Mistic Moving E-Cigarette Automated Cartridge Filling Production to United States

  Mistic Moving E-Cigarette Automated Cartridge Filling Production to United
  States

Company Signs Letter of Intent with IOTO E-Liquids America, LLC, Transferring
         Filling, Assembly of Company’s E-Liquid to Greenville, N.C.

Business Wire

CHARLOTTE, N.C. -- April 28, 2014

Mistic^®, maker of high quality, value-priced electronic cigarettes and vapor
products, today announced it plans to utilize IOTO E-Liquids America, LLC’s
(an affiliate of Alliance One International, Inc. NYSE: AOI) automated machine
filling capability to fill all of its cartridges for the Mistic brand of
e-cigarettes in the United States beginning in August.

Mistic already produces all of its e-liquid in the U.S., including the
bottling and filling of its HAUS™ branded e-liquid bottles. This strategic
move will further strengthen the world-class supply chain management Mistic
already brings to the electronic cigarette marketplace, making Mistic and HAUS
the first American e-cigarette brands to be fully assembled and packaged in
the U.S. on a national scale.

“This landmark deal will further streamline our production process and make
Mistic the standard-bearer in the e-cig industry for world-class quality and
supply chain management,” said John Wiesehan Jr., CEO of Mistic. “Our e-liquid
is already made in the U.S. for both Haus and Mistic and the relocation of our
automated product assembly to the U.S. from China will provide us with a
highly skilled workforce, more oversight and increased operational
efficiencies, making this a game-changing business decision that’s in line
with our long-term strategy.”

Under the terms of the deal, IOTO E-Liquids America, known as “IOTO-ELA,” will
fill and assemble Mistic brand cartomizers with the company’s automated
cartridge filling machine. Mistic also is developing a new generation of U.S.
made e-liquid with IOTO-ELA at its plant in Greenville, N.C. In addition to
the automated cartridge filling, IOTO-ELA will utilize its bottling capability
to fill bottles of Mistic’s HAUS™ Personal Vaporizer, which is available in
five distinct blends -- American Blend, Cool Ice, Washington Red, Java, and
Ocean Mist.

“With Mistic being one of the major players in the e-cigarette market, they
already have demonstrated superior supply chain management capabilities, and
with continued great product innovation teamed with experienced management, we
are delighted that IOTO-ELA has been selected by Mistic to be a strategic
supplier,” said Pieter Sikkel, president and CEO of Alliance. “IOTO-ELA is
proud to be partnering with such a dynamic force in this exciting industry,
and is confident in its ability to provide Mistic with additional resources it
needs to grow its brands.”

IOTO-ELA’s U.S. manufacturing facility in Greenville will provide high-speed,
automatic filling capabilities that are able to adjust to Mistic’s needs as
the company grows its product line and distribution reach. Mistic will
continue to import batteries, chargers, and other raw materials from China,
while product assembly, packaging, and the filling of all e-liquids will be
performed in the U.S.

About Mistic

Mistic^® electronic cigarettes is a conscious-minded brand of high-quality
vapor products, primarily sold through brick-and-mortar retail channels under
the direction of its parent company, Ballantyne Brands. The company’s
rechargeable and non-rechargeable e-cigarettes are sold in approximately
40,000 retail outlets and wholesalers across the U.S., including Walmart,
Dollar General, Kangaroo Express, Circle K, Hess, Family Dollar, Winn
Dixie/Bi-Lo and Food Lion, Hackney, McLane Company, Coremark, Nash Finch,
Petrey, expanding to 60,000 stores with the introduction of its Haus™ Personal
Vaporizer. Mistic continually works to provide customers with a more enjoyable
vaping experience at a price below its competitors and much less than that of
traditional cigarettes.

For more information on the company, visit www.misticecigs.com, follow on
Twitter @MisticEcig, watch on YouTube, or like on Facebook at
MisticElectronicCigarettes.

About Alliance One International, Inc.

Alliance One International is a leading independent leaf merchant. For more
information, visit the company’s website at www.aointl.com.

Contact:

PondelWilkinson
George Medici | gmedici@pondel.com
Ron Neal | rneal@pondel.com
310-279-5980
 
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