Total Beverage Solution Acquires Distribution Representation Rights To Old Speckled Hen, Woody’s & Ales Produced By The Shipyard Brewery

June 11, 2004

Total Beverage Solution (TBS) announced today it had completed the acquisition of distribution representation rights to a number of brands, including Old Speckled Hen from Greene King Brewing, PLC, a leading English Ale producer. In addition TBS has also acquired distribution representation rights in a number of markets outside of New England and Florida across the United States for the hand-crafted ales of The Shipyard Brewing Company, a leading Craft Beer producer based in Portland, Maine. TBS acquired the rights from East Coast Beverage Corp., a Massachusetts based company. Terms of the deal were not disclosed.

“We are excited to represent these breweries as both have high quality premium brands that have strong growth potential. These brands will add over 100,000 cases of beer volume to our growing portfolio”, commented TBS Chief Executive Officer Dave Pardus.

Total Beverage Solution commenced operations in 2002, and its mission is to be a preferred beverage alcohol supplier for the US market. The company seeks brands that have market presence, but are not large enough to be targets of the big multinationals. TBS seeks to place those brands strategically with distributors market by market in the challenging beverage alcohol distribution system. TBS’ portfolio largely replicates the beverage alcohol industry with 50% of the company’s business coming from the beer category, 33% spirits, and 17% wine.

Post acquisition pro forma 12 month revenues will exceed 5 million for the company. “We plan to continue our aggressive growth goals through organic growth, as well as additional strategic acquisitions” said Pardus.

For more information go to www.totalbeveragesolution.com or email efaucheron@totalbeveragesolution.com.

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