Iconic Brands, Inc. ("Iconic") (OTCBB: ICNB) a developer and marketer of the highest quality, celebrity branded alcoholic beverages, has entered into an agreement with Paramount Licensing Inc., to develop, produce and market "The Godfather Italian Organic Vodka," inspired by Paramount’s award-winning film, THE GODFATHER, it was announced today. Iconic expects to launch the new brand later this year.