AquaBounty Technologies, Inc. (NASDAQ: AQB) (“AquaBounty” or the
“Company”), a land-based aquaculture company utilizing technology
to enhance productivity and sustainability, has engaged investor
relations specialists MZ Group (MZ) to expand its comprehensive
strategic investor relations and financial communications program.
MZ Group will work closely with the management of AquaBounty to
develop and implement a comprehensive capital markets strategy
designed to increase the Company’s visibility throughout the
investment community. AquaBounty’s investor relations campaign will
highlight its disruptive and proprietary technology in the farmed
salmon industry, as well the Company’s imminent commercial harvests
of both conventional Atlantic salmon in June 2020 and AquAdvantage
salmon (AAS) in the fourth quarter of 2020.
MZ Group has developed a distinguished reputation as a premier
resource for institutional investors, brokers, analysts and private
investors. The firm maintains offices worldwide, including New
York, Chicago, Minneapolis, San Diego, Aliso Viejo, Austin, Taipei
and São Paulo. Additionally, MZ Group was recently ranked the No. 1
consultancy in Latin America and No. 7 in the world in business
communication.
Greg Falesnik, Managing Director of MZ North America, will
advise AquaBounty in all facets of corporate financial
communications, including the coordination of roadshows and
investment conferences in key cities worldwide and building brand
awareness across all financial and media outlets.
Mr. Falesnik commented: “As the company with the first and only
genetically engineered animal protein approved for human
consumption by the U.S. Food and Drug Administration and Health
Canada, AquaBounty is moving forward in its mission to help feed
the world using a more sustainable and efficient approach to
high-quality, land based salmon farming. In addition to the obvious
environmental benefits that AquAdvantage salmon provide, there are
also significant economic benefits due to the salmon consuming less
feed and growing faster, resulting in a 70% increase in throughput
compared to farming conventional Atlantic salmon. We look forward
to introducing AquaBounty’s disruptive story to the investment
community, especially as they prepare for some major milestones on
the horizon, including the first harvest of conventional Atlantic
salmon beginning in June 2020 and the first harvest of AAS
beginning in the fourth quarter of 2020.”
“This is an exciting time for AquaBounty. Having achieved all of
our key milestones in 2019, we are positioned for a breakout year
in 2020 as we prepare to harvest our AquAdvantage salmon before
year-end ,” said Sylvia Wulf, Chief Executive Officer of
AquaBounty. “Our carefully monitored fish farming is safe, secure
and sustainable and has been proven to be advantageous for both the
environment and consumers. We fully expect our proprietary
AquAdvantage salmon to deliver game-changing solutions for global
problems, most notably, sustainable seafood production that
protects our marine ecosystem. Together with MZ, we are well
positioned to execute upon our commercial strategy while creating
long-term value for our shareholders.”
For more information on AquaBounty, please visit the Company’s
investor relations website here. To schedule a conference call with
management, please email your request to AQB@mzgroup.us or call
Greg Falesnik at (949) 385-6449.
About MZ GroupMZ North America is the US
division of MZ Group, a global leader in investor relations and
corporate communications. MZ North America was founded in 1996 and
provides full scale Investor Relations to both private and public
companies across all industries. Supported by our exclusive
one‐stop‐shop approach, MZ works with top management to support the
clients' business strategy in six integrated product and service
categories: 1) IR Consulting & Outreach – full service investor
relations and roadshow services; 2) IPO Advisory - preparation
services for the Pre-IPO journey; 3) ESG Consulting - providing
audit and roadmap guidelines to improve corporate ESG messaging and
rankings; 4) Financial & Social Media – lead generation and
social media relations; 5) Market Intelligence – real time
ownership monitoring; and 6) Technology Solutions – webhosting,
webcasting, distribution services, conference calls, CRM, and board
portals. MZ North America has a global footprint with offices
located in New York, Chicago, San Diego, Aliso Viejo, Austin,
Minneapolis, Taipei and São Paulo. For more information, please
visit www.mzgroup.us.
About AquaBounty
Technologies, Inc.AquaBounty Technologies, Inc.
(NASDAQ: AQB) is a commercial aquaculture company focused on
improving efficiency, sustainability, and profitability, leveraging
decades of biotechnology expertise to ensure the availability of
high-quality seafood to meet global consumer demand. By 2016, both
the U.S. Food and Drug Administration and Health Canada approved
the Company’s AquAdvantage salmon as the first and only
bioengineered animal protein for human consumption.
The Company’s AquAdvantage fish program is based
upon a single, specific molecular modification that results in more
rapid growth in early development, resulting in a 70 percent
increase in annual production output for AquAdvantage versus
conventional Atlantic salmon. With aquaculture facilities located
in Indiana and on Prince Edward Island, AquaBounty is raising its
disease-free, antibiotic-free salmon in land-based Recirculating
Aquaculture Systems, resulting in a reduced carbon footprint and no
risk of pollution to marine ecosystems as compared to traditional
sea-cage farming. For more information, please visit
www.aquabounty.com.
Forward-Looking StatementsThis press release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, each as amended. All statements other than
statements of historical fact contained in this press release are
forward-looking statements, including statements regarding
development of a shareholder communication program, an increase in
investor visibility, and creation of long-term shareholder value;
the potential for and timing of the harvesting and sale of our fish
from our production farms; the anticipated economic and
environmental benefits of our salmon; and the potential for fish
diseases, use of antibiotics, pollution of the marine environment,
and reduction in carbon footprint. Forward-looking statements
may be identified with words such as “will,” “may,” “expect,”
“plan,” “anticipate,” “upcoming,” “believe,” “estimate,” or similar
terminology, and the negative of these terms. Forward-looking
statements are not promises or guarantees of future performance and
are subject to a variety of risks and uncertainties, many of which
are beyond our control, which could cause actual results to differ
materially from those contemplated in these forward-looking
statements. Forward-looking statements speak only as of the date
hereof, and, except as required by law, we undertake no obligation
to update or revise these forward-looking statements. For
additional information regarding these and other risks faced by us,
please refer to our public filings with the Securities and Exchange
Commission (“SEC”), available on the Investors section of our
website at www.aquabounty.com and on the SEC’s website
at www.sec.gov.
Investor Relations Greg Falesnek Managing
Director MZ Group - MZ North America (949) 385-6449 AQB@mzgroup.us
www.mzgroup.us
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