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**Alert** A&S Acquires Coney Island

August 26, 2013 Dear Client: Alchemy & Science announced today that it has acquired all rights to the Coney Island craft beer brands. Alan Newman, president of Alchemy & Science, a craft beer incubator based in Burlington, Vermont and Jeremy Cowan, founder of Shmaltz Brewing, whose brands included Coney Island, made the announcement. Jeremy Cowan founded Shmaltz Brewing in 1996 starting with He'brew Beer. Shmaltz launched the Coney Island brand in 2007. As part of the transaction, Jeremy will be

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