Blavod Signs LOI to form JV

16 May 2005 07:00

Blavod Extreme Spirits PLC16 May 2005 Blavod Blavod Extreme Spirits Plc ("Blavod") announces that it has signed a Letter ofIntent to form a joint venture company with one of the world's leading beveragealcohol producers. The joint venture will be a 50:50 partnership to exploit therespective strengths of the two companies. Blavod will announce further detailsin due course. Blavod Extreme Spirits, plc (BES.L), established in 2003, is a London-based andpublicly traded company, with U.S. subsidiary offices, Blavod Extreme SpiritsUSA, Inc., headquartered in Franklin, Tenn. In addition to Blavod Black Vodka,the Company's portfolio includes the award-winning Players Extreme linefeaturing: Five Times Distilled Vodka along with intensely infused Green Apple,Cherry, Lemon, Mandtango (mandarin/tangerine) and Caramel vodkas. The PlayersExtreme brand also offers flavor-infused rums - Banana, Coconut and Mango. TheCompany also represents a wine portfolio in the US, including Italian estates,Baroncini and Bruno Rocca, among others. Agency brands represented in the UK,include the Babco brand of products For more information on Blavod Extreme Spirits, log on to: www.blavodextreme.comwww.playersextreme.comwww.blackvodka.comwww.blavod.com Enquiries: Tim Robertson/Catherine Maitland Cardew Group 020 7930 0777Jeff Hopmayer Blavod Extreme Spirits 001 615 771 9111 This information is provided by RNS The company news service from the London Stock Exchange