U.S. Patent Office Clears ASCC's New Vodka Brand
MIRAMAR BEACH, Fla.--(BUSINESS WIRE)-- Aristocrat Group Corp.'s (OTCBB: ASCC) efforts to release a new brand of ultra-premium vodka cleared a major hurdle this week when Luxuria Brands, the company's brand management division, received approval from the U.S. Patent and Trademark Office for the distilled spirit's proposed name.
With the patent office finding no naming conflicts with existing vodka products, the next step for Luxuria Brands will be a Certification of Label/Bottle Approval (COLA) from the Alcohol and Tobacco Tax and Trade Bureau (TTB) to ensure that the new spirit has been created, labeled and marketed in accordance with Federal laws and regulations. With the company expecting to receive this certification in the next few days, ASCC is looking forward to revealing the name of its debut vodka very soon.
"We're very pleased to pass another milestone in our plans to get our distilled spirits on store shelves as quickly as possible," said ASCC CEO Robert Federowicz. "It's been a challenge to remain patient through this approval process, but we're looking forward to releasing the name and bottle design of the world's next top ultra-premium vodka as soon as we receive our COLA approval. These are exciting times for our company."
ASCC is targeting the super-premium vodka segment for its debut offering due to its incredible growth, rising 32 percent in the last two years to $1.2 billion, according to industry trade group the Distilled Spirits Council (DISCUS). ASCC sees vodka, America's best-selling spirit, as the key element to growing its brand management division, allowing the company to compete in a highly profitable sector alongside Limited Brands, Inc. (NYS: LTD) , Proctor & Gamble (NYS: PG) , New York & Company, Inc. (NYS: NWY) and Chico's FAS, Inc. (NYS: CHS) .
For more information on this initiative, please visit www.luxuriabrands.com/investors.html.
About the Aristocrat Group Corp.
Through its brand management division, Aristocrat Brands, the Aristocrat Group Corp. is on the path to becoming a provider of premiere luxury goods, including top-shelf distilled spirits. The company targeted the growing market for quality domestic liquor in order to deliver maximum returns to our shareholders.
The Aristocrat Group Corp. is also exploring smart growth initiatives to position itself as the premier resource for women's lifestyle products and services, including motherhood resources. For more information, please visit www.aristocratgroupcorp.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
The Aristocrat Group Corp.
Robert Federowicz, 850-269-7208
President and CEO
KEYWORDS: United States North America Florida
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