USA: Cuidao Holding Corporation and Willow Cove Winery Sign Distribution Agreement And Prepare to Rollout Premium Wines
The Agreement gives Cuidao's wholly owned subsidiary; R & R (Bordeaux) Imports, exclusive rights to the distribution of Willow Cove's wines throughout Florida and the Caribbean Islands for three years. Under the terms of the Agreement, which has renewal options, R & R and Willow Cove Winery will work jointly to introduce and rollout Willow Cove's premium fruit flavored wines.
"These Californian produced wines make a great addition to our portfolio. We anticipate immediate acceptance of this product line considering that it is a strong contender among the growing premium fruit category," stated Robert Walker, managing director of R & R (Bordeaux) Imports, Inc.
The premium fruit flavored category is at 15 million cases per year and growing extremely fast. Cuidao's management predicts the company's revenue to increase by $250,000 with the addition of Willow Cove wine in the Florida and Caribbean market, within the next 12 months.
Willow Cove Winery is an up and coming, aggressive winery; anxious to assist in the introduction of its premium fruit flavored wines. The winery prides itself on premium ingredients including pure, natural flavors and purified water. Recognizable packaging and solid merchandising are also strong suits for Willow Cove.
Cuidao Holding Corporation is a development state company that is in the process of implementing a vertical roll-up and consolidation of the highly fragmented alcoholic beverage specialty and import industry. Cuidao Holding Corporation imports, manages, distributes and develops markets for a rapidly growing portfolio of international brands of beer, wine and spirits. The Company currently participates in specific niche segments of the approximate $100 billion alcoholic beverage market in the United States.
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Contact: Charles Bingham
This press release contains "forward-looking statements" within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, (3) the availability of financing at favorable terms, and (4) other factors detailed in the company's public filings with the SEC.
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