Barfresh
Approved
by
Leading
Multinational Restaurant
Chain with over 3,000
Locations
Rollout to
begin during Summer of 2020
LOS
ANGELES,
CA -- March 23, 2020 -- InvestorsHub NewsWire
-- Barfresh Food Group, Inc.
(OTCQB: BRFH), a manufacturer of frozen, ready-to-blend
beverages, today announced that it has
received written notification for the commencement of a
regional rollout for multiple products
from a leading multinational
restaurant chain
with over 3,000 North American
locations.
"After years of development
and testing with one of the largest multinational
chains, we have completed all testing
requirements and have been approved
to commence rolling out
our
products this summer," stated Riccardo Delle Coste,
the Company's CEO. "The roll out will
commence regionally during the summer
of 2020 with multiple
flavors. We will be communicating more
details once the product is on the menu."
"This is a major
milestone and dramatically expands near and long-term
profitable
growth
opportunities for Barfresh," continued Riccardo Delle
Coste. "We have an established
organization with ample manufacturing capacity, logistics and
distribution network to successfully service this
multinational
restaurant client
and many others. We look forward to updating
you on our progress as well as updating you on additional
opportunities
as they move
forward this year."
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 10-K and Quarterly
Report on Form 10-Q. 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