PREISS IMPORTS

Spirits industry veterans ANTHONY FOGLIO and KEITH GREGGOR have taken a majority position in the company for an undisclosed sum.  HENRY PREISS, the founder, will retain a significant interest and continue as President and CEO.  The company imports hundreds of top-quality spirits, from around the world, as well as niche brands of beer and wine.  Foglio and Greggor flourished at International Distillers and Vintners, the forerunner of industry giant Diageo.  In 1998 they left to develop a small startup company, Skyy Spirits, which has subsequently grown ten-fold.