Iconic Brands Inc. Letter to Shareholders

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Iconic Brands Inc. Letter to Shareholders

AMITYVILLE, N.Y.--(BUSINESS WIRE)-- Iconic Brands Inc., (OTCQB: ICNB) today issued the following letter to its shareholders regarding the Company's forthcoming plans.

Dear ICNB friends and shareholders both current and prospective,

We've updated our financial reports to regain status as a fully reporting and compliant public company post of the company reorganization.

First as it relates to being a public company, we are committed to holding ourselves to a higher standard, and to offering a level of communication and transparency that should be expected of any company in which public shareholders put their trust. We have committed to build a company that everyone will be proud of, and one which is goal orientated and ultimately profit driven.

We have several high profile celebrity brands we are in negotiations with at this time and look to have agreements in place in the near future. Additionally we have certain distribution agreements pending which we also believe will be concluded shortly.

We will be closing on the initial membership units of United Spirits as previously announced and pursuant to the Letter of Intent as early as next week. Also something to look forward to will be our new packaging division, which will offer value add packaging services, as well this business unit will hold several patents and patent pending devices which we intend to seek out licensing deals and pursue other methods to monetize the patent value of the portfolio.

The company will be launching a new website in the immediate future.

The company looks forward to being in a position to explore exciting opportunities. You can expect a good deal of information and milestones coming from the company in the near future and I offer my sincere thanks for your loyalty and continued support.

Richard DeCicco

About Iconic Brands Inc.

Located in Amityville, New York Iconic Brands Inc. develops markets and distributes high-quality branded alcoholic beverages.

Website: www.icnb.info

Forward-Looking Statements Disclosure

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimated" and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, history of losses; speculative nature of Celebrity Branded products; the highly competitive Spirits Industry; substantial capital requirements: lack of diversification; competition; global financial conditions; ability to market and distribute products produced; and ability to acquire new license agreements. The Company does not undertake an obligation to update or revise any forward-looking statement. Investors should read the risk factors set forth in historic and future periodic reports filed with the Securities and Exchange Commission. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

Iconic Brands, Inc.
Richard DeCicco, CEO, 631-316-8599

KEYWORDS:   United States  North America  New York


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