BEVERLY HILLS, Calif., June 22, 2017 (GLOBE NEWSWIRE) -- Barfresh Food Group, Inc. (OTCQB:BRFH), a manufacturer of frozen, ready-to-blend beverages, today announces that the Company continues to expand its customer base with high-volume foodservice locations. Specifically, the Company has realized successful placements in multiple foodservice channels such as Amusement, Recreation & National Parks, Casinos, Sports Venues & Events, Education and Business, driven in large part by its recently signed agreements with several national third party operators. This marks a pivotal change as the Company transitions from signing agreements to adding actual customers and realizing revenues from those agreements.
As an example of some of these new customer wins, Barfresh products were recently introduced at Elitch Gardens Theme Park in Denver and multiple zoos across the country. Regarding casinos, Barfresh recently started selling into MGM Circus Circus, the Silver Nugget and the Four Seasons in Michigan, which is in addition to previous placements at Las Vegas-based Caesars Entertainment properties and SLS Casino.
The Company has also begun selling its products into major attractions such as NASA in Houston, the Hoover Dam Visitor’s Center, prestigious race tracks in New York managed by third party operators, the New Orleans Arena and the College World Series of Baseball in Omaha, just to name a few.
Within education and business, Barfresh is now being sold in universities such as Penn State University, Stanford, Colorado State, Florida State University and the University of Tennessee. Barfresh is also now selling product in many workplace and healthcare locations such as Houston’s Methodist Hospital and Parkland Hospital in Dallas, many of which are run by third party operators that the Company has agreements with.
Riccardo Delle Coste, the Company's CEO stated, "Barfresh has been able to help its foodservice customers overcome the challenges presented by high-volume locations through innovation. Our ability to offer an all-natural, high quality, great tasting and profitable product continues to be enthusiastically embraced, especially given the operational complexity associated with serving frozen beverages in fast-paced food service environments. Momentum with these large venues continues to accelerate and is a testament to how well Barfresh has been able to address the unmet need in today’s marketplace. Our team continues to work with our partners to accelerate growth and we look forward to providing additional updates on our progress.”
About Barfresh Food Group
Barfresh Food Group, Inc. (OTCQB:BRFH) is a developer, manufacturer and distributor of all-natural, ready-to-blend beverages, including smoothies, shakes and frappes for restaurant chains and the foodservice industry. The company's proprietary, patented frozen beverage solution uses pre-packaged beverage ingredients that deliver freshly made frozen beverages that are quick, cost efficient and better-for-you while eliminating waste. For more information, please visit www.barfresh.com.
Forward-Looking Statements
Except for historical information herein, matters set forth in this press release are forward-looking within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements about the Company's commercial progress and future financial performance. These forward-looking statements are identified by the use of words such as "grow", "expand", "anticipate", "intend", "estimate", "believe", "expect", "plan", "should", "hypothetical", "potential", "forecast" and "project", among others. All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the Company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company and may not materialize. Investors are cautioned that any such statements are not guarantees of future performance. The contents of this release should be considered in conjunction with the warnings, risk factors and cautionary statements contained in the Company's recent filings with the Securities and Exchange Commission, including its Annual Report on Form 10K and Quarterly Report on Form 10Q. Furthermore, the Company does not intend, and is not obligated, to update publicly any forward-looking statements, except as required by law.