Agrify Announces the Formation of Strategic Advisory Board
February 24 2021 - 7:00AM
Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a
developer of highly advanced and proprietary precision hardware and
software grow solutions for the indoor agriculture marketplace,
today announced the formation of its new Advisory Board. Rosie
Mattio, Founder and Chief Executive Officer of MATTIO
Communications, and Matthew Kressy, Founding Director of the MIT
Integrated Design & Management (IDM) program, have both been
appointed to serve as trusted advisors to the Company. The Advisory
Board has been established to bring together a talented and
accomplished group of outside leaders to provide strategic guidance
and industry expertise on various aspects of Agrify’s business,
including market opportunities, public relations, and hardware and
software design and solutions.
“We're thrilled to add such knowledgeable talent to our new
Advisory Board,” said Raymond Chang, Chief Executive Officer of
Agrify. “Rosie and Matthew are both well regarded and experienced
leaders with areas of expertise that complement our business goals.
They offer unique perspectives and vast industry networks, and they
can also advise on ways to help Agrify accelerate growth and
capitalize on new market opportunities.”
“I’m honored to join the Advisory Board of Agrify and work
alongside Raymond and the innovative team at Agrify,” said Rosie
Mattio, Founder and Chief Executive Officer of MATTIO
Communications. “Agrify applies careful science to their solutions
in order to get the most value out of their customers' plants. That
competitive advantage will be necessary for brands to compete in an
increasingly crowded marketplace.”
Matthew Kressy, who previously served as an Independent Director
on Agrify’s Board of Directors, added, “I look forward to
continuing my involvement with Agrify as a member of their Advisory
Board. I’m excited to work with a company that is addressing and
solving problems for growers in this emerging space.”
Ms. Mattio is Founder and Chief Executive Officer of one of the
first and largest cannabis marketing agencies. In 2014, just as the
first states in the U.S. were legalizing cannabis, Ms. Mattio took
on her first cannabis clients. Today, her firm represents nearly 60
cannabis companies, including some of the best-known brands in the
space such as Curaleaf, TerrAscend, LeafLink, and Canndescent. Ms.
Mattio hosts her own podcast, Pot to Popular, and is a sought-after
expert on cannabis marketing.
Mr. Kressy is an expert in product design and development and
has served as Senior Lecturer and Founding Director of the MIT IDM
program. As an entrepreneur and Founder of Designturn, he has
designed, invented, engineered, and manufactured products for a
wide range of clients, from startups to Fortune 500 companies. Mr.
Kressy has also co-taught collaborative courses in product design
and development at top design and business schools, including the
MIT Sloan School of Management, the Rhode Island School of Design,
and Harvard Business School.
About Agrify (NasdaqCM:AGFY)
We are a developer of premium grow solutions for
the indoor agriculture marketplace. We use data, science, and
technology to empower our customers to be more efficient, more
productive, and more intelligent about how they run their
businesses. Our highly advanced and proprietary hardware and
software solutions have been designed to help our customers achieve
the highest quality, consistency, and yield, all at the lowest
possible cost. For more information, please visit our website at
www.agrify.com.
Forward-Looking Statements
This press release contains forward-looking
statements that are made pursuant to the safe harbor provisions
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-looking statements are based on management’s
current expectations and are subject to risks and uncertainties
that may cause actual results or events to differ materially from
those projected. These risks and uncertainties, many of which are
beyond our control, include: the definitive agreement with Hannah
may not be entered into; risks relating to our growth strategy; our
ability to obtain, perform under and maintain financing and
strategic agreements and relationships; risks relating to the
results of development activities; our ability to attract,
integrate and retain key personnel; our need for additional funds;
intellectual property matters; competition; as well as other risks
described in the section entitled “Risk Factors” in the prospectus
from our initial public offering, which can be obtained on the SEC
website at www.sec.gov. Readers are cautioned not to place undue
reliance on the forward-looking statements, which speak only as of
the date on which they are made and reflect management’s current
estimates, projections, expectations, and beliefs. We expressly
disclaim any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements contained
herein to reflect any change in our expectations or any changes in
events, conditions, or circumstances on which any such statement is
based, except as required by law.
Company Contacts:
AgrifyNiv KrikovChief Financial
Officerniv.krikov@agrify.com(617) 896-5240
Rob KellyInvestor Relationsrob@mattio.com(416) 992-4539
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