Barfresh Food Group, Inc Appoints Justin Borus to Board of Directors
April 30, 2020 at 06:30 pm IST
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Barfresh Food Group, Inc. announced that Justin Borus has been appointed to the Company’s Board of Directors to fill the vacancy created by Alice Eliot’s resignation last year. The appointment of Mr. Borus brings the total number of Directors to seven. Mr. Borus founded Ibex Investors, LLC, and has grown the firm to well over a half of a billion dollars in assets. With a career that includes approximately 20 years of capital markets expertise, Mr. Borus has been the Chief Investment Officer of Ibex, a firm focused on niche, differentiated strategies including microcap companies for over 10 years. Prior to joining Ibex, he worked in both the private equity and investment banking groups at Bear, Stearns & Co. Inc. in New York and London. Mr. Borus has served on the Board of Directors of several non-profits including the Anti-Defamation League and Colorado Public Radio.
Barfresh Food Group, Inc. is engaged in the manufacturing and distribution of ready-to-drink and ready-to-blend frozen beverages. Its portfolio of products includes smoothies, shakes and frappes. Its ready-to-drink smoothie, Twist & Go, is focused on the USDA national school meal program, including the school breakfast program, the national school lunch program and smart snacks in schoolsâ program. This sweet fruit and creamy yogurt smoothie contains four ounces of yogurt and a half-cup of fruit/fruit juice and comes in three different flavors: strawberry banana, peach and mango pineapple. Its bulk Easy Pour format, which contains all the ingredients necessary to make the beverage. Its single-serve format features portion-controlled and ready-to-blend beverage ingredient packs or beverage packs. The beverage packs contain all the ingredients necessary to make the beverage, including the base, real fruit pieces, juices and ice-five ounces of water are added before blending.