E-Malt.com News article: Canada & USA: Limited Subsidiary Ramapo Valley Brewery increases production capacity by 100%

ICBS Limited a diversified business development, financial and management company located in Montreal, Quebec, Canada, announced today that it has increased Ramapo Valley Brewery's production capacity by 100%, ICBS announced in its press release on January 10.

The company has expended significant monies for the installation of a new automated high speed bottling system and additional storage tanks to accommodate the increased demand for its products. The company expects that with the addition of this technology it will now be able to meet the demand of its worldwide (we ship worldwide) consumers.

The secret of the company's success is the ingredients, the beer is gluten free, and the product is an award winning beer capturing the 2006 U.K. blue ribbon competition, the company continues to increase its distributorship worldwide via online sales and the addition of distributors who are interested in our product.

"We are extremely excited about the success of our gluten free beer products, as we have seen a significant increase in sales and revenues as the company becomes more exposed, we expect revenues this fiscal year to exceed all projections, I am very pleased that the Board of Directors approved the required finances to increase the brewery's capacity as we will now realize the growth potential for this period" said Garth McIntosh President and CEO.

Mr. McIntosh "stated I am elated with the investment in this company as they continue to increase revenues significantly while they grow this company, while increasing the value of our investment."


12 January, 2007