MIAMI BEACH, Fla., April 20 /PRNewswire-FirstCall/ -- Millennium
Prime, Inc. (Pink Sheets: MLMN), having executed a definitive
agreement to acquire Bong Spirit Imports, LLC (Bong Spirit),
announces that Bong Spirit's Super Premium Vodka™ from Holland is being sold in the largest chain of
alcohol superstores in California
called Beverages and More! (BevMo!).
Beverages & More! (BevMo!) is the leading alcoholic
beverage-lifestyle superstore retailer in the western United States and among the largest in the
country. BevMo! was founded in January
1994 and now operates 101 stores, typically 10,000 square
feet, in well-trafficked retail areas in major metropolitan markets
throughout California and
Arizona. BevMo.com, the #1
bricks and clicks beverage-lifestyle website, enables customers to
purchase items for home or office delivery or for pickup within an
hour from their local store.
Paul Taeger, Director of
Operations of Bong Spirit, said, "We are honored and privileged to
have an industry giant like BevMo! as a committed retailer of our
vodka. BevMo! has shown their confidence over time by
expanding the availability of Bong Spirit's Super Premium Vodka™
into all of their 100 plus stores, including approved expansion
into Arizona in 2010."
"Partnering with BevMo! allows Bong Spirit's Super Premium
Vodka™ to gain a major footprint in the Western U.S.," said
Kim Jackson, VP of Sales of Bong
Spirit. "In our strategy for national distribution, we always
had a major focus on the California market of course. With
Southern Wine & Sprits of America providing distribution, and
Transworld Alliance as our brokerage, we are poised to continue to
grow the West Coast strategic regions as required."
About BEVERAGES & MORE!
BevMo! is the leading alcoholic beverage-lifestyle superstore
retailer in the western United
States and among the largest in the country with 101 stores.
BevMo! provides a uniquely friendly and welcoming environment for
competitively priced alcoholic and non-alcoholic beverages and
"goes with" products such as specialty foods and snacks, cigars,
glassware and related bar and wine accessories. Our friendly and
product-knowledgeable sales associates assist both enthusiasts and
first-time buyers of wine, spirits and beer. www.bevmo.com/
About MILLENNIUM PRIME
Millennium Prime (OTC:MLMN.pk) develops, acquires and markets
innovative lifestyle brands with superior quality, design and style
for the Millennial marketplace. We will enter lifestyle product
markets and establish business units focused on brand categories
where we can achieve a clear and authentic leadership position
within the Generation-Y demographic. Our growth strategy
combines the use of strategic acquisition, organic growth, and
innovative invention to serve our Millennial trendsetter focused
strategies. Millennium Prime has executed a definitive
agreement to acquire Bong Spirit Imports, LLC, under the terms and
mutual conditions of closing disclosed in our 8K filing on
April 16, 2010
(http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7190430).
Superior Lifestyle Brand Innovations for the Millennial
Generation: www.millenniumprime.com
Forward-Looking Statements
This release contains "forward-looking statements" and
information provided by Millennium Prime, Inc., such as online,
printed documents, publications or information available via
Millennium Prime's website, which may contain certain
forward-looking statements that involve risks, uncertainties,
assumptions and other factors, which, if they do not materialize or
prove correct, could cause Millennium Prime's results to differ
materially from historical results, or those expressed or implied
by such forward-looking statements. All statements, other than
statements of historical fact, are statements that could be deemed
forward-looking statements, including statements containing the
words "planned," "expects," "believes," "strategy," "opportunity,"
"anticipates," and similar words. These statements may also include
plans, strategies and objectives of management for future
operations; any statements regarding proposed new products,
services or developments; any statements regarding future economic
conditions or performance; statements of belief; and any statements
of assumptions underlying any of the foregoing.
SOURCE Millennium Prime, Inc.