MONTREAL, March 18, 2015 (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, is pleased to announce the appointment of Mr. Hugh Blakely as its Director of Finance and principal financial officer. Mr. Blakely, who has enjoyed an extensive and distinguished career in the Canadian public markets, replaces Mr. Horst Hueniken who recently stepped down as Urban Barns' Chief Financial Officer. Mr. Hueniken will continue to serve as the Chairman and a director of Urban Barns, and the company wishes to thank him for his efforts as CFO.
"Mr. Blakely is a perfect fit for the Urban Barns executive team," stated Mr. Richard Groome, the President and CEO of Urban Barns. "His knowledge of finance and public company experience is essential for our contemplated expansion strategy. Our Board of Directors joins me in welcoming Mr. Blakely who will be a great asset as we seek to expand the Urban Barns footprint."
In response to his appointment, Mr. Blakely commented, "This is a wonderful opportunity for me to join the Urban Barns executive team and I look forward to using my over 30 years of public and private company financial experience to the benefit of Urban Barns' shareholders."
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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, "Gourmet and Guilt-Free".
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.
Source:Urban Barns Foods Inc.