USA: BevAccess.Com, Inc. and Beverage Media Group, Ltd. Complete Merger to Build the First Fully Integrated Beverage Alcohol Industry Exchange

By | 11 May 2000

BevAccess.com, Inc. and Beverage Media Group, Ltd., today announce the completion of the merger of the two companies. The combined entity will offer its clients the benefit of Beverage Media Group's 65 years of experience connecting suppliers, wholesalers, and retail buyers and BevAccess.com's time-saving, fully-secured technology that provides real-time pricing and an easy-to-use research and ordering platform.

"The completion of our merger is a milestone in the beverage alcohol industry," says William Slone, President of Beverage Media Group, Ltd. "Our combined strengths have defined a new communications medium for the industry."

Already, industry participants rely heavily on Beverage Media Group's publications, which is why they are often regarded as the "Bible" of the industry.

"We are excited to join forces with Beverage Media Group. By offering a full on and offline service, our Industry Exchange is uniquely positioned to work with every member of the beverage alcohol industry -- regardless of their accessibility to the Internet today," says Derek Bromley, Founder and co-CEO of BevAccess.com.

"We will continue to build our company to give the industry's suppliers, wholesalers and retail buyers immediate ordering access and decision-making information to run their businesses," adds Greg Ahnert, Founder and co-CEO of BevAccess.com. "Our exclusive editorial materials will cover new product reviews, industry profiles and market intelligence -- all the critical information retail-tier buyers and distributors will need to effectively market and procure their beverage alcohol products."

The BevAccess.com/Beverage Media Group merger also positions the combined company to take advantage of the unique market-to-market differences that exist due to the highly complex regulations that surround the purchase of beverage alcohol. Beverage Media Group had already been processing orders online in multiple markets for over two years. Combined with BevAccess.com's pioneering technology and client-centric approach, the new company will continue to define the state of e-business for the beverage alcohol trade.

About BevAccess.com

BevAccess.com, founded in 1997 by former wholesale buyers Derek Bromley and Greg Ahnert, is the first online Industry Exchange for the beverage alcohol trade, which provides wholesale buyers and sellers with fast, easy centralized ordering, detailed information, and highly targeted advertising. BevAccess.com already represents the industry's leading buyers, wholesalers and suppliers and provides them with proprietary e-commerce technology that dramatically increases operational efficiency and provides immediate financial reward. For more information visit the company's Web site or call 877-LINK BEV.

About Beverage Media Group

Beverage Media Group publishes the nation's premier beverage alcohol trade magazines. They have been providing beverage alcohol licensees with pertinent business information for over 65 years including new products and promotions, marketing information, and wholesaler brand and price listings of beverage alcohol products. In addition, Beverage Media Group serves as the national office for The Beverage Network -- an association of 33 local publications, which blanket the nation and reach over 140,000 licensees monthly.

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USA: BevAccess.Com, Inc. and Beverage Media Group, Ltd. Complete Merger to Build the First Fully Integrated Beverage Alcohol Industry Exchange

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