Barfresh Food Group, Inc. (BRFH) has engaged Liolios Group to lead their investor relations and financial communications program.
"Over the course of the last year, we extended and enhanced our product range, set up our manufacturing and engaged several large customers," said Riccardo Delle Coste, president and CEO of Barfresh. "Our pipeline of opportunities continues to rapidly expand, and with our recent acquisition of the worldwide, exclusive patent rights to our ready-to-blend beverage packs, we can now satisfy the needs of our larger customers with international locations and grow globally. And our market timing could not be more ideal, with the U.S. smoothie market alone growing 80 percent over the last five years to more than $2 billion annually, and the global market expected to hit $9 billion by 2015.
"Given our momentum, we believe our shareholders will benefit from an experienced team of investor relations professionals to help us navigate the global capital markets and increase awareness of our story in the financial community. Liolios Group brings a proven track record of assisting emerging growth companies like Barfresh enhance shareholder value by delivering the right message to the right audience with persistency and focus."
Liolios Group will work closely with Barfresh management to develop and execute a comprehensive capital markets strategy, which will include messaging and corporate positioning, strategic advisory and introductions to new investors and key influencers across the financial community. Ongoing activities will include scheduling analyst meetings, roadshow presentations and investment conferences.
Want to learn more about BarFresh? Check out our exclusive interview with CEO Riccardo Delle Coste.
Sources: MarketWatch
Founder and Editor-in-Chief for NBTEquitiesResearch.com. Contributor and Anchor for the Fox News Channel and Fox Business Network 2000-2013. Chairman & CEO of NBT Group, Inc., a boutique private capital investment bank and investor relations organization.
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