Gary Bannerman writes
			
				
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					Bounty Cellars' founders Ron Pennington and Wade Rains 
					
					The 
					salvation of an industry 
					
					Négociants may prove to be the salvation of 
					the premium-price sector of the wine industry. Scientific 
					advances in agronomy and viticulture, and related technology 
					has dramatically raised the quality and consistency of 
					low-priced wines, in an era when the number of 
					boutique-sized wineries and speciality labels have literally 
					exploded world-wide. The marketing and promotional costs 
					associated with a boutique product, if it is to achieve a 
					market identity worthy of the price, is about the same as a 
					label with a production volume 100 times larger. 
					 
					The paradox is that the scores of new, 
					small-volume wines are entering the market (often former 
					grape growers who used to sell to the majors, but who have 
					cashed-in on breaking up their acreage, selling plots to 
					multiple owners), while the public is amidst a mass 
					evacuation from the premium-priced market. Tanker trucks 
					full of wine that had been destined for $50 a bottle and up 
					retail, are now selling as Charles Shaw ("Two Buck Chuck") 
					in the U.S., Yellow Tail from Australia or the litre boxes 
					of Don Pepe in Spain for less than one Euro. Veritable 
					oceans of great wine are being dumped. 
					Négociants can build value for a specific 
					label or brand and achieve a standard of quality that can 
					only be delivered from top grapes or outstanding juice and 
					first class winemaking. Selling this basic stock to a 
					prestigious négociant for a premium price may deliver a 
					better net return without the cost of bottling, labelling, 
					packing, transporting and marketing 
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			It has been a privilege of mine 
			during a long media career to have met, interviewed and/or dined 
			with some of the legendary names in the world of wine: Hugh Johnson, 
			Robert Mondavi, Leon Adams, Alexis Lichine, Paul Bouchard, Brother 
			Timothy of Napa, the Baroness Rothschild and many others. A few 
			became great personal friends, such as the late Leigh Knowles Jr., 
			the former Glen Miller orchestra member who managed the 
			distinguished Beaulieu Vineyards (BV) of Napa Valley, and Robert N. 
			Lindeman, a direct descendant of the founder of the Australian wine 
			industry who had been honoured world-wide, including a special award 
			presented by the President of France.
			Through these contacts, travel and 
			some investment, I have also had an opportunity to taste at least 
			one vintage of just about all of the world's greatest wines, and 
			obtained case lots of a few of them. 
			It goes beyond the word "admiration" 
			(astonishment would be more accurate) to describe how I view the 
			courage and persistence of Harry McWatters, Tony von Mandl, Dr. Joe 
			Peller and hundreds of smaller players who have metamorphosed 
			British Columbia's Okanagan into a prime wine growing region.
			
			
			I was at a business associate's 
			private party early in 2005 and discovered an amiable chap in the 
			corner pouring glasses of red and white wines. I grabbed a glass of 
			red and carried on to my next conversation. My friend was in 
			mid-sentence when I took the first sip of wine, blurting out "wow," 
			the factor that means the most to me - the very rare wine that 
			commands attention. This was my first taste of Bounty Merlot. Merlot 
			is the workhorse varietal that is the winemakers' blending dream 
			world-wide, but which is otherwise the ultimate vin ordinaire, 
			rarely better than mediocre. Occasionally, such as in the State of 
			Washington, the merlot rises to greatness.
			That is what I tasted in the Bounty 
			Merlot that evening in 2005. I met Ron Pennington that night, the 
			Bounty Group president. He, his partner Wade Rains, a group of 
			investors and an extraordinary winemaker, Todd Moore, set out on a 
			different direction from all of the boutique wineries of the 
			Okanagan.
			The Bounty Cellars plan was in the 
			tradition of the great French négociant, using the best grapes, 
			juice and wine from throughout the Pacific Northwest to produce a 
			portfolio of top-quality wines year after year. Négociants have 
			operated in France for centuries. Some own vineyards but most don't. 
			Instead they buy grapes, juice and wines at various stages of 
			fermentation and aging, and the winemakers create house brands to 
			meet the criteria on the label. More than 190 négociant wineries 
			operate in the Bordeaux region alone. Some négociants, such as 
			Georges Duboeuf, have a recognizable house style and have become 
			world famous for their wines. Many négociants also own vineyards. In 
			Burgundy for instance, Duboeuf and Louis Jadot, are the largest 
			owners of vineyards. 
			
					The Bounty Group set out to create 
			special label wines for specific clients or events, as well as house 
			brands. Despite Bounty's relative youth as a business, both the 
			client list and an impressive number of prestigious industry awards 
			have added ever-more confidence to both the initial vision and the 
			long-term business plan.
			* * *
			Since that chance encounter in 2005, 
			the Bounty Group have been suppliers of promotional gifts to this 
			company's friends and clients. They never cease to please and win 
			compliments. We are now proposing to take this relationship to 
			another level, business development joint ventures on behalf of our 
			respective clients.
			
			
			
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