Vinfolio, Inc. Announces $1.6 million Investment Adds two top-tier investors to Board of Directors

San Francisco, CA - Vinfolio, Inc., the premier fine wine retailer and collector services company, announced a strategic $1.6 million investment from a group of 10 individual investors led by Jean Michel Valette, MW, and Former Chairman at Robert Mondavi Winery and Colin Lind, Managing Partner at Blum Capital Partners, LP. Mr. Valette and Mr. Lind will both sit on the company’s Board of Directors and join an impressive industry advisory team that includes Charles McMinn, owner Vineyard 29, Rajat Parr, wine director Mina Group, Martine Saunier, founder Martine’s Wines Inc. and William J. Shea, Jr. president and co-founder, Kelly Transportation Services Inc. The investment represents the first outside investment for Vinfolio which since its inception in 2003 has been solely funded by its founder and CEO, Stephen Bachmann.

“We are thrilled that Jean Michel and Colin joined the team and see it as a vote of confidence in Vinfolio,” states Bachmann. “The investment combined with the experience of Jean Michel and Colin positions Vinfolio to be the premier destination for wine enthusiasts and collectors.” After debuting a state-of-the-art e-commerce site last month, Vinfolio plans to further invest in enhancing the online functionality available to its users and to expand its already extensive retail wine inventory.

‘"Few companies have the opportunity to transform an industry. Vinfolio is on its way to fundamentally change the way consumers buy, store and sell fine wine. I look forward to being an integral part of that path,” says Valette.

About Vinfolio, Inc. Based in San Francisco, Vinfolio (www.vinfolio.com) sells fine wine and services to wine collectors and enthusiasts. Its guiding principle is “Fine wine, finer service,” demonstrating Vinfolio’s unparalleled level of personalized customer service and collector services. Vinfolio’s wine store is seamlessly integrated with collector services, all designed to make the wine buying, selling and collecting experience effortless and enjoyable. From an extensive selection of fine wine to VinCellar™, its online cellar management software, to collector services (including on-site inventorying and full-service storage), Vinfolio delivers “Fine wine, finer service”. Vinfolio was founded in 2003 by CEO Stephen J. Bachmann, who incorporated his expertise in technology and finance with his passion for wine. For more information on Vinfolio visit www.vinfolio.com.


# # #