Expects To Announce Additional Locations Fall of 2018
39 New Locations to be Serving Product by end of September, 2018
BEVERLY HILLS, Calif., July 31, 2018 (GLOBE NEWSWIRE) -- Barfresh Food Group, Inc. (BRFH), a manufacturer of frozen, ready-to-blend beverages, today announced that it has expanded across multiple branches of the military with an additional 39 dining facilities being served throughout the United States by the end of September 2018.
Barfresh is well positioned to expand its reach well beyond the 45 dining facilities that were announced today. The Company’s smoothies will be available in military food service programs supporting installation dining facilities. The Company’s solutions for all meal periods are designed to support a large number of personnel in a short period of time.
The Company is actively pursuing engagement with all U.S. military branches and expects to gain significantly greater penetration across the United States’ 940 bases, which serve 1.3 million active troops. In addition, the Company is pursuing international military locations targeting Fall of 2018.
Riccardo Delle Coste, the Company's CEO stated, "The approval for the U.S. military channel is a lengthy process, and at this point we have only been serving product in this channel for less than a year. In that short time span we have increased our locations to over 45 dining facilities throughout the United States. We have received very positive responses from our initial 6 bases and are very proud that we will be expanding our great tasting, healthy smoothie offering to an additional 39 facilities. One of the reasons for our rapid expansion in this channel is that our great tasting better for you smoothie are a perfect fit for the high volume military dining facilities. We look forward to communicating additional placements in the coming months.”
About Barfresh Food Group
Barfresh Food Group, Inc. (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 10K and Quarterly Report on Form 10Q. Furthermore, the Company does not intend, and is not obligated, to update publicly any forward-looking statements, except as required by law.