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Asconi Announces Case Sales for 2004

2004 Case Sales Increase 20% As Compared to 2003

Tuesday, January 11, 11:09 am ET

ORLANDO, Fla., Jan. 11 /PRNewswire-FirstCall/ -- Asconi Corporation (Amex: ACD - News), an Eastern European producer of wines and spirits, today announced case sales for 2004 fiscal year ended December 31, 2004.

Asconi's total 2004 case sales were approximately 1,970,000 equivalent cases of wine*, an increase of 330,000, or 20% from 1,640,000 equivalent cases sold during fiscal 2003.

* Asconi packages its wines in containers of various sizes. All quantities have been recomputed to the "equivalent case" measure. An equivalent case contains 12 bottles of 750 ml each.

About Asconi Corporation

Asconi Corporation (Amex: ACD - News) is a producer and distributor of wines and spirits in Eastern Europe. For more information, please visit http://www.asconi.com.

Forward-Looking Statements

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here; however, readers should review carefully reports of documents the Company files periodically with the SEC.

Asconi Corporation
Phone: 407 679-9463
Email: info@asconi.com

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