For Further Information:
Scheid Vineyards Inc.
(Nasdaq: SVIN)
305 Hilltown Road
Salinas, CA 93908
(831) 455-9990
CONTACT: Scott D. Scheid, President & CEO
For Immediate Release:
August 4, 2005
SCHEID
VINEYARDS ANNOUNCES NEW WINERY
WILL BE OPEN FOR THE ′05 HARVEST &
KEY
APPOINTMENTS TO WINEMAKING TEAM
GREENFIELD,
CA – August 4, 2005 - Scheid Vineyards Inc. (Nasdaq: SVIN) announced today that
its newly constructed winery will be completed in time for the 2005 harvest and
it is expected that the first load of grapes will be crushed in early
September.
Scott D. Scheid, the Company’s
President and CEO, stated, “We are very pleased to announce that construction
of the Scheid Winery is proceeding on schedule and we are confident that we
will be ready in time for the upcoming harvest. The completion of this first phase will result in the capacity to
crush approximately 10,000 tons of grapes.
Scheid Winery is designed as a state-of-the-art facility with gentle and
efficient fruit handling, superior sanitation, and sophisticated
technology. We will operate both as a
custom crush facility for present and future winery customers, as well as a
winemaking facility for our own grape production.”
In connection with the opening of
Scheid Winery, Scheid Vineyards announced today several key appointments to its
winery team, as follows:
Buddy
Masuda has been named Winery General Manager. Masuda brings 30 years of winemaking experience and plant
management skills, most recently at the Golden State Vintners facility in
Soledad where he served as supervisor, process control manager, and senior
winemaker for the past eight years.
Preceding GSV, Masuda spent 23 years with Joseph E. Seagram & Sons
in various capacities.
Dave
Nagengast continues as Winemaker.
Nagengast joined Scheid Vineyards in 2003 and has been in charge of
supervising all of the wines at six different facilities for Scheid’s wine
contracts. Prior to joining Scheid,
Nagengast held various winemaking assignments at San Martin Winery, Mirassou
Vineyards, and LaVelle Vineyards.
Ralph
Mendez has joined Scheid Winery as Cellar Master. This year will mark his 39th harvest in Monterey
County. Prior to joining Scheid
Vineyards, Mendez spent seven years with the Golden State Vintners facility in
Soledad as General Manager. Preceding
GSV, he spent 31 years at Paul Masson, which later became part of Constellation
Wines.
Chrissy
Wittmann has joined Scheid Winery as Assistant Winemaker. Wittmann was most recently laboratory
manager/production winemaker at Courtside Cellars, a custom crush
operation. Prior to Courtside, Wittmann
was laboratory enologist for Meridian Vineyards.
Scheid Winery is located adjacent to
the Company’s vineyard headquarters, just off of U.S. Highway 101 at 1972
Hobson Avenue, Greenfield, California.
For information regarding Scheid’s 2005 processing availability, please
contact Tony Stephen at (707) 688-3628.
Scheid
Vineyards Inc. ( www.scheidvineyards.com) is an
independent producer of premium wine grapes and operates approximately 5,600
acres of vineyards, primarily in Monterey County, California. The Company sells most of its grape
production under short and long-term grape and bulk wine contracts to wineries
producing high quality table wines, and the Company also produces a small
amount of ultra premium wine under its own label.
Note: This press release contains forward-looking
statements concerning the Company’s intention to build a winery. These forward-looking statements can
generally be identified as such because the context of the statement will
include such words as “expected” “anticipates” or words of similar import. Such forward looking statements are subject
to certain factors, risks and uncertainties which could cause actual results to
differ materially from those currently anticipated. Such factors, risks and uncertainties include, but are not
limited to, (i) final approval and permits for the project by the County of
Monterey and other governmental agencies, (ii) delays in construction due to
weather, unavailability of materials, equipment, or labor, or other reasons so
that that the winery is not in production by the harvest of 2005, (iii)
unanticipated cost overruns, and (iv) financing of the project. The forward-looking statements made herein
are only made as of the date of this press release and the Company undertakes
no obligation to publicly update such forward-looking statements to reflect
subsequent events or circumstances.
#############