Respect Your Universe, Inc. Engages Hayden IR
2014-06-10 06:00 PT - News Release
Launching Investor Relations Effort to Target and Expand Investor Reach
PORTLAND, Ore., June 10, 2014 /PRNewswire/ -- Respect Your Universe, Inc. (TSX VENTURE: RYU) (OTCQB: RYUN) ("RYU"), a performance apparel brand designed for athletes and active adults, announced it has engaged Hayden IR, a fifteen-year old, highly recognized, national investor relations firm, to raise its visibility, strengthen its relationships with the investment community and provide strategic corporate development advisory. RYU's President Marcello Leone is a fashion retail visionary with an entrepreneurial passion about consumer brands and global distribution and reach.
"Over the past few months, we have taken the necessary steps to better position RYU for growth and reward shareholders. We believe that our recently closed $3.16 million private placement financing will enable us to make the desired strategic changes, proving our product and branding are superior and valued by consumers. These are important steps as we begin to enter the re-positioning and growth phase for RYU," said Marcello Leone, the Company's President. Mr. Leone continued to say, "we believe it is an appropriate time to retain a national investor relations firm to help us target and expand our investor audience and ensure we are communicating effectively with Wall Street. We look forward to working with the team of professionals at Hayden IR to execute this important goal."
With offices in New York, Phoenix, Minneapolis and Seattle, Hayden IR provides a comprehensive range of investor relations services to emerging growth companies. Hayden IR connects undervalued emerging growth companies with institutions, hedge funds, independent portfolio managers, buy-side and sell-side analysts, family offices, retail brokerage firms and accredited individual investors. Hayden's team of IR professionals draw from "Wall Street," finance, agency and media backgrounds and continuously strive to maximize the ongoing corporate visibility and market capitalization of clients though a comprehensive, multi-tier proactive program.
Stephen Hart, VP of Capital Markets Advisory, of Hayden IR, added, "Respect Your Universe represents a compelling opportunity as its performance apparel is of high quality and value to the consumer. The brand needs a fresh take on its branding, retail and marketing reach, which is exactly aligned with the strengths of its new President Marcello Leone. RYU has the right people with the right experience to make it a huge success. The team at Hayden IR looks forward to articulating this opportunity to the professional investment community."
About RYU
Respect Your Universe, Inc. is a performance apparel brand designed for athletes and active adults. Crafted from organic and/or earth-friendly materials, RYU apparel enhances movement, is extremely comfortable and healthy for the environment. Founded in 2008, RYU has incorporated the lessons learned from mixed martial arts into beautiful everyday performance wear. For more information, visit www.ryu.com.
On Behalf of the Board
RESPECT YOUR UNIVERSE, INC.
Marcello Leone, President and Director
Forward-Looking Statements
Statements regarding that Hayden IR will raise RYU's visibility, strengthen its relationships with the investment community and provide strategic corporate development advisory are "forward-looking statements", which are subject to risks and uncertainties, which may cause the actual results, performance or achievements of RYU to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, among others, that RYU's business plan is dependent on additional financing, which it may be unable to obtain on terms acceptable to RYU, changes in general economic or market conditions that could impact consumer demand for RYU's products, and RYU's ability to execute on its business plan. Except as required by law, RYU undertakes no responsibility to update any of the forward-looking statements contained in this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Respect Your Universe, Inc.
