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MRIB Marani Brands Inc (CE)

0.000001
0.00 (0.00%)
31 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Marani Brands Inc (CE) USOTC:MRIB OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Marani Brands Extends Distribution to India and Southeast Asia

16/03/2009 7:15pm

Business Wire


Marani Brands (CE) (USOTC:MRIB)
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Marani Brands, Inc. (OTCBB:MRIB) continues its expansion with the signing of an agreement with the Fairmacs Group to handle warehousing and distribution of its products throughout India and Southeast Asia.

The Fairmacs Group of Companies (www.fairmacs.com) was founded in 1956 with the vision of building an integrated world of services that provides absolute customer satisfaction. Today, Fairmacs’ strength comes from innovative solutions and a range of services that deliver excellent value. “Fairmacs is equipped to handle the distribution of Marani’s products not only in India, but also Southeast Asia. This is a partnership that we are very excited about as it will accelerate our business into the well established and rapidly growing spirits markets of India and Southeast Asia. Fairmacs has an excellent reputation in the global trade and can handle our products from the point they leave our ports to the point they hit the shelves,” said Marani CEO Ara Zartarian.

About Marani Brands Inc.

Marani Brands, Inc. develops, positions, markets and distributes fine wine and spirit products in the United States as well as international markets. Its signature product, “Marani Vodka Spirit”, is an ultra-premium vodka manufactured exclusively for Marani in Armenia. It is made from late-harvest Armenian winter wheat, distilled three times, filtered twenty-five times and then, through a proprietary process, is aged in oak barrels lined with honey and skimmed dried milk to give it its unique taste. Marani Vodka was awarded the Gold Medal in the prestigious International Spirit Competition, held in San Francisco, California, in both 2004 and 2007 and the coveted Five Star Diamond Award by the American Academy of Hospitality Sciences in 2008. Marani Vodka can be found in over 1,500 off-premise and retail locations and more than 900 premium on-premise venues across the nation. Please enjoy all Marani brands responsibly and in moderation.

Forward-looking Statements

Certain statements made in this press release contain forward-looking statements that involve a number of risks and uncertainties. This forward-looking information is based on certain assumptions, including, among others, presently known physical data concerning size and character of reservoirs and economic recoverability. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In addition, operations involve numerous risks and uncertainties, many of which are beyond Marani Brands’ control, which could result in expectations not be realized or otherwise materially affect the financial condition, results of operation and cash flows. Additional information regarding these and other risks are contained in Marani Brands’ filings with the Securities and Exchange Commission.

For more information on Marani Brands: http://www.maranispirit.com

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