ICBS opens talks for 15 million dollar import deal
05 Fevereiro 2008 - 12:06PM
PR Newswire (US)
NEW YORK, NY and MONTREAL, QC, Feb. 5 /PRNewswire-FirstCall/ --
ICBS Limited (ICBS) (Pink Sheets :ICBM) a business development and
management firm located in New York and Canada, announced today
that Extaport International Ltd., is seeking exclusive distribution
rights for Moldova wines and spirits which will add to their
existing line of exclusive Portuguese wines. ICBS has opened talks
with a representative of seven wineries and spirit manufactures in
Moldova The deal would see a line of fine wines, and 25 year old
brandy's and cognacs along with vodka and other sprits imported to
North America. The estimated 15 million dollar deal is expected to
bring the total revenues up to 27 million for Extaport
International sales in 2008 and 2009. This addition will allow the
company to add a full range of wine, Ports and now spirit
selections. Extaport International (owned 60%) by ICBS has opened
discussions with seven Moldova winery and spirit companies which
specializes in fine Wines, Cognac's and Brandy's for distribution
rights exclusively for the North American Market. "With the
addition of Moldova wines and sprits to our existing exclusive five
year North American market agreement with UDACA of Portugal, will
give us a complete representation of wines and now superb sprits"
said Garth McIntosh, President and CEO of ICBS and Extaport
International. ICBS is expecting to complete the deal within sixty
days. You can visit them at; http://www.extaport.com/,
http://www.udaca.pt/, http://www.icbs.ca/ NB. This news release
includes statements that constitute forward-looking statements.
Please be aware that any such forward-looking statements are not
guarantees of future performance and involve significant risks and
uncertainties, and that actual results may vary materially from
those in the forward-looking statements as a result of any number
of factors, including the risk factors contained in the Company's
disclosure documents. DATASOURCE: INTER CANADIAN BUSINESS SERVICE
CONTACT: Garth McIntosh, President & CEO, (888) 932-4402;
Source: ICBS Limited
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