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News, Articles and Releases
Asconi Penetrates The Swiss Wine
Market
WEDNESDAY, FEBRUARY 4, 2004 8:02 AM
ORLANDO, Florida, February 4, 2004 - /PRNewswire-FirstCall
via COMTEX/ -- Asconi Corporation (Amex: ACD), one of the largest
Eastern European producers of wines and spirits, , today announced
that it has entered into a contract for shipment of its wines to
Switzerland.
"We received this first order for the Vitis Hincesti Reserve
and Limited Reserve varietals including Reserve Chardonnay 2001,
Reserve Sauvignon Blanc 2001 and Reserve Merlot 2000," commented
Constantin Jitaru, president and CEO of Asconi. "The limited
reserve range features wines with controlled appellation of origin,
which are analogous to the French AOC classification. The 2001 Reserve
Chardonnay received a bronze medal at the Chardonnay Du Monde contest
in France in 2001."
"We are pleased to see that our efforts to bring back the
reputation of Moldova as a significant wine making region are resulting
in recognition in new markets," continued Mr. Jitaru. "In
2003, Asconi added Israel and Germany to its portfolio, and we are
looking forward to new market entries this year."
About Asconi Corporation
Asconi Corporation (AMEX: ACD) is one of the largest producers
and distributors of wines and spirits in Eastern Europe. Asconi
currently markets its products in seventeen countries worldwide
and offers an extensive portfolio of over 350 items in fifty product
lines. The Company is involved in every aspect of wine and spirits
production and distribution, from grape processing to sales of alcoholic
beverages.
For more information, please visit www.asconi.com.
Contact: Mr. Serguei Melnik, Asconi Corporation Chief Operations
Officer
Phone: 407 679-9463
Email: info@asconi.com
Safe Harbor Statement
Under the Private Securities Litigation Reform Act of 1995: The
statements in the press release that relate to the company's expectations
with regard to the future impact on the company's results from new
products in development are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
The results anticipated by any or all of these forward-looking statements
may not occur.
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