Brunton Vineyards signs Letter of Intent for wine distribution in China

Brunton Vineyards, Inc., a division of Brunton Vineyards Holdings, Inc. announced that it has received a Letter of Intent from Zhejiang Ouhai International Trade Corporation for the distribution and delivery of a minimum of 1,200 containers per year of the company’s wine brand, Addison Cole. The proposed transaction translates to approximately 1,000,000 cases of wine for the year, with an approximate annual contract value of $80,000,000. The first purchase order is scheduled to be received by mid to late April 2007, once details are finalized pertaining to label design and compliance specific to the Chinese market.