NEW YORK, April 3 /PRNewswire-FirstCall/ -- FirstCall via COMTEX/ - ICBS Limited (ICBS) (Pink Sheets :ICBM) a business development and management firm located in New York and Canada, announced today that a LOI has been signed by senior management of both companies for the acquisition of Marquee wines by ICBS. Marquee Wines is a U.S. based wine import / export company , fully licensed with distribution in over twenty five markets in the U.S. The company winery is based in Australia, with markets in the U.S., Asia and Europe. Marquee wines have won international awards of excellence and carry a full line of fine wines, including Organic. ICBS has recently signed a five year exclusive distribution contract for North America ,with UDACA of Portugal, one of Portugal's largest wine co-operatives. With the acquisition of Marquee, ICBS will add the Portuguese fine wines to the existing Marquee brand. The company will continue with its expansion in the U.S and Asia. New contracts for distribution are expected to be signed in the near future that will add further selections to this already impressive line of fine wines. "We are very excited about this" said Garth McIntosh, President & CEO of ICBS, "this is the next step to our future growth in the beverage industry". The companies will work together in the coming months to facilitate the entry of the Portuguese wines to their global market place. You can visit them at; http://www.marquee.com/ 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, Telephone: 888-932-4402, http://www.icbs.ca/; Source: ICBS Limited

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