Barfresh Highlights Many New Wins With its Smoothies in the Education Channel

Company Secures Seven Co-Operatives to Serve Barfresh Twist & Go Smoothies on the Breakfast Menu in Over 2,200 New Schools to Approximately 1.5 Million Students for Fall

Company Projects to Achieve Highest Annual Revenue in Fiscal Year 2024 and Year-over-Year Margin Improvement Amid Bottling Recovery Efforts, Propelled by Accelerated Customer Wins

Company Expects Confirmation from Many Additional New School Bids Expected to be Won in the Next Few Months to Begin this Fall

LOS ANGELES, April 26, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, has continued to expand its presence within the education channel and announced today a number of recent large wins within the education channel. The Company recently secured seven school co-operatives, serving over 2,200 school locations and approximately 1.5 million students. These new school locations will serve a variety of the Company’s products, including its carton and bottle smoothie products, 5:1 100% juice concentrates and 1:1 bulk easy pour smoothie concentrates.

Riccardo Delle Coste, the Company’s Chief Executive Officer, stated, “We are thrilled to announce a number of significant new customer wins within our education channel. This success is driven by our strategic initiatives to expand our national sales broker coverage, increase production capacity for our in-demand carton product and the re-introduction of our 100% juice concentrates. These new 2,200 school locations will offer a variety of our products, cementing how important it is for us to offer a diverse lineup of quality, nutritious products to fit the varying needs across the education channel. We are excited to expand our product line with upcoming new smoothie offerings, including a new Tropical Smoothie flavor for Twist & Go, which we expect to release in the fall of this year. Our ability to land these important new accounts underscores the strength of our sales network, the appeal of our products and the bright future ahead as we continue executing on our growth plans.”