Taito also released a "family friendly" version of the game in 1984 entitled Zeke's Peak, where the artwork of bubbles rising in a mug of beer was replaced by a mountain-climbing theme.

Ice Cold Beer was designed by Keith Egging, who was VP of product development for Taito America.

As of July 8th, 2024, Roddy “notroddy” Brown, who resides in Tampa, FL by way of Kitanakagusuku, Okinawa, Japan, holds the undisputed world records across all categories in Ice Cold Beer, including the most points in 15 minutes, the most points in an hour, and the highest overall score of 2,168,560.

[1] Note: Rows highlighted in yellow (#FFFF99) represent official world records recognized by Twin Galaxies.

In 2003, Innovative Concepts in Entertainment (ICE) released a remake of the game with new artwork and a ticket dispenser.