Iconic Brands Announces New Chief Financial Officer

AMITYVILLE, NY, Oct. 01, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - . (OTC PINK: ICNB) is pleased to announce the addition of Mr. David Allen as the company’s Chief Financial Officer. In this capacity Mr. Allen will oversee our various external professionals including audit, legal and banking, as well as strengthen our internal controls and procedures consistent with those required for up listing to a more senior exchange.

 Mr. Allen will also be spear heading the task of consolidating the entirety of the assets of both Bellissima and Bivi into Iconic Brands. This is consistent with what the company has intended, and previously stated.

 From December 2014 to January 2018, Mr. Allen served as Chief Financial Officer of WPCS International, Inc., a NASDAQ listed Construction Service Company. From June 2006 to June 2013, Mr. Allen was the Chief Financial Officer and Vice President of Administration for Converted Organics, Inc. a NASDAQ Listed environmentally friendly clean technology company. Previously, Mr. Allen served as Chief Financial Officer (1999 – 2003) and President and Chief Executive Officer (2003 – 2004) for Millbook Press, Inc., a Brookfield, Connecticut publisher of children’s books (NASDAQ Listed) and as the Chief Financial Officer and Vice President of Administration of JDM, Inc., a Connecticut business development and consulting company to the direct marketing business. Mr. Allen has also previously worked for DeAgostini USA Inc., Contiki Travel and Arthur Andersen & Co. Mr. Allen was an adjunct Professor of Accounting from 2005 to 2016 and currently is an Assistant Professor of Accounting at Southern Connecticut State University. Mr. Allen holds a B.S. degree in Accounting and an M.S. degree in Taxation from Bentley University in Waltham, Massachusetts. Mr. Allen is a Certified Public Accountant.

 Mr. Richard DeCicco commented, “Today I’m very pleased to announce that David Allen is joining our team. Mr. Allen has been working with us for the past few months in an advisory role, and his insight and experience have been extremely helpful. This is one more step towards taking our company to the next level. We will continue to work towards building our brands, company, and shareholder value”. 

 About Iconic Brands, Inc.

Iconic Brands Inc. ("Iconic") is a beverage company with the highest expertise of developing, from inception to completion, alcoholic beverages for itself and third parties. Iconic Brands markets and places products into national distribution through long standing industry relationships. Iconic is also a leader in "Celebrity Branding" of beverages, procuring superior and unique products from around the world and branding its products with internationally recognized celebrities. Currently offering Bivi Vodka, and Bellissima Prosecco, .

Please visit our website and follow us on twitter @BellissimabyCB and on Instagram @BellissimaProsecco: View Christie’s appearance schedule which we will continue to update, and great new recipes; 

Please visit our website to learn about the finest Sicilian Craft Vodka on the market today. Please watch the great videos with Chazz Palminteri to learn about our brand and see the map for our list of current retailers.

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 the Securities and Exchange Commission and available at .