Food Processing - Food Handling

Under the current leadership of Donald and Karyn Litchfield, OLW has made premium handcrafted California wines since 2000. OLW currently produces over 25 varieties including; Pinot Grigio, Sauvignon Blanc, Albarino, Chardonnay Viognier, Reisling, Muscat, White Zinfandel, White Port, Merlot, Mourvedre, Nebbiolo, Sangiovese, Barbera, Petite Sirah, Dolcetto, Cabernet Sauvignon, Cabernet-Shiraz, Syrah, Cabernet Franc, Tempranillo, Pinot Noir, Late Harvest Zinfandel, Port and several flavored Sparkling Wines. OLW’s wine variety information is available at www.vinopiazza.com/oldelockeford.

OLW Manager Donald Litchfield stated: “We are pleased and gratified to again receive recognition for our high quality wines. We have and will continue this tradition.”

At the recent San Francisco Chronicle Wine Competition, OLW’s wine awards included, by variety, the following:
Cabernet Franc Double Gold Best of Class 2003
Barbera Reserve Gold Best of Class 2003

OLW was originally constructed in 1946 on its twenty-five acre site located in Lockeford, California. In the late 1980’s, it fell into decline and closed. In 1998, Donald and Karyn Litchfield purchased it after a county foreclosure sale. After their purchase, they resurrected and renovated it. Since then they have created an original model for the wine industry. OLW provides custom wine making services to the industry, currently producing 35,000 cases per year, in addition to 2,500 cases per year under its own label.

CG Managing Member Frank Crivello stated: “We were pleased to provide Old Lockeford with working capital financing. Don and Karyn have established a solid winery. Not only do they making great tasting award winning wine, they have identified and designed plans to implement innovative businesses related to the wine industry. In addition to financing, we provide strategic consulting services to Old Lockeford.”

About Crivello Group, LLC www.crivello.com:
CG is a strategic advisors and partners to distressed and emerging companies. CG’s solutions for distressed or emerging companies include:
•Stabilization
•Capital & Debt Alternatives
•Staff, Boards, and Professionals
•Divestiture & Dissolution
•Plan of Restructuring or Reorganization

Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of CG could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company’s operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.

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