Monday, June 19, 2006

FOCUS ON PREMIUM WINES HELP ELEVATE ANDRES

Andres Wines announced today that sales for the 4th-quarter rose 31% and 26% for the year ending March 31, thanks largely to their recently acquired labels from Cascadia Brands- Thirty Bench and Red Rooster wines.

On June 6, Andres announced it had filed a Notice of Action in the Superior Court of Ontario against a former non-executive employee for embezzling approximately $6-7 million over several years.