Market Overview

ASCC Expects New Headquarters/Bottling Facility to Become a Popular Taste-Testing Draw


HOUSTON, TX, Sept. 10, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – US Beverage and Spirits Inc. (OTC:ASCC), makers of RWB Premium Vodka, has selected a site for its new company headquarters/bottling plant and is currently working with architects on the final design. The southwest Houston building will feature many enhancements that will enable the company to grow in the future as its markets expand.

"Our facility is being designed for the long-term," said CEO Mike Clinton. "We have many exciting long-range plans not only for RWB Premium Vodka but in other areas as well as we take the company in bold, new directions. This new headquarters and plant will enable us to grow and develop in the years ahead."

The new site will feature a tasting room. Clinton envisions offering public tours of the facility as well as hosting private and public events. Many nearby microbreweries in the Houston area offer similar tours. Having a distillery tour and tasting room could make US Beverage and Spirits a tourism draw and help with marketing.  

Distilled spirits had their best year on record in 2017, reaching an all-time high of $26.2 billion. The latest U.S. Treasury Department figures indicate rum, gin and vodka production has risen 30 percent to meet increased demand. Many industry experts expect this growth to continue, driven by younger drinkers with large disposable incomes.

Notice Regarding Forward-Looking Statements

The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements related to the future financial performance of the Company.  Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct.  Factors that could cause results to differ include, but are not limited to, successful execution of growth strategies, product development and acceptance, the impact of competitive services and pricing, general economic conditions, and other risks and uncertainties described in the Company's periodic filings with the OTC Markets  

Mike Clinton, CEO
US Beverage and Spirits Inc.
(210) 284-1223

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