BEVERLY HILLS, Calif., June 8, 2015 (GLOBE NEWSWIRE) -- Barfresh Food Group, Inc. (OTCQB:BRFH), a manufacturer of frozen, ready-to-blend beverages, today announced the completion of the test to roll-out with a national entertainment theme park operator. Under the terms of the agreement, Barfresh's line of blended beverages are now being offered to customers at theme parks across the United States.
"We are very excited about the introduction of our beverages to many new customers through our expansion into theme parks," said Riccardo Delle Coste, Chief Executive Officer of Barfresh. "This new supply contract reflects the increasing consumer demand for better for you, beverages, and we believe our ready-to-blend beverages offer a tremendous value proposition for our customers. We expect sales of our line of blended beverages to grow and gain market share as we continue to enter into strategic arrangements with a growing number of national accounts. We are also encouraged by the success of existing market tests and expect more national accounts to move from test to roll out."
Barfresh's proprietary system uses controlled, pre-packaged portions to deliver freshly made, all natural, frozen blended beverages that are quick, cost-efficient and do not require significant equipment or space to produce. Unlike traditional methods, the all-in-one packs have everything needed to produce a flavorful, fresh smoothie, resulting in virtually no waste. These product features facilitate maximum operating efficiencies for our customers while also facilitating simple, low-cost inventory management.
About Barfresh Food Group
Barfresh Food Group, Inc. (OTCQB:BRFH) is a developer, manufacturer and distributer of ready-to-blend beverages, including smoothies, shakes and frappes, primarily for restaurant chains and the foodservice industry. The company's proprietary, U.S. patent-pending system uses portion-controlled pre-packaged beverage ingredients that deliver freshly made frozen beverages that are quick, cost efficient, better for you and without waste. Barfresh has an exclusive distribution partnership with the leading food distributor in North America. For more information, please visit www.barfresh.com/us.
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.