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India is a key overseas market abroad for Marani due to its fast growing economy. A recent article in www.Sify.com/finance notes that the Asian Development Bank (ADB) has said, "The Indian economy is expected to grow by 6 percent in 2009 as capital inflows, industrial production and business confidence soar."
From the time the Company first announced its intention to expand into India, management has focused on preparing the Company's growth and presence in that market. India is a key market in the world as Marani seeks to expand its brand and sales at a critical time when many countries are slowing down in their growth, while India and other Asian economies are experiencing economic growth.
"The final approval to begin distribution in India now allows us to begin our drive to introduce Marani Vodka to what we feel is an important market for our Company and marks the achievement of a very important goal for the Company," stated Margrit Eyraud, Marani's CEO. Ms. Eyraud added, "India is one of the cornerstones of our effort to expand our brand and make our products available throughout the world. We intend to aggressively market and support our brand in India, enhancing market awareness and the stature of the brand. We are extremely excited about the introduction of our signature 'Marani Vodka' in one of the world's most dynamic economies."
About Marani Brands, Inc.
Marani Brands, Inc. develops, positions, markets and distributes fine wine and spirit products in the United States and internationally. Its signature product, "Marani(R) Vodka," is ultra-premium vodka manufactured exclusively for Marani Brands, Inc. in Armenia. It is made from late-harvest Armenian winter wheat, distilled three times, filtered twenty-five times and then, through a proprietary process, is aged in oak barrels lined with honey and skimmed dried milk to give it its unique taste. Marani Vodka was awarded the Gold Medal in the prestigious International Spirit Competition, held in San Francisco, California, in both 2004 and 2007 and the coveted Star Diamond Award by the American Academy of Hospitality Sciences in 2008 and 2009. Please enjoy Marani responsibly.
Forward-looking Statements
All statements other than statements of historical fact set forth in this press release regarding Marani's business, financial position, prospects, plans and objectives of management, as well as information concerning expected actions of third parties, are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by the forward-looking statements.
Although the Company disclaims any obligation to do so, the Company may update or reiterate one or more of the forward-looking statements. The forward-looking statements in this news release are based on management's current expectations and, unless otherwise noted, do not take into account the impact of any future event, transaction or development that may occur after the date of this press release. The forward-looking statements should not be construed in any manner as a guarantee that any particular event or result will occur.
In addition to the risks and uncertainties of ordinary business operations, the forward-looking statements of the Company contained in this press release are subject to a number of risks and uncertainties, including our ability to successfully to market our products to meet our growth and sales targets, to obtain financing necessary to accomplish our business plans and to achieve our consumer acceptance of our products.
Other facts, uncertainties and risks disclosed in the Company's filings with the Securities and Exchange Commission.
VOD Newswire Video Format: http://vodnewswire.com/vodnewswire/news/marani-brands-20090924
For more information on Marani Brands: http://www.maranispirit.com
Contact: For more information, press only: Nina Kevorkian Director of Communications (818) 503-5200 nina@maranispirit.com
SOURCE: Marani Brands, Inc.
mailto:nina@maranispirit.com
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