MONTREAL, Dec. 3, 2014 (GLOBE NEWSWIRE) -- Urban Barns Foods Inc. (OTCQB:URBF) ("Urban Barns"), an innovative food producer dedicated to growing consistent, healthy and fresh vegetables year round using its proprietary Cubic Farming™ method, has signed a memorandum of understanding dated December 2, 2014 with Bamford Produce Company Limited ("Bamford's") for the purpose of establishing a collaborative business relationship between the two businesses.
The memorandum of understanding is to establish a relationship between Urban Barns and Bamford's, whereby Bamford's will serve as the primary and preferred distributor of all Urban Barns products in the entire province of Ontario and designated parts of Eastern Canada, excluding Ottawa, Ontario.
Through their association, the focus of the relationship will be to service and expand the existing business and clientele of Bamford's (distributor) with the products of Urban Barns (producer), and in particular to supply participants in the upscale food service industry (four and five star hotels, restaurants and catering companies). No part of this MOU covers retail grocery stores. The memorandum of understanding with Urban Barns reinforces both the position and interest of both businesses to offer distinctive produce exclusively to their customers.
Mr. Richard Groome, President & CEO of Urban Barns, stated, "We are very pleased to expand our reach into Canada's largest market. With over 130 years of experience, Bamford's Produce is the perfect fit in helping us provide consistent, healthy and fresh vegetables year round."
"We are thrilled to partner with Urban Barns in the effort to provide our foodservice clients with locally grown, fresh, healthy and delicious vegetables. Urban Barns' innovative method of growing their produce without GMO's or pesticides aligns with our focus on sustainability and resource conservation. We look forward to a long-lasting and successful partnership," added Benoit Lecavalier, President of Bamford Produce.
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About Urban Barns Foods Inc.
Urban Barns uses patent pending and proprietary equipment to produce affordable leafy vegetables in a secure and controlled indoor environment. By setting up subsidiary facilities and growing locally, Urban Barns can focus on supplying any community, irrespective of the regional climate, effectively reducing shipping times and related spoilage costs. Urban Barns has the unique ability to scale and cater to the demands of all major communities. The company's commitment to consumers is reflected through its motto, "Purely Fresh, Naturally Tasty, and Completely Healthy".
About Bamford Produce Company Limited
Established in 1881, Bamford Produce is one of Canada's oldest and most trusted produce distribution companies. We are industry leaders, offering unrivaled fresh product selection, customer service, and comprehensive HACCP food safety procedures. Specializing in conventional, organic, local, specialty and processed items, our mission is to provide the freshest quality and consistent service. The Bamford Family consists of six companies working together to supply fresh produce solutions from field to fork. Our services include; local growing operations, packing facilities, importing and wholesaling as well as a self-sufficient fresh-cut fruit and vegetables processing operation, DSD services for retail and food service operators along with global sourcing and global logistics capabilities.
Forward-Looking Statements
Except for historical information contained herein, the matters set forth above may include forward-looking statements that involve certain risks and uncertainties. Words such as "may", "could", "anticipate", "believe", "estimate", "expect", "intend", "plan", and similar expressions are used to identify forward-looking statements. These forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements. Urban Barns does not undertake any obligation to update any forward-looking statements and cautions investors to consider all other risks and uncertainties, including those disclosed in Urban Barns' filings with the United States Securities and Exchange Commission.