster of premium wine brands, Castle Brands has bolstered its sales force with the addition of Beth Gustafson and Michele Parent. Ms. Gustafson, who previously served as brand manager for 36 wines at Vintage Wines LLC, and Ms. Parent, who previously served as national sales manager at Evening Land Vineyards and Once Wines, will assist Mr. Betts in the Company’s expanded sales effort. 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, competition 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.
When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the documents incorporated by reference. New risks and uncertainties arise from time to time, and we cannot predict those events or how they may affect us. We assume no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.