Friday, February 03, 2006

ANDRES WINES THIRD QUARTER RESULTS

Andres Wines of Canada announced today that sales for the 3rd-quarter have risen 24.6% and 24.9% for the nine months ending December 31. Their recent acquisitions of Thirty Bench Winery, Cascadia Brands, and Red Rooster Winery helped contribute to the growth as well as Andres’ continued focus on their premium brands. "Our integration efforts are proceeding extremely well and our new premium brands have great potential," commented John Peller, President and CEO. "The cost synergies and economies of scale along with the positive contributions from our increased sales, are expected to generate enhanced growth and profitability."