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LPWire: WDW Will Feature New World Brands' Wine

Walt Disney World Will Feature New World Brands' Wine, Imported by its Subsidiary at the Epcot International Food & Wine Festival

New World Brands Inc. and its wholly owned subsidiary International Importers Inc., today announced that the Award Winning Double Gold Medal, 1999 Petite Shirah Estate Bottled Wines of L.A. Cetto has been chosen as one of the wines to be featured at the Epcot International Food & Wine Festival held from October 18th to November 19, 2002.

Allen Salzman, CEO of New World Brands stated: "Our award winning L.A. Cetto wines continue to gain popularity in the United States. Over one million plus visitors are expected to attend this festival. The Epcot Festival along with Publix Super Markets' new business (see 09/18/02 Press Release) will propel our growth. We are very fortunate that our wine sales are growing so quickly and are being accepted so well by the US market." He also commented that many of New York City's finest restaurants have chosen to serve L.A. Cetto wines by the glass in addition to bottles.

About New World Brands, Inc.:
New World Brands, Inc. is an importer of alcoholic beverages. The Company's wholly owned subsidiary, International Importers, Inc., currently imports and distributes the Estate Bottled award winning wines of L.A. Cetto. The company also plans to introduce their spirit based, Ready to Drink Cocktails in four flavors.

Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Forward looking statements in this release with respect to the Company's business, financial condition, and results of operations are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products, or service delays in testing and evaluation of product, the effect of the Company's accounting policies, as well as certain risk factors, which are detailed from time to time in the Company's filings with the Securities and Exchange Commission.

--Posted October 15, 2002
Source: New World Brands Inc.

 

 

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