MIAMI BEACH, Fla., Sept. 28 /PRNewswire-FirstCall/ -- -- Millennium
Prime, Inc. (Pink Sheets: MLMN) today announced that it has
completed the acquisition of Bong Spirit Imports, LLC, the creator
of Super Premium Vodka™ from Holland, under the terms disclosed in our 8K
filing on September 27, 2010.
Bong Spirit's Super Premium Vodka™, forms the cornerstone for
our lifestyle product strategy of brands built on superior quality
and design.
"With the acquisition of Bong Spirit now closed, Millennium
Prime is now poised to attack the beverage marketplace as well as
expand our portfolio in to other lifestyle markets that serve
Millennials," said John F. Marchese,
CEO of Millennium Prime, Inc. "Bong Spirit's Super Premium
Vodka™ provides us with a Millennial brand with incredible growth
potential in domestic and worldwide markets, and we are eager to
compete in the marketplace."
"The closing of this transaction marks another milestone in the
development of Bong Spirit," said Jimi
Beach, Artistic Director of Bong Spirit Imports, LLC.
Millennium Prime understands the unique value, positioning and
integrity of the brand image that many people worked so diligently
to create and we look forward to the opportunity to take our vision
and execution to another level."
Millennials, also known as Generation-Y, account for
$1 trillion in buying power and
represent about 80 million citizens in America alone according to
the U.S. Census Bureau. Millennials are creative, counterculture
and serious consumers who find it important to support the brands
they love and relate to.
About BONG SPIRIT IMPORTS, LLC
Bong Spirit Imports (www.bongspirit.com) markets designer spirit
beverages that speak to the world's growing passion for premium
liquors. Bong Spirit's Super Premium Vodka(TM) is an award winning
libation that fuses together today's designer attitude, with an
age-old Dutch product of exceptional quality, packaged in our
distinctive bottles that are literally wrapped in art and design.
The progressive fashion of Bong Spirit products unites various
lifestyles together in spirit, by way of expressionism and
appreciation for music, art and culture.
About MILLENNIUM PRIME
Millennium Prime (OTC: MLMN.pk) develops, acquires and markets
innovative lifestyle brands with superior quality, design and style
for the Millennial marketplace. We will enter lifestyle product
markets and establish business units focused on brand categories
where we can achieve a clear and authentic leadership position
within the Generation-Y demographic. Our growth strategy combines
the use of strategic acquisition, organic growth, and innovative
invention to serve our Millennial trendsetter focused strategies.
Superior Lifestyle Brand Innovations for the Millennial Generation:
www.millenniumprime.com
Forward-Looking Statements
This release contains "forward-looking statements" and
information provided by Millennium Prime, Inc., such as online,
printed documents, publications or information available via
Millennium Prime's website, may contain certain forward-looking
statements that involve risks, uncertainties, assumptions and other
factors, which, if they do not materialize or prove correct, could
cause Millennium Prime's results to differ materially from
historical results, or those expressed or implied by such
forward-looking statements. All statements, other than statements
of historical fact, are statements that could be deemed
forward-looking statements, including statements containing the
words "planned," "expects," "believes," "strategy," "opportunity,"
"anticipates," and similar words. These statements may also include
plans, strategies and objectives of management for future
operations; any statements regarding proposed new products,
services or developments; any statements regarding future economic
conditions or performance; statements of belief; and any statements
of assumptions underlying any of the foregoing.
SOURCE Millennium Prime, Inc.
Copyright . 28 PR Newswire
