Bel Fuse Inc. Retains Three Part Advisors as Investor Relations Counsel
November 17 2021 - 9:00AM
Bel Fuse Inc.
(Nasdaq: BELFA and
BELFB), a designer, manufacturer, and provider of
products that power, protect and connect electronic circuits, today
announced it has retained Three Part Advisors, LLC, a rapidly
growing, full-service investor relations ("IR") consulting firm.
Bel CFO, Farouq Tuweiq, noted, “Since joining the Bel family
earlier this year, I am excited and energized by the plethora of
internal strategic initiatives we have launched to better service
our customers and enhance our margins. We have retained Three Part
Advisors (“TPA”) to help us better connect with our shareholders
and enhance our communication effort”. Farouq further added that
“TPA will be instrumental in proactively increasing awareness and
educating investors about the significant opportunities that lie
ahead for our Company.”
Three Part Advisors will work directly with management to
develop and execute a comprehensive, strategic investor relations
program that focuses on educating investors and increasing exposure
within the investment community. In addition to providing investor
relations consulting services, Three Part Advisors also produces
IDEAS Conferences, which are annual independent regional investor
conferences that attract more than 150 quality presenting companies
and more than 1,000 investors and analysts annually.
"We are excited to work with Bel Fuse on its investor relations
program," said Steven Hooser, Partner at Three Part Advisors. "The
story is compelling and in ways has gone under the radar in the
investment community. Bel has a 70-year legacy of supplying cutting
edge products to blue-chip customers in the military, aerospace and
networking markets. We look forward to the opportunity of defining
Bel’s messaging to the investment community. Bel Fuse
is laser focused on margin improvement, has a strong backlog and a
robust R&D Pipeline. Bel is well positioned to drive solid
returns for shareholders and presents a tremendous opportunity for
investors."
About Bel Bel (www.belfuse.com) designs,
manufactures and markets a broad array of products that power,
protect and connect electronic circuits. These products are
primarily used in the networking, telecommunications, computing,
military, aerospace, medical, transportation and broadcasting
industries. Bel's product groups include Magnetic Solutions
(integrated connector modules, power transformers, power inductors
and discrete components), Power Solutions and Protection
(front-end, board-mount and industrial power products, module
products and circuit protection), and Connectivity Solutions
(expanded beam fiber optic, copper-based, RF and RJ connectors and
cable assemblies). The Company operates facilities around the
world.
About Three Part Advisors, LLCThree Part
Advisors, LLC provides independent research, investor relations,
and corporate development consulting services. The firm has a
proven record of assisting public company clients to increase
trading liquidity and decrease stock price volatility, which
ultimately impacts total valuation and lowers the cost of capital.
Three Part Advisors' professionals design custom investor relations
programs to improve visibility, develop the right message, and
attract the right investors for clients' current goals and
strategic vision. More information is available at
www.threepa.com
Forward-Looking StatementsNon-historical
information contained in this press release are forward-looking
statements (as described under the Private Securities Litigation
Reform Act of 1995) that involve risks and uncertainties. Actual
results could differ materially from Bel's projections and there
can be no assurance that any forward-looking statement will in fact
prove to be correct. We undertake no obligation to update or revise
any forward-looking statements.
Contacts:
Bel Fuse Inc.Lynn Hutkin, Director of Financial
Reportingir@belf.com
Three Part AdvisorsSteven Hooser, PartnerJean
Marie Young, Managing Director214-872-2710shooser@threepa.com
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