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Legacy Sponsors Exclusive Food Pairing Event

^{Published on 2009-12-04 05:05:57 - Market Wire}
 

TIANJIN, CHINA--(Marketwire - December 4, 2009) - Legacy Wine and Spirits International Ltd. (OTCBB: [ LWSP ]) reports that the Company will be sponsoring a food pairing event in Shanghai on December 11th to be attended by approximately 400 individuals from China's Restaurants and Hotel Industry. The event is designed to promote seafood and Legacy was chosen as the only wine company to be represented at the event, which will provide an excellent opportunity to broaden the base of acceptance for Legacy's wine selections.

Legacy's wine hostesses will be present handling sales and individual questions regarding the Company's wine selection. The Company is optimistic about entering the Shanghai wine market as Shanghai is the most prosperous and highest income city on China's eastern coast. Population income growth as a result of economic growth will be the basis for high wine consumption growth in the future.

Shanghai's wine consumption level is very high, with per capita consumption of 2.5L back in 2001. In 2006, per capita GDP in Shanghai reached US$7,000, while per capita GDP nationally was only US$1,700. This income differential is the main reason for increased wine consumption in China and rapid economic growth and population income improvement in the future should ensure the long term prosperity of the wine industry in China.

China is the world's fastest growing wine consumption market. Consumption levels in the world's traditional wine consumer countries have remained flat in the last 10 years, with China being the exception. China's wine sales continue to increase, leading to a stampede from global wine producers.

ABOUT LEGACY WINE AND SPIRITS INTERNATIONAL LTD.

Legacy Wine and Spirits International Ltd. is in the business of importing bottled wines from around the world for the purpose of wholesale and retail distribution throughout China, in particular through the Company's corporately owned stylish outlet showroom and wine tasting facilities.

 /s/ Christopher Scheive Christopher Scheive, President 

For further information contact: 1-888-488-6882

Visit our website: [ www.legacywineandspirits.com ]

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Legacy's filings with the Securities & Exchange Commission.