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ASCC to Bring a Second Vodka Brand to Market

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ASCC to Bring a Second Vodka Brand to Market

MIRAMAR BEACH, Fla.–(BUSINESS WIRE)– Even as the Aristocrat Group Corp. (OTCBB: ASCC) prepares for the launch of its debut ultra-premium vodka, the company isn’t slowing down on its ambitious release schedule. Today, ASCC announced that it’s already begun work formulating the next spirit to hit store shelves from its brand management division, Luxuria Brands.

“While the product label for our debut vodka is awaiting approval by the Alcohol and Tobacco Tax and Trade Bureau (TTB), all of our creative energy is being put into the second brand of vodka that we plan to release this year,” said ASCC CEO Robert Federowicz. “This new spirit will stand out in the marketplace thanks to its innovative packaging and the characteristically high quality of spirits distilled by Distilled Resources.”

Distilled Resources, Inc. (DRinc) will be responsible for distilling and packaging both forthcoming vodkas, which will be delivered to TOP Shelf Distributing, a wholly owned subsidiary of ASCC. The company looks forward to announcing more details about both products very soon, Federowicz said.

According to Forbes magazine quoting Noah Rothbaum, author of the book The Business of Spirits, “Vodka is head and shoulders the No. 1 category in the U.S.,” he says. “Americans’ thirst for vodka is crazy.”

ASCC sees vodka, America’s best-selling spirit, as the key element to growing its brand management division, Luxuria Brands. The success of the endeavor will allow the company to compete in a highly profitable sector alongside Limited Brands, Inc. (NYS: LTD) , Proctor & Gamble (NYS: PG) , New York & Company, Inc. (NYS: NWY) and Chico’s FAS, Inc. (NYS: CHS) .

For more information on this initiative, please visit www.aristocratgroupcorp.com/investors.html.

Follow ASCC on Twitter at www.twitter.com/AristocratGroup.

About the Aristocrat Group Corp.

Through its brand management division, Aristocrat Brands, the Aristocrat Group Corp. (www.aristocratgroupcorp.com) is on the path to becoming a provider of premiere luxury goods, including top-shelf distilled spirits. The company targeted the growing market for quality domestic liquor in order to deliver maximum returns to our shareholders.

The Aristocrat Group Corp. is also exploring smart growth initiatives to position itself as the premier resource for women’s lifestyle products and services, including motherhood resources. For more information, please visit www.aristocratgroupcorp.com/investors.html.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

The Aristocrat Group Corp.
Robert Federowicz, 850-269-6801
President and CEO
info@aristocratgroupcorp.com

KEYWORDS:   United States  North America  Florida

INDUSTRY KEYWORDS:

The article ASCC to Bring a Second Vodka Brand to Market originally appeared on Fool.com.

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Bill Gates Was Right: Green Energy Wasn’t Ready for Prime Time

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MIcrosoft chairman Bill Gates. (Elaine Thompson, AP)
Elaine Thompson, AP

It’s been nearly two years since Bill Gates came out with his famous dismissal of “green energy” in general, and solar power in particular, as “cute” but too inefficient, too expensive, and too small in scale to actually make a dent in global warming. And once again, it appears the founder and chairman of Microsoft (MSFT) was ahead of the curve.

In an article in this month’s edition of The Wall Street Journal’s WSJ.Money magazine, the newspaper outlined a swelling backlash against solar, wind, and biofuels — among investors at least: “Burdened by global overcapacity, slowing demand and the resurgence of fossil fuel production, clean-tech investments have fallen heavily out of favor” on Wall Street, lamented the Journal.

Wind and Sun and Batteries, Oh Well!

And no wonder. While energy experts predict that wind power contributions to global energy production will continue rising, and may account for more than 30 percent of global energy production by the year 2050, the pace of growth in other green energy sectors is already showing some slack.

Take solar power systems installations, for example. After growing nearly six-fold from 2007 to 2012, growth in the solar power market is expected to slow in the coming years, and to barely double in size from 2011 through 2016.

Other green-energy niches are encountering headwinds as well. While electric cars saw sales spike 26 percent last year as Tesla (TSLA) and Nissan, and even Ford (F) and General Motors (GM) brought e-cars to market, sales are expected to grow only 6 percent this year. After rapidly burning through their supply of early adopters — and as the vehicles’ limited driving range and high sticker prices, plus the lack of charging infrastructure along major transportation routes becomes more clear — automakers are hitting a wall as they seek further growth.

The Fallout

Meanwhile, a surge in investment in shale gas and oil is helping ignite a boom among traditional energy companies, expanding supply, driving down prices, and making green energy look all the more expensive in comparison.

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Result: One pioneer of green energy investing, Sun Microsystems co-founder and green energy investor Vinod Khosla, has seen the value of his green-energy investments fall by half.

And that’s the good news.

The bad news is that many ventures in the industry have done much, much worse. Solar panel maker Solyndra was only the highest profile of these failures. More recently, we’ve also seen bankruptcy filings of battery makers A123 Systems and EnerDel parent Ener1. The death of automotive start-up Th!nk Global. The slow fade of Pacific Ethanol and its peers.

What Does It Mean to You?

The good news among all this doom and gloom, of course, is that as the hot air rushes out of the overinflated green energy balloon, what remains should be a more solid core. Once the unprofitable dross have been cleared away, any profitable companies that remain should be easier to spot — and considerably cheaper, should you still feel inclined to invest in them.

Meanwhile, the future for investments in oil and gas companies like ExxonMobil (XOM) is looking shinier than ever.

Motley Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Ford, General Motors, and Tesla Motors. The Motley Fool owns shares of Ford, Microsoft, and Tesla Motors. Try any of our newsletter services free for 30 days.

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Despite Stock Market Gains, Workers Worry About Retirement

Filed under: Retirement, Retirement Living, Retirement Plans, 401K, SavingAlamy

The stock market has climbed back to a record high, but workers remain pessimistic about having enough money for retirement. The Employee Benefit Research Institute’s annu…

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The Last-Minute Tax Move That Could Be Worth $100,000

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Filing taxes online
Alamy

The 2012 tax filing deadline is less than a month away and if you haven’t filed yet, don’t worry — you’re not alone. H&R Block (HRB) estimates that on average, Americans are about two weeks behind last year’s filing pace, with about 60 million yet to file as of the beginning of March.

A big part of the delay is driven by the last-minute tax law changes and new reporting requirements that were so complex that even the IRS was forced to delay its typical starting date for accepting returns.

If you’ve got all the paperwork and are just dreading the effort or the bill you might have to pay, here’s something that might motivate you to get moving: There’s a last-minute tax move you can make for 2012 that could potentially be worth over $100,000.

The move that can be worth so much? It’s simple: Fund your IRA for 2012.

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And exactly how do we come up with the tasty $100,000 carrot to get you to act? Like this: The money you contribute to an IRA (traditional or Roth) grows tax deferred. And if the IRA you fund is a Roth IRA, that growth may even end up being completely tax free.

People under age 50 can contribute up to $5,000 for 2012. If that $5,000 contribution compounds at 8 percent annually for the next 40 years, your savvy tax move you make in the next month winds up being worth $108,623.

That’s not a bad haul for a one-time investment, but you’ve got to get moving.

While the IRS will automatically let you extend the deadline to file your 2012 taxes , the window slams shut on 2012 IRA contributions after April 15. In short, filing extensions do not apply to IRA contributions.

What If You Don’t?

Of course, there’s nothing forcing you to contribute to your IRA. If you can’t come up with the cash or otherwise choose to not contribute, that’s fine. But understand what you miss out on:

  • Tax-deferred compounding: You can still invest money outside of your IRA, but you’ll likely owe taxes on dividends and capital gains on the returns that money makes, even years before you need to spend it.
  • Creditor protection: Many states shield some or all of your IRA assets from creditors, protecting that money from being seized to satisfy most common debts. Money in an ordinary brokerage account does not enjoy that kind of protection.
  • College financial aid: Money held in an IRA is not counted as an asset for calculating a family’s expected financial contribution when calculating federal financial aid for college. Investments in ordinary brokerage accounts reduce the amount of aid a student can receive, whether those investments are held by the student or that student’s parents.
  • Penalty enforced retirement focus: With few exceptions, tapping your IRA prior to retirement is a very expensive proposition. Most early withdrawals are subject to being taxed at your marginal income tax rate plus a 10 percent penalty for taking the money out early. If you’ve ever been tempted to spend a chunk of money just because it’s there, that penalty can help you avoid that temptation, giving your cash the opportunity to truly compound for decades on your behalf.

There’s Always Next Year (or Is There?)

If you don’t fund your 2012 IRA now, of course you can always “wait until next year.” Of course, then you’ll miss out on the benefits of starting the all-powerful compounding clock right now. Plus, unless you make the commitment to yourself to fund your plan, you may well wind up in the same situation next year, too.

If you wait long enough, the opportunity to invest a little now and let compounding turn it into a comfortable retirement will pass you by. And that would truly be a tragedy.

Making the right financial decisions today makes a world of difference in your golden years, but with most people chronically under-saving for retirement it’s clear not enough is being done. Don’t make the same mistakes as the masses. Learn about The Shocking Can’t-Miss Truth about Your Retirement in this free report.

 

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Logitech Renews Commitment to PC Gaming, Introduces New Lineup

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Logitech Renews Commitment to PC Gaming, Introduces New Lineup

New Logitech G Line of Accessories Proves Science Wins

NEWARK, Calif.–(BUSINESS WIRE)– Today Logitech (SIX: LOGN) (NAS: LOGI) announced the new Logitech® G line, reflecting its new approach to PC gaming. The new lineup includes six redesigned mice and keyboard favorites and two new headsets.

Logitech(R) G700s Rechargeable Gaming Mouse (Photo: Business Wire)

Logitech(R) G700s Rechargeable Gaming Mouse (Photo: Business Wire)

“With Logitech G, we put our passion for science to work for you,” said Ehtisham Rabbani, general manager of the Logitech gaming business group. “Just as gamers are compelled to beat levels, our engineers are compelled to test scientific theories. For close to 20 years the relentless pursuit of what’s next has been our game – and we’re pretty darn good at it. With Logitech G we will continue to push the limits of speed, precision, reliability – even intuitiveness. We do it because gamers expect us to push the limits as far as they do. Every inspired design choice and late-night engineering argument serves but one purpose, to help gamers play their best. When science wins – gamers win.”

Using infrared technology, Logitech studied the interaction between hand and device during gameplay. As a result, gamers can expect to see several advancements in the new Logitech G lineup.

To improve durability and comfort, advanced surface materials were added to strategic tactile zones discovered through testing. For heavy contact zones, Logitech has added fingerprint-resistant coatings, while palm areas feature a hydrophobic coating to help keep your hands from sticking. Depending on the model, the mice also have a soft or dry grip for increased comfort and control. The two keyboards feature a double UV coating on the keys for extra durability and long life, and a fingerprint-resistant coating on the faceplate.

In addition, the Logitech G100s Optical Gaming Mouse and G400s Optical Gaming Mouse feature exclusive Delta Zero sensor technology. Optimized for high-accuracy cursor control, this new sensor technology accurately responds to hand movements. Plus, all of the new Logitech G mice have low-friction polytetrafluoroethylene (PTFE) feet, which reduce drag for faster motions, smoother cursor movements and improved accuracy.

The lineup includes:

Logitech G700s Rechargeable Gaming Mouse

The Logitech® G700s Rechargeable Gaming Mouse is a wireless gaming mouse with the report rate of a wired gaming mouse. In fact, it maintains a consistent report rate, whether over 2.4 GHz wireless or connected by USB, up to eight times faster than a standard USB mouse. If your game goes long, you can keep playing and recharge the mouse simultaneously by switching seamlessly to a data-over-cable connection using a standard Micro-USB cable. The mouse has a durable hydrophobic coating on the palm area that helps keep your palm from sticking to the mouse, and dry grip on the sides ensures a steady hand. You can elevate your in-game skills with 13 programmable controls that let you program single actions, complex macros with multiple keystrokes, repeating and user-defined delays, when you download Logitech Gaming Software (LGS). The Logitech G700s Rechargeable Gaming Mouse is expected to be available for a suggested retail price of $99.99.

Logitech G500s Laser Gaming Mouse

For FPS gamers, the Logitech® G500s Laser Gaming Mouse packs a gaming grade laser for precise cursor control on a wide variety of surfaces and a hyper-fast dual-mode scroll wheel. It also features a durable hydrophobic coating to help keep your palm from sticking and dry grip for a steady hand. It has up to 27 grams of customizable weight and center of gravity adjustment, meaning you can tune it to your preferred play style. You can switch from pixel-precise targeting at 200 DPI to lightning-fast maneuvers at up to 8200 DPI with two buttons sitting in easy reach near your index finger. The Logitech G500s Laser Gaming Mouse features 10 programmable controls, which require LGS. The optional software can also be used to reassign game commands or multi-command macro. The Logitech G500s Laser Gaming Mouse is expected to be available for a suggested retail price of $69.99.

Logitech G400s Optical Gaming Mouse

The Logitech® G400s Optical Gaming Mouse pushes the high standards set by the Logitech® MX518 Optical Gaming Mouse and Logitech® Optical Gaming Mouse G400. This full-feature gaming mouse is built specifically for FPS games and includes Logitech’s exclusive Delta Zero sensor technology for high-accuracy cursor control. It also has a hydrophobic coating to help keep your hand from sticking, as well as soft-touch grip areas and fingerprint-resistant coatings on the primary buttons to resist fading. With LGS, you can customize the eight programmable buttons, and the mouse also features primary mechanical microswitches rated to a 20 million-click lifespan. The programmable buttons allow you to shift through multiple DPI settings to quickly select on-screen options, scan the game map, pull off 180-degree flick-shots at 4000 DPI or downshift for pixel-precise FPS sniper targeting or RTS unit selection at 400 DPI – all conveniently located above and below the scroll wheel. The Logitech G400s Optical Gaming Mouse is expected to be available for a suggested retail price of $59.99.

Logitech G100s Optical Gaming Mouse

The Logitech® G100s Optical Gaming Mouse is simple to use and specifically crafted for your favorite RTS and MOBA games. Built to extend the powerful legacy of the Logitech® G1 Mouse and the Logitech®Gaming Mouse G100, it features buttons designed for heavy clicking and the Logitech exclusive Delta Zero sensor technology for accuracy at any hand speed. While a typical mouse cannot withstand the rigors of intense gaming, the ultra-durable Logitech G100s Gaming Mouse has upgraded primary mechanical microswitches rated to a 20 million-click lifespan. The mouse also has a durable hydrophobic coating on the palm area to help keep your hand from sticking, and the primary buttons have fingerprint-resistant coating to prevent fading. Whether using claw grip or conventional, with small hands or large – the ambidextrous inverted trapezoid shape encourages a sure grip through long sessions. The Logitech G100s Optical Gaming Mouse is expected to be available for a suggested retail price of $39.99.

Logitech G19s Gaming Keyboard

The Logitech® G19s Gaming Keyboard feeds you a steady flow of intel, including vital stats, game specific apps and customizable information panels, all in full color on an integrated, adjustable GamePanel™ LCD. With custom-color backlighting, you can choose from 16 million shades and assign a specific color to every profile and profile mode in the same game. The keyboard also features advanced surface materials for durability and comfort. A hydrophobic coating on the palm rest helps keep your hands from sticking, while the durable double UV coating gives keys extra long life. With LGS, you can configure the 12 programmable G-Keys with up to 36 different functions across three different modes with three macros per key. Two High-Speed USB 2.0 ports let you transfer data to and from accessories – such as MP3 players and flash drives – while also charging battery powered devices. The keyboard also includes anti-ghosting over 26 keys so you can perform multiple complex actions without interference or ghosting. The Logitech G19s Gaming Keyboard is expected to be available for a suggested retail price of $199.99.

Logitech G510s Gaming Keyboard

To make complex actions simple, the Logitech® G510s Gaming Keyboard provides 18 programmable G-keys, which allow you to configure up to 54 different functions across three different modes, with three macros per key, when you download LGS. In addition to custom-color backlighting it features a backlit GamePanel™ LCD, so not only can you stay informed with real-time game stats, system information and VoIP communication data, you can also develop or add community-created applets to work with your GamePanel. It also has a hydrophobic coating on the palm rest to help keep your hands from sticking, and a double UV coating on the keys for extra durability and long life. The Logitech G510s Gaming Keyboard is expected to be available for a suggested retail price of $119.99.

Logitech G430 Surround Sound Gaming Headset

Similar to the Logitech® G35 Surround Sound Headset and Logitech® Wireless Gaming Headset G930, the Logitech® G430 Surround Sound Gaming Headset is powered by Dolby® Headphone technology to create an immersive 360-degree sound field that gives you the advantage of hearing what you can’t see in a game, from footsteps to sirens. With Dolby Headphone 7.1 surround sound, you’ll hear up to seven discrete channels of audio data plus a Low Frequency Effects channel. Similar to the Logitech G230 Surround Sound Gaming Headset, this headset also provides washable ear cups that offer a soft, comfortable fit for long gaming sessions. When you want to be heard, the noise-canceling mic can be adjusted to pick up your voice alone. When the mic is not in use, you can easily fold it up and out of the way. The Logitech G430 Surround Sound Gaming Headset is expected to be available for a suggested retail price of $79.99.

Logitech G230 Stereo Gaming Headset

The Logitech® G230 Stereo Gaming Headset delivers high-quality stereo sound by using 40 mm neodymium drivers to keep you immersed in the game from start to finish for FPS, MMO or adventure-type games. And because marathon gaming yields heat and sweat, the new headset features ear pieces covered with washable performance-sport cloth for a comfortable, soft touch even after hours of use. With a flexible, noise-canceling folding mic, sound is focused on your voice, practically eliminating background noise for better audio quality. In-line audio controls for volume and microphone mute are within easy reach on the connection cable. The Logitech G230 Stereo Gaming Headset is expected to be available for a suggested retail price of $59.99.

Availability

Each of these products is expected to be available in the U.S. beginning in April 2013 and in Europe beginning May 2013. For more information please visit gaming.logitech.com or our blog.

About Logitech

Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech’s combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).

Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.

(LOGIIR)

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130320005531/en/

Logitech
Elizabeth Van Slyke
510-713-5185
evanslyke@logitech.com

KEYWORDS:   United States  Europe  North America  California  Switzerland

INDUSTRY KEYWORDS:

The article Logitech Renews Commitment to PC Gaming, Introduces New Lineup originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

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