Eastside Distilling Announces Board Membership Change

PORTLAND, Ore.--()--Eastside Distilling, Inc. (NASDAQ: EAST) today announced the appointment of Owen Lingley to its board of directors. Lingley replaces Patrick Crowley. Mr. Crowley tendered his resignation after being contracted to produce a Jurassic Park series film that requires him to be based full time in London for more than a year. The board vacancy will be filled by Mr. Lingley, Chairman of Craft Canning + Bottling, a leading provider of mobile canning and bottling services in Oregon, Washington and Colorado that Eastside acquired in January 2019.

Grover Wickersham, Chairman of Eastside Distilling, commented, “We thank Pat Crowley for his many contributions to the board during this past year and are sure he will have great success with his major new responsibilities. Pat will continue to be an asset to Eastside as an informal advisor. We also welcome Owen to the Board. Owen’s insights and strong leadership of Craft Canning, which is now a major part of our business, will be invaluable to Eastside shareholders.”

About Eastside Distilling

Eastside Distilling, Inc. (NASDAQ: EAST) has been producing high-quality, award-winning craft spirits in Portland, Oregon since 2008. The company is distinguished by its highly decorated product lineup that includes Redneck Riviera Whiskey, Burnside Bourbon, West End American Whiskey, Goose Hollow Reserve, Below Deck Rums, Portland Potato Vodka, Hue-Hue Coffee Rum and a distinctive line of fruit infused spirits. Eastside Distilling is majority owner of Big Bottom Distilling (makers of The Ninety One Gin, Navy Strength Gin and Delta Rye whiskey) and the Redneck Riviera Whiskey Co. All Eastside, Big Bottom and Redneck Riviera spirits are crafted from natural ingredients for quality and taste. Eastside’s Craft Bottling + Canning subsidiary is one of the Northwest’s leading independent spirit bottlers and ready-to-drink canners. The Company also owns Outlandish Beverages LLC, an Oregon LLC for making and selling products that don't have alcohol, but include ingredients such as CBD. For more information visit: www.eastsidedistilling.com or follow the company on Twitter and Facebook.

Important Cautions Regarding Forward-Looking Statements

Certain matters discussed in this press release may be forward-looking statements. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in obtaining new customers; the Company's success in product development; the Company's ability to execute its business model and strategic plans; the Company's success in integrating acquired entities and assets, and all the risks and related information described from time to time in the Company's filings with the Securities and Exchange Commission ("SEC"), including the financial statements and related information contained in the Company's Annual Report on Form 10-K and interim Quarterly Reports on Form 10-Q. Examples of forward-looking statements in this release may include statements related to our strategic focus, product verticals, anticipated revenue, and profitability. The Company assumes no obligation to update the cautionary information in this release.

Contacts

Company Contact:
Eastside Distilling
Steve Shum
971-888-4264
inquiries@eastsidedistilling.com

Investors:
Robert Blum
Lytham Partners, LLC
(602) 889-9700
east@lythampartners.com

$Cashtags

Contacts

Company Contact:
Eastside Distilling
Steve Shum
971-888-4264
inquiries@eastsidedistilling.com

Investors:
Robert Blum
Lytham Partners, LLC
(602) 889-9700
east@lythampartners.com