DIT AMCON Distributing Co

AMCON Distributing Company (�AMCON�) (AMEX:DIT), an Omaha, Nebraska based consumer products company is pleased to announce that it has settled its outstanding litigation with Television Events & Marketing, Inc. (�TEAM�). The settlement will not result in a material impact on AMCON�s operating results and provides for certain promotional considerations to be rendered by TEAM to AMCON. Christopher Atayan, AMCON�s Chief Executive Officer, said, �This is another important step in the development of our long term strategic plan. Senior management had been devoting significant time and financial resources to this litigation. This amicable settlement will enable us to positively channel our energies to productive uses and meaningfully reduce our legal expenses going forward. Tom Kiely and his TEAM organization have an outstanding reputation for television excellence having won 5 Emmy Awards since inception in 1990 and we look forward to jointly developing opportunities together in our core consumer products business.� AMCON is a leading wholesale distributor of consumer products, including beverages, candy, tobacco, groceries, food service, frozen and chilled foods, and health and beauty care products with distribution centers in Illinois, Missouri, Nebraska, North Dakota and South Dakota. Chamberlin's Natural Foods, Inc. and Health Food Associates, Inc., both wholly-owned subsidiaries of The Healthy Edge, Inc., operate health and natural product retail stores in central Florida (6), Kansas, Missouri, Nebraska and Oklahoma (4). The retail stores operate under the names Chamberlin's Market & Cafe and Akins Natural Foods Market. This news release contains forward-looking statements that are subject to risks and uncertainties and which reflect management's current beliefs and estimates of future economic circumstances, industry conditions, Company performance and financial results. A number of factors could affect the future results of the Company and could cause those results to differ materially from those expressed in the Company's forward-looking statements including, without limitation, availability of sufficient cash resources to conduct its business and meet its capital expenditures needs. Moreover, past financial performance should not be considered a reliable indicator of future performance. Accordingly, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 with respect to all such forward-looking statements. Visit AMCON Distributing Company's web site at: www.amcon.com