Re: S.I. Post 2320 2/23/99
NEW YORK--(BUSINESS WIRE)--Feb. 23, 1999--Araldica Wineries, Ltd.
announced today that it has signed a joint venture agreement with
Lionstone International, Lake Bluff, Illinois, the country's largest
distributor of wines servicing direct response marketing companies in
the alcoholic beverage industry. ...............................
..................Lionstone is part of privately held SLJ Group, Inc., a 10 year old, multifaceted company servicing the food and beverage industry as an importer, consultant, marketer, compliance expert, warehousing facility, fulfillment house and distributor; it functions as a "Master Distributor" for the very successful Merchant Direct catalog clubs: Beer Across America; International Wine Cellars; Cigar Affair; Coffee Quest; and Spa Discoveries.
LIONSTONE INTERNATL
20331 Lake Forest Drive
Lake Forest, CA 92630
(Wine)
714 837 5039
SLJ GROUP INC
20331 Lake Forest Drive
Lake Forest, CA 92630
(Wine)
714 837 5039
Re: Araldica.com 2/24/99
Landi continued: "Since we have also made a new joint venture agreement, with Lionstone International of Lake Bluff, Ill., to immediately market our wines nationally - on a far larger scale than would otherwise be possible - and since this new joint venture agreement has the potential to account for the sale of 100% of Antogianni's annual wine production, even at greatly expanded levels, we anticipate that our future operating results will include significant new revenues and profits that will be generated by these new arrangements.'' |
