Barfresh Announces Appointment of Marko Matla as Vice President of Supply Chain & Co-Manufacturing
01 Maggio 2024 - 3:45PM
Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq:
BRFH), a provider of frozen, ready-to-blend and ready-to-drink
beverages, today announced the appointment of Marko Matla as Vice
President of Supply Chain & Co-Manufacturing. In his role,
Marko will oversee the supply chain operations, including
spearheading the effort to bring on a new bottle co-manufacturer,
collaborating with the Company’s network of production partners,
and assisting with the launch of new products to ensure product
supply and uncompromised service to customers.
Marko Matla comes to Barfresh with over 25 years
of comprehensive end-to-end supply chain expertise, having worked
to scale and enhance supply chain operations for small to
large-sized consumer packaged goods companies. Marko brings an
invaluable wealth of leadership experience establishing product
manufacturing and supply chain operations, directing logistics,
customer service, vendor management, and large cross-functional
teams across his numerous senior leadership roles. Marko’s
expertise in creating robust, reliable supply chain solutions has
helped companies streamline their operations through the
implementation of multi-node distribution networks, strategic
co-packer contracts, optimized sourcing initiatives, and lean
manufacturing principles.
Riccardo Delle Coste, the Company’s Chief
Executive Officer, stated, “We are excited to welcome Marko Matla
as our Vice President of Supply Chain & Co-Manufacturing. Marko
brings extensive experience across procurement, production, quality
assurance, distribution, and logistics that will benefit our supply
chain operations and support new product launches in the future.
His leadership will be instrumental improving supply chain
flexibility, scalability and service levels for our customers.
Marko’s strong relationships with co-manufacturers, food service
customers and distributors developed over many years will also
prove valuable. He joins our organization at an opportune time, as
we not only look to secure a new co-manufacturer partner but also
continue to win and onboard significant school accounts. His
expertise will be instrumental in ensuring a seamless integration
of new accounts and maintaining a steady product flow, key factors
in our pursuit to achieve record revenue for fiscal year 2024.”
Mr. Matla commented, “I’m thrilled to join Barfresh and look
forward to working with the talented team here as we enhance our
supply chain operations to best serve our customers, solidify our
market position, and execute on our long-term growth plans.”
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. 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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