Near as my searches can determine, Cocktail Times appears to have the scoop on Sagatiba's introduction of its Velha cachaça in the U.S.
From their post:
...Velha is handcrafted from fresh pressed cane, distilled in copper pot stills, and aged in oak barrels for at least two years.
Can't wait to try it. While I did enjoy their Pura white cachaça, I did feel that a lot of the character was distilled out of it.
The post also has a couple of Sagatiba-supplied cocktail recipes.
UPDATE 2008-08-08 12:25 CDT: It would appear that Cocktail Times went a little hair-trigger on their "Submit" button. I'm told now that we won't be seeing Velha until October.