Marani Announces Over 26% Increase in Sales for May 2009
* Reuters is not responsible for the content in this press release.
LOS ANGELES, CA, Jun 24 (MARKET WIRE) --
Marani Brands Inc. (OTCBB: MRIB) is pleased to announce a more than 26%
increase in sales for the month of May 2009, as compared to May 2008 and
a more than 67% increase in total case distribution for the first five
months of 2009 compared to the same period in 2008. Management has
attributed the growth to the successful implementation of its aggressive
marketing and events strategy and additional distribution in key markets.
Since implementation of its aggressive marketing and events strategy,
Marani has supported more than a dozen events in Los Angeles, New York,
San Diego, and Chicago that strategically position the brand as the
ultra-premium vodka of choice to tastemakers in the worlds of art, fashion
and entertainment.
Marani has consistently delivered substantial sales increases for nearly
every month thus far in 2009, as compared to the previous year.
"Sponsorships of events in the worlds of art, fashion, and entertainment
have been a significant contributor to Marani's increasing brand awareness
and resulting sales increases and expanded distribution," said Marani CEO
Ara Zartarian. "We are becoming accustomed to seeing growth at this rate,
and anticipate sales to accelerate as we continue to implement our
aggressive marketing, branding, and distribution expansion strategy."
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," 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 Star Diamond Award by the American
Academy of Hospitality Sciences in 2008 & 2009. 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 Marani Vodka 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
For more information, press only:
Nina Kevorkian
Director of Communications
(818) 503-5200
Email Contact
Copyright 2009, Market Wire, All rights reserved.
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