Drinks Americas' (OTC: DKAM) Highlights Brewbound Article on Strong Recent
Growth in U.S. Craft Beer Sales
Craft Beer Sales up 24%
LOS ANGELES, March 18, 2014
LOS ANGELES, March 18, 2014 /PRNewswire/ --Drinks Americas (OTC: DKAM;
"Drinks Americas" or the "Company"), the exclusive United States broker for
leading premium authentic Mexican beers currently present in 34 states with a
strong distribution network in place, today highlighted strong and recent
growth in U.S. demand for and sales of craft beer. According to a recent
article by Brewbound.com author Chris Furnari, the craft beer craze has
resulted in significant growth in craft beer sales. In the U.S. alone, craft
beer sales are up 24% year-to-date as of February 23^rd.
The 24% increase in craft beer sales are factoring in IRI's U.S. multi outlet
and convenience stores universe (MULC), which includes grocery, drug,
Wal-Mart, Club, Dollar, Mass-Merchandiser and Military stores. In the
Brewbound article, author Chris Furnani highlights exceptional growth in
grocery stores, commenting "Perhaps more impressive is craft beer's
performance in the grocery channel — craft is the third best-selling beer
product in IRI-tracked supermarkets with 14.69 dollar share of the total
category, up 1.83 versus last year."
Known to provide consistent coverage of the craft beer industry and Drinks
Americas's premium authentic Mexican beer brands, Brewbound's main audience
members include craft brewers, beer distributors and industry suppliers.
Brewbound delivers industry related content via www.brewbound.com and its
Timothy Owens, Drinks Americas CEO, commented on growth of sales, "Brewbound
reinforces the trend that the demand for craft beer in the U.S. is present and
vastly growing. We are thrilled to see such growth in the craft beer sector
particularly as it relates to the grocery channel – the channel that is
frequented the most consistently by consumers. These data figures are factual
and hopefully are a forecast of great things to come for the industry and our
authentic Mexican Day of the Dead Craft Beer brand."
About Drinks Americas Holdings
Drinks Americas (OTC: DKAM) is the exclusive United States broker for leading
premium authentic Mexican beers currently present in 34 states with a strong
distribution network. The Company is on target to be the leading broker for
Mexican beers in each state in which it operates. Drinks Americas' leading
premium authentic Mexican beer brands include specialty Day of the Dead Craft
Beer, Mexicali™, Rio Bravo™, Red Pig™ and Chili Beer™, which are all brewed in
Mexico's third largest brewery, independently family owned Cerveceria
Mexicana, utilizing state of the art processes, fermentation and aging
systems. Drinks Americas' brands continue to forge strong connections with
consumers through some of the largest retailers and restaurants in the
country. The Company is headquartered in Los Angeles, CA and trades under the
ticker symbol "DKAM."
Except for the historical information contained herein, the matters set forth
in this release, including the description of the company and its product
offerings, are forward-looking statements within the meaning of the "safe
harbor" provision of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to risks and uncertainties that
may cause actual results to differ materially, including the historical
volatility and low trading volume of our stock, the risk and uncertainties
inherent in the early stages of growth companies, the company's need to raise
substantial additional capital to proceed with its business, risks associated
with competitors, and other risks detailed from time to time in the company's
most recent filings with the Securities and Exchange Commission. These
forward-looking statements speak only as of the date hereof. The company
disclaims any intent or obligation to update these forward-looking statements.
Investor Relations: 866-501-6582
SOURCE Drinks Americas
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