World News: 13:31 GMT Wednesday 12th June 2019. [MamaMancini's Holdings, Inc. via Globe Newswire via SPi World News]
EAST RUTHERFORD, N.J, June 12, 2019 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (OTCQB: MMMB), a manufacturer and marketer of specialty pre-prepared, frozen and refrigerated all-natural food products, hasengaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets.
MZ Group will work closely with MamaMancini’s management to develop and execute a complete capital markets strategy designed to increase the Company’s visibility throughout the investment community. Throughout the comprehensive investor relations campaign, MZ will highlight the company’s expected revenue growth, significant improvements to the company’s manufacturing capabilities, the launch of several new product lines supported by renewed marketing campaigns and the initial shipments of nine new products to new customers, which include Walmart, BJ’s Club Stores and Ahold.
MZ has developed a distinguished reputation as a premier resource for institutional investors, brokers, analysts and private investors. The firm maintains offices worldwide, including New York, Chicago, Minneapolis, San Diego, Aliso Viejo, Austin, Taipei, and São Paulo. Additionally, MZ Group was recently ranked the No. 1 consultancy in Latin America and No. 7 in the world in business communication.
Managing Director and Head of MZ North America’s Minneapolis Office, Greg Falesnik, will be advising MamaMancini’s in all facets of corporate and financial communications, including the coordination of roadshows and investment conferences across key cities and building brand awareness with all financial and social media outlets.
“MamaMancini’s has seen substantial demand growth for its prepared food products and possesses significant potential for expansion of its distribution network both in supermarket and food service verticals,” said Greg Falesnik, Managing Director of MZ North America. “The company’s unique combination of quality, taste, nutrition and ease of preparation drive the high customer retention and growth that the company has experienced over the last several quarters. We look forward to working closely with management to execute a comprehensive investor relations campaign.”
Carl Wolf, CEO of MamaMancini’s, stated: “This is an exciting time for MamaMancini’s as we continue to execute upon our key growth initiatives, particulary our recent entry into the food service segment. We look forward to working with the entire team at MZ Group. Together, we will elevate our investor communications and awareness, while driving sales higher and building long-term shareholder value.”
"We have been tracking the food industry for some time, looking for a company that efficiently captures the recent shift in consumer preferences from packaged and processed foods to fresher, higher quality products, while still maintaining a strong financial profile. MamaMancini’s has uniquely accomplished this, distributing its products in tier-1 stores nationwide, prudently investing in its growth while consistently achieving profitability,” said Ted Haberfield, President of MZ North America.”
“During our due diligence and after several talks with MamaMancini’s learning about their supply chain, production processes and broader company vision, we discovered that MamaMancini’s brings a truly unique perspective to the sector. We believe MamaMancini’s represents a compelling investment thesis and I look forward to communicating this to the broader investment community,” concluded Haberfield.
Globe Newswire: 13:31 GMT Wednesday 12th June 2019
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