World News: 14:00 GMT Thursday 8th August 2019. [Iconic Brands Inc via Globe Newswire via SPi World News]
AMITYVILLE, NY, Aug. 08, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- . (OTCQB: ICNB) announced today they have entered into a distribution agreement with Kentucky Eagle Inc. The company is excited to welcome Kentucky Eagle as our distribution partner for Kentucky, for our Bellissima, Bella and Hooters Spirits lines. The company looks forward to the potential expansion into other Anheuser Busch distributors across the Country. This channel of distribution has traditionally been for the beer market. As the alcohol beverage industry continues to evolve so does the distribution channel and the company feels being associated with Kentucky Eagle and possibly other Anheuser Busch distributors across the country is very exciting and the company believes this will prove to be a strategic move in these evolving times.
Kentucky Eagle Inc. has been servicing Central Kentucky for 69 years. O.A. Bakhaus, bought Bennie Robinson Distributing Company (now called Kentucky Eagle, Inc.) in 1948.
The Kentucky Eagle sales and delivery fleet consists of 130 vehicles that service over 1,500 accounts in 37 counties. Kentucky Eagle services 18 counties in their Malt Beverage Footprint and 34 Counties in their Wine & Spirits and Food footprint with sales of 4.9 million cases a year.
Additionally, the company is pleased to announce the receipt of an initial purchase order for a test on Celebrity Cruise Lines, one of the top names in the cruise industry. Upon a successful test launch the company anticipates being stocked on all Celebrity Cruises. Celebrity operates a fleet of award-winning ships going to 300 destinations on all seven continents.
The company would also like to congratulate NASCAR #9 Chase Elliott on his win this past weekend at Watkins Glen International Speedway in New York. We look forward to being with Chase at Bristol Motor Speedway August 17th, with the Hooters Spirits #9 NASCAR and hope to see everyone in the winner’s circle!
Iconic Brands Inc. ("Iconic") is a lifestyle branding company with the highest expertise of developing, from inception to completion, alcoholic beverages for itself and third parties. Iconic Brands markets and places products into national distribution through long standing industry relationships. Iconic is a leader in "Celebrity Branding" of beverages, procuring superior and unique products from around the world and branding its products with internationally recognized celebrities. Currently offering Bivi Vodka, and Bellissima Prosecco, . Iconic Brands is a developer of private label spirits for established chains and brands both domestically and Internationally. Under its subsidiary, Hempology Inc., Iconic Brands is, to the extent the law allows, developing liquor based products infused with Hemp and CBD. Iconic Brands through its subsidiary, Green Grow Farms, has a license to grow Hemp for CBD in the State of New York, and is entering partnerships in additional states to grow and cultivate Hemp for the purpose of creating CBD Isolate.
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This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including "could", "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company's reports filed from time to time with the Securities and Exchange Commission and available at .
Iconic Brands, Inc.
Globe Newswire: 14:00 GMT Thursday 8th August 2019
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