Barfresh Expands Penetration of the Education Channel with Addition of 235 New School Locations in the Midwest
May 17 2022 - 8:30AM
Barfresh Food Group, Inc. (the “Company” or “Barfresh”) (Nasdaq:
BRFH), a provider of frozen, ready-to-blend and ready-to-drink
beverages, today announced that it has expanded its education
program to an additional 22 new school districts serving 235 school
locations in the Midwest. These districts, representing a
collective population of over 240,000 students, will serve the
Company’s product between two and five times a week to their
students.
Riccardo Delle Coste, the Company’s Chief Executive Officer,
stated, “Barfresh has continued to press forward with the education
channel securing new territories as we did earlier this year
expanding in the Southeast and now in the Midwest. We made the
decision to increase the size of our sales team back to pre-COVID
levels at the beginning of the year in response to increased
opportunities across our customer base and have had great success
continuing to expand our footprint. We look forward to carrying
this momentum through the rest of the year and expect to have a
number of new school announcements to share as we enter into the
2022-2023 school year.”
About Barfresh Food Group
Barfresh Food Group, Inc. (Nasdaq: BRFH) is a
developer, manufacturer and distributor of ready-to-blend and
ready-to-drink beverages, including smoothies, shakes and frappes,
primarily for the education market, foodservice industry and
restaurant chains, delivered as fully prepared individual portions
or single serving and bulk formats for on-site
preparation. The company's single serving, on-site
prepared product utilizes a proprietary, patented system that
uses portion-controlled pre-packaged beverage ingredients,
delivering a freshly made frozen beverage that is quick, cost
efficient, better for you and without waste. Barfresh has a
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,
including statements about the Company's commercial progress,
success of its strategic relationship(s), and projections of 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",
“continue,” “could,” “may,” “predict,” and “will” and variations of
such words and similar expressions are intended to identify such
forward-looking statements. 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.
Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may
vary materially from those indicated or anticipated by such
forward-looking statements. Accordingly, you are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date they are made. The contents of this
release should be considered in conjunction with the Company's
recent filings with the Securities and Exchange Commission,
including its Annual Report on Form 10-K, Quarterly Reports on Form
10-Q and Current Reports on Form 8-K, including any warnings, risk
factors and cautionary statements contained therein. Furthermore,
the Company expressly disclaims any current intention to update
publicly any forward-looking statements after the distribution of
this release, whether as a result of new information, future
events, changes in assumptions or otherwise.
Investor RelationsJohn
MillsICR646-277-1254John.Mills@icrinc.com
Deirdre
ThomsonICR646-277-1283Deirdre.Thomson@icrinc.com
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