Friday, January 15, 2010

Arnold Rosen No Longer a Director of Liquor Group Wholesale

Jacksonville, FL January 15, 2010 Liquor Group Wholesale (Publicly Traded: LIQR) announced today the voluntary resignation of Arnold Rosen from the Board of Directors of the Company. Rosen had acted as a Director of the company after being kept on as a Director from the acquisition of North American Food & Beverage in August of 2007.

The company has no specific candidate in mind to replace Arnold Rosen; however it has begun reviewing resumes to fill the open position. The Board has four remaining Directors: C. J. Eiras, Lowell Newman, Steven Dodge and Jan P. Eiras and will continue operations as usual.

The company announced today that it has also adopted much stronger By-Laws requiring any Director holding insider information in the company to sign the required filings in order to maintain the company compliance with regulators, or face termination as a Director, so long as no specific objection with the document has been raised.