Castle Brands Appoints Battipaglia VP
Sales Eastern Region
October
23, 2006, New York, NY; Castle
Brands Inc. (AMEX: ROX), a developer and
international marketer of premium branded
spirits headquartered in New York, today
announced the promotion of Robert A. Battipaglia
to Vice President Sales Eastern Region.
Battipaglia joined Castle Brands as Regional
Manager East Coast in 2003 and was responsible
for New York and the surrounding states.
The third generation of his family in
the spirits business, he has over 25 years
experience in the industry including 15
years spent at Allied-Domecq. In this
newly created position, Battipaglia will
be responsible for sales management from
Maine to the District of Columbia. He
will oversee 17 wholesalers and brokers
and supervise a staff of eight. In addition,
he will take on certain national sales
responsibilities.
Kelley Spillane, Senior Vice President
at Castle Brands, said: “Bob has
proven his management and leadership ability
over and over again. CBI is on a fast
track for growth and we need people of
Bobâ's caliber to lead our call
to action. The East Coast is a major focus
for us and I am confident that with Bobâ??s
expanded role we will see very strong
growth in this important market in 2007."
For his part, Battipaglia said: “When
I left Advantage Brands, sales in my territory
were about 200,000 cases a year. Even
though shipments in the same territory
at Castle were much less, I saw tremendous
opportunity. I wanted to be involved in
building brands at a forward-looking company.
I look forward to continued growth of
our current portfolio and to welcoming
new brands such as the recent addition
of Jefferson's and Sam Houston Bourbons".
More about Castle Brands Inc.
Castle Brands is a developer and international
marketer of premium branded spirits within
four growing categories of the spirits
industry: vodka, rum, whiskey and liqueurs/cordials.
Castle Brands portfolio includes Boru
Vodka, Gosling's Rum®, Sea Wynde®
Rum, Knappogue Castle® Irish Single
Malt Whiskey, Clontarf® Irish Whiskey,
Jefferson and Jefferson's Reserve®
Bourbon, Sam Houston® Bourbon, Celtic
Crossing Liqueur®, Pallini® Limoncello,
Raspicello and Peachcello and Bradyâ's
Irish Cream®.
Safe Harbor Statement
All statements in this press release that
are not historical are forward-looking
statements within the meaning of Section
21E of the Securities Exchange Act of
1934. Such forward-looking statements
may be identified by words such as “believe",
“intend," “expect",
“may", “could",
“would", “will",
“should", “plan",
“project", “contemplate",
“anticipate", or similar statements.
Because these statements reflect Castle
Brands current views concerning future
events, these forward-looking statements
are subject to risks and uncertainties.
Castle Brands actual results could differ
materially from those anticipated in these
forward-looking statements as a result
of many factors, including, but not limited
to, demand for its products and services,
its ability to compete effectively, its
ability to increase revenue from its newer
products and services and the other factors
described under the caption Risk Factors
in Castle Brands Annual Report on Form
10-K for the year ended March 31, 2006
filed with the Securities and Exchange
Commission. Castle Brands undertakes no
obligation to update publicly any forward-looking
statements contained in this press release.
For more information on Castle Brands,
contact:
Roseann Sessa
Vice President - Marketing & Public
Relations
Castle Brands Inc.
570 Lexington Avenue
New York, New York 10022
Phone: 646-356-0203
Fax: 646-356-0222
E-mail: ro4spirits@aol.com
AMEX: ROX www.castlebrandsinc.com
