updated 12/15/2010 2:16:26 PM ET 2010-12-15T19:16:26

WILTON, Conn., Dec. 15, 2010 (GLOBE NEWSWIRE) -- Drinks Americas Holdings, Ltd., (OTCBB:DKAMD), a leading developer and marketer of beverage products, announced that its common stock will begin trading under the Company's original ticker symbol "DKAM" at the opening of markets on Monday, December 20. The stock had previously traded under the symbol "DKAMD" following the Reverse Split of November 15, 2010.

Drinks Americas will file its Second Quarter 2011 results with the SEC on Monday, December 20th which it will follow-up with a summary press release. The Company will also post a shareholder letter on its web site offering an expanded review of Drinks Americas business development and progress.

About Drinks Americas

Drinks Americas develops, owns, markets, and nationally distributes alcoholic and non-alcoholic premium beverages associated with renowned icon celebrities and brands. Most recently, the Company has re-launched the historic and well remembered Rheingold Beer brand on the East Coast {Metro New York, Connecticut, New Jersey, Pennsylvania and Massachusetts} which it continues to expand. Please visit our new websites at www.drinksamericas.com and www.rheingoldbrewingcompany.com.

The Drinks Americas Holdings, Ltd. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7881

Safe Harbor

Except for the historical information contained herein, the matters set forth in this release, including the description of the Company and its product offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the Company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the Company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.

CONTACT:  Drinks Americas, Inc.
          Charles Davidson 
          203-762-7000

          CEOcast, Inc. 
          Dan Schustack 
          212-732-4300

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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