California Grapes International, Inc. Announces Preparation of the First Order for the UAE
2012年6月18日 - 11:08PM
ビジネスワイヤ(英語)
California Grapes International, Inc. (OTCPINK: CAGR) a leading
provider of full service export, marketing, promotions,
distribution and sales for the CA Wine Industry internationally,
has completed the UAE (United Arab Emirates) trade mission and
begins preparations for the first orders to be shipped.
The UAE trade mission recently completed by “CGI”, in
conjunction with the US Commerce Department, has opened the door
for “CGI” offered CA Wines in a market dominated by European
producers. This event for “CGI” included 25 CA Wineries and 73
unique CA Wines and represented the largest showcase of CA Wine
available in the country. Both the “trade” and “consumer” tastings
received overwhelmingly positive responses and as a result of the
exposure we were able to gain access to the key importers and
distributors of the UAE. The trade mission was extended an
additional 2 days in order to accommodate the meeting requests.
The results produced orders being finalized for “CGI’s” first 3
customers including the US Embassy, Abu Dhabi National Hotel Group
and The National Corporation for Tourism & Hotels. Each of
these customers provides substantial exposure to the general
consumers as well as the tourism industry. The Abu Dhabi Hotel
Group operates a chain of luxury hotels that include the Hiltons,
Le Meridien, Sheraton and the new Ritz Carlton opening in August
2012. They also operate 6 retail wine and spirits stores and
provide distribution and import services directly. NCT&H also
has several hotel locations but, focus on a stronger “direct to
venue” sales effort. They also have, through strategic relations,
several retail sales outlets that we are looking to expand the CA
Wine offering into. The US Embassy has committed to purchase as
well for sales in the commissary and the support of ongoing
development of “CGI” export efforts into the UAE.
As we finalize the necessary import and distribution agreements,
“CGI” is looking at several additional opportunities for strategic
relations that foster the implementation of more of the complete
“CGI Business Model” being deployed. We expect the first shipment
to go out in the next 60 days and further partnership development
and customer acquisition in the UAE are already underway.
“The UAE is a unique market that is driven by an expat economy.
The opportunities in this market go far beyond the UAE itself and
truly make this a strategically desirable location for “CGI” to be
located. Wine sales in the UAE have flourished for many years and
the available CA Wines are limited to say the least. With the
support from the US Foreign Agencies and their commitment to
develop stronger trade channels, we are looking forward to the
future of “CGI” in the UAE!” – Jeffrey Crittenden – CEO California
Grapes International, Inc.
Safe Harbor Statement
Information in this press release may contain 'forward-looking
statements.' Statements describing objectives or goals or the
Company's future plans are also forward-looking statements and are
subject to risks and uncertainties, including the financial
performance of the Company and market valuations of its stock,
which could cause actual results to differ materially from those
anticipated. Forward-looking statements in this news release are
made pursuant to the 'Safe Harbor' provisions of the United States
Private Securities Litigation Reform Act of 1995.
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