Press Release

ISBG-Bengala Blockchain Project Responds to Jack Ma’s Request for Blockchain in Manufacturing and Logistics

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LAS VEGAS, NV, September 29, 2018 – International Spirits and Beverage Group Inc. (OTCQB:ISBG) (“ISBG” or the “Company”), a top-tier brand incubator in the Global Wine & Spirits market, and Bengala Technologies LLC, (“Bengala”), a development firm that specializes in tailored technology solutions with an expertise in blockchain and distributed ledger technology, are proud to announce that their blockchain-based platform (“ISBG-Bengala Blockchain Project”) is making dramatic progress toward establishing a critical success in the application of blockchain technology to manufacturing and supply chain management.

Jack Ma, the co-founder and chairman of $414 billion e-commerce giant Alibaba, stated several days ago in Shanghai at World AI Conference 2018 that artificial intelligence (AI), the blockchain, and the Internet of Things (IoT) risk eventual obscurity if they fail to target the manufacturing industry.

Arnaldo A. Detrés, CEO of Bengala Technologies, LLC, commented, “Ma is dead on the money. Blockchain, when paired with AI and IoT has the potential to imbue logistics and manufacturing processes with coordination at each process level and between processes. But we don’t see many applied examples out there right now despite the extraordinary potential for streamlining economic costs, boosting productivity, and freeing up manpower for more important tasks. Our team at the ISBG-Bengala Blockchain Project will be demonstrating this potential in the spirits industry over coming months. And we are convinced we will completely reshape that industry in the process.”

The partnership between ISBG and Bengala was initially designed to produce a resource that simultaneously increases operational efficiency for ISBG and exists as a commercially viable distributed ledger logistics solution capable of generating significant enterprise sales in the $391 billion Global Wine and Spirits market.

However, the project has additionally partnered with Airtab, a popular app that guides users to nearby experiences at trending nightlife destinations, to offer an end-to-end solution that includes an engaging customer-facing platform and unparalleled depth of reach and interaction with the wine, beer, and spirits end-market consumer through marketing, events, and experiences.

Mr. Detrés continued, “We would underscore Ma’s key point: demonstrable success at coordinating these technologies within supply chain and manufacturing processes offers the fastest and most robust route to unleashing true mainstream adoption of decentralized solutions.”

 

ABOUT ISBG-BENGALA BLOCKCHAIN PROJECT
The Project is a blockchain and Fintech company that represents the partnership between ISBG and Bengala Technologies LLC, (“Bengala”), a development firm that specializes in tailored technology solutions with an expertise in blockchain and distributed ledger technology. The platform consists of a marriage between the Internet-of-Things and the Blockchain to produce a comprehensive product management solution for the beverage industry. The company is creating a single, functionally-integrated, decentralized system designed to streamline all steps from farmer to bartop or countertop, including logistics and marketing.


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BOUT ISBG
ISBG is a Nevada-based alcoholic beverage company specializing in the development, marketing and global sales of innovative wine and spirits brands. The Company’s expertise lies in the strategic development and aggressive early growth of its brands and establishing these brands as viable and profitable. ISBG intends to build its own brands while seeking out individual acquisition candidates to continue to develop its pipeline of new brands into the ISBG portfolio. For more information visit: www.isbg.global

 

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company’s reports filed from time to time with OTC Markets (www.otcmarkets.com).

Contact:
For additional investor information:

International Spirit & Beverage Group, Inc.
info@isbg.global

 

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