Eastside Distilling Announces Board Membership Change
June 18, 2019
PORTLAND, Ore.–(BUSINESS WIRE)–$EAST–Eastside Distilling, Inc. (NASDAQ: EAST) today announced the appointment
of Owen Lingley to its board of directors. Lingley replaces Patrick
Crowley. Mr. Crowley tendered his resignation after being contracted to
produce a Jurassic Park series film that requires him to be based full
time in London for more than a year. The board vacancy will be filled by
Mr. Lingley, Chairman of Craft Canning + Bottling, a leading provider of
mobile canning and bottling services in Oregon, Washington and Colorado
that Eastside acquired in January 2019.
Grover Wickersham, Chairman of Eastside Distilling, commented, “We thank
Pat Crowley for his many contributions to the board during this past
year and are sure he will have great success with his major new
responsibilities. Pat will continue to be an asset to Eastside as an
informal advisor. We also welcome Owen to the Board. Owen’s insights and
strong leadership of Craft Canning, which is now a major part of our
business, will be invaluable to Eastside shareholders.”
About Eastside Distilling
Eastside Distilling, Inc. (NASDAQ: EAST) has been producing
high-quality, award-winning craft spirits in Portland, Oregon since
2008. The company is distinguished by its highly decorated product
lineup that includes Redneck Riviera Whiskey, Burnside Bourbon, West End
American Whiskey, Goose Hollow Reserve, Below Deck Rums, Portland Potato
Vodka, Hue-Hue Coffee Rum and a distinctive line of fruit infused
spirits. Eastside Distilling is majority owner of Big Bottom Distilling
(makers of The Ninety One Gin, Navy Strength Gin and Delta Rye whiskey)
and the Redneck Riviera Whiskey Co. All Eastside, Big Bottom and Redneck
Riviera spirits are crafted from natural ingredients for quality and
taste. Eastside’s Craft Bottling + Canning subsidiary is one of the
Northwest’s leading independent spirit bottlers and ready-to-drink
canners. The Company also owns Outlandish Beverages LLC, an Oregon LLC
for making and selling products that don’t have alcohol, but include
ingredients such as CBD. For more information visit: www.eastsidedistilling.com
or follow the company on Twitter
and Facebook.
Important Cautions Regarding Forward-Looking Statements
Certain matters discussed in this press release may be forward-looking
statements. Such matters involve risks and uncertainties that may cause
actual results to differ materially, including the following: changes in
economic conditions; general competitive factors; acceptance of the
Company’s products in the market; the Company’s success in obtaining new
customers; the Company’s success in product development; the Company’s
ability to execute its business model and strategic plans; the Company’s
success in integrating acquired entities and assets, and all the risks
and related information described from time to time in the Company’s
filings with the Securities and Exchange Commission (“SEC”), including
the financial statements and related information contained in the
Company’s Annual Report on Form 10-K and interim Quarterly Reports on
Form 10-Q. Examples of forward-looking statements in this release may
include statements related to our strategic focus, product verticals,
anticipated revenue, and profitability. The Company assumes no
obligation to update the cautionary information in this release.
Contacts
Company Contact:
Eastside Distilling
Steve Shum
971-888-4264
inquiries@eastsidedistilling.com
Investors:
Robert Blum
Lytham
Partners, LLC
(602) 889-9700
east@lythampartners.com