Blue Water Changes Its Corporate Name to Tiger Reef, Inc.

MIAMI, Oct. 25, 2016 (GLOBE NEWSWIRE) -- Tiger Reef, Inc. f/k/a Blue Water Bar & Grill, Inc. BWBG, a diversified producer of ultra premium rums under the Tiger Reef™ brand and a developer of casual dining restaurant properties in the Caribbean, announces that it has approved and changed its corporate name from Blue Water Bar & Grill, Inc. to Tiger Reef, Inc. to better identify and align the company with its current business activities and long-term vision.

Tiger Reef is in the process of applying to FINRA to effect this name change on the OTCQB.  Once FINRA completes and approves their review of this corporate action, which is anticipated to take a few weeks, Tiger Reef will make a separate announcement informing shareholders of its new ticker symbol and related CUSIP number associated with the new corporate name.

About Tiger Reef

Tiger Reef, Inc. is a diversified producer of ultra premium rums under the Tiger Reef™ brand and a developer of Caribbean casual dining restaurant properties.  For more information, visit www.tigerreefinc.com.

Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties.  There can be no assurance that such forward-looking statements will prove to be accurate.  Actual result and future events could differ materially from those anticipated in such statements.  These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.  Tiger Reef, Inc. f/k/a Blue Water Bar & Grill, Inc. ("Tiger Reef") assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change, other than as required pursuant to applicable securities laws.  For a description of additional risks and uncertainties, please refer to Tiger Reef's filings with the Securities and Exchange Commission, including "Risk Factors" in its Annual Report filed on Form 10-K.