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Pyramid posts strong fourth quarter sales; net loss drops substantially.(Pyramid Breweries Inc.)

Pyramid Breweries Inc. has announced the strongest fourth quarter sales performance in Pyramid's history. Gross sales revenue for the quarter ended December 31, 2005 was $12.4 million, representing overall growth of 11%, or $1.2 million, as compared to the fourth quarter a year ago, driven primarily by sales growth of 19% in the core Pyramid Brand Family. Net loss for the quarter improved 64% to $531,000 or ($0.06) per share, compared to $1.5 million or ($0.17) per share a year ago.

"A strong craft beer market and our investment in sales and marketing resources in the b

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