Bacardi And The Art Vault Forge Global Partnership.Business Editors TORONTO--(BUSINESS WIRE)--Oct. 10, 2000 The Art Vault Limited (CDNX CDNX See Canadian Venture Exchange (CDNX). :ARV ARV abbr. Bible American Revised Version ARV n abbr (= American Revised Version) → traducción americana de la Biblia ARV n abbr (= .V) Bacardi and the Art Vault To Bring the Art of Latin America to the World The Bacardi Family Foundation and the Art Vault Limited (ARV.V) today announced details of a strategic partnership that will raise global appreciation for the art of Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . By sponsoring the Art Vault's Latin American content and working together on the translation of the Art Vault's education section "Discovering Art" into Spanish, the Foundation and the Art Vault will significantly contribute to the promotion of Latin American artists and culture worldwide. "We are delighted to be partnering with the Art Vault as a way of demonstrating our Foundation's commitment to promoting Latin American art You can assist by [ editing it] now. and culture around the world," said Robert O'Brien, Director, Bacardi Family Foundation". "In partnership with the Foundation, the Art Vault will be able to further its mission of building an on-line global art community and providing a strong educational component, with a special focus on multiculturalism," said Paul Godin, Chairman and Founder of the Art Vault. "By broadening our message to different markets, we expect to increase awareness of our brand and on-line sales," added Godin. The Art Vault will become the exclusive worldwide on-line auction partner for the BACARDI 8 Millennium decanter by BACCARAT baccarat (bä`kərä', băk`–, Fr. bäkärä`), French card game formerly widely played in European casinos but now supplanted in popularity by chemin de fer. , a one-time limited edition, hand-filled, Sherry cask finished selection of BACARDI 8 rum. Each decanter comes with a personalized numbered certificate of authenticity A Certificate of Authenticity (COA) is a seal or small sticker on a proprietary computer program, t-shirt, jersey, or any other memorabilia item, especially in the world of computers and sports, which is designed to demonstrate that the item is authentic. signed by Ruben Rodriguez, Chairman, President and C.E.O. of Bacardi Limited. In addition, each decanter auctioned will bear the name and signature of a famous artist and/or celebrity. This will make each decanter a one of a kind masterpiece. The first live on-line auction of the Decanters will take place this fall and all proceeds will go to various charities around the world. The Bacardi Family Foundation will profile a Latin American art collection on the Art Vault's website this fall through its "Discovering Art" section and an on-line art exhibition that will feature streaming video and educational information about the art of Latin America. About the Art Vault Through its website at www.artvault.com, the Art Vault offers auction and fixed pricing options for the sale of art and provides educational content to a worldwide audience. Established in 1999, the Art Vault Limited, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the Art Vault International Limited, is based in Toronto with planned operations in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Los Angeles, London and throughout Europe, Asia and the Middle East. About Bacardi Originally founded by Don Facundo Bacardi in 1862 in Santiago de Cuba Santiago de Cuba (säntyä`gō thā k `bä), city (1994 est. pop. 385,800), capital of Santiago de Cuba prov., SE Cuba. , today Bacardi is headquartered in Hamilton, Bermuda. It is the world's largest privately held, family-owned spirits company. Bacardi is the producer of the world's great BACARDI rums. Selling in excess of twenty million cases per year, BACARDI rum is the globe's number one international premium selling spirit. For more information visit our website at www.bacardi.com. |
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