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Asconi Corporation To Be Featured On CEOcast

WEDNESDAY, FEBRUARY 18, 2004 9:55 AM

ORLANDO, Florida, February 18, 2004 - /PRNewswire-FirstCall via COMTEX/ -- Asconi Corporation (Amex: ACD), one of the largest Eastern European producers of wines and spirits, is pleased to announce that it will be a featured company interviewed by CEOcast today, February 18, 2004.

Mr. Serguei Melnik, COO of Asconi Corporation, will discuss the recent developments and performance of the Company and provide insight on Asconi's strategy and plans going forward.

Listen to interview...

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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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