Niagara Parks Expected to be Highest Volume Single Venue for Barfresh
Niagara Parks has 12 Million Annual Visitors
Barfresh Products to be Served at 10 Locations Throughout the Park
BEVERLY HILLS, Calif., April 13, 2018 (GLOBE NEWSWIRE) -- Barfresh Food Group, Inc. (OTCQB:BRFH), a manufacturer of frozen, ready-to-blend beverages, today announced that it has entered into a supply agreement with Niagara Parks, an agency of the Government of Ontario, Canada, to provide Barfresh’s branded smoothies at 10 of the Park’s prime serving locations beginning in May 2018 ahead of the tourism season. Niagara Parks hosts approximately 12 million visitors annually at the world famous landmark.
Riccardo Delle Coste, the Company's CEO stated, "Niagara Parks is truly a world class tourist attraction and a marquee win for our business in Canada. The Park straddles Canada and the United States and we are proud to serve its patrons with our healthy frozen beverages at 10 of the Park’s most visited foodservice locations. We continue to build our presence in alternative foodservice venues that offer a unique opportunity for Barfresh to expand its brand and gain exposure from the high-volume of visitors. We have already established a strong reputation in the tourism channel, with customers such as Ellis Island, the Statue of Liberty and the Long Beach Aquarium in Long Beach, California. Attendance at Niagara Parks is approximately three times larger than our busiest tourism location and we believe our products are uniquely suited to meet the demands of this new extremely high volume account. We continue to seek new customers across all foodservice channels including tourism, education, military and national food service accounts and look forward to enhancing shareholder value with accelerating strong future growth.”
About Barfresh Food Group
Barfresh Food Group, Inc. (OTCQB:BRFH) is a developer, manufacturer and distributor of ready-to-blend beverages, including smoothies, shakes and frappes, primarily for restaurant chains and the foodservice industry. The company's proprietary, patented 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.
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.
Contact
John Mills
ICR
646-277-1254
John.Mills@icrinc.com
Jeff Sonnek
ICR
646-277-1263
Jeff.Sonnek@icrinc.com