Neptune Technologies & Bioressources Retains ROI Group to Serve as Investor Relations Counsel
17 July 2007
Developer of marine-derived nutritional products seeks to Widen US investor base
Neptune Technologies & Bioressources Inc. (TSX.V.NTB) recently announced that it has retained ROI Group LLC as its new investor relations counsel for the US market. Neptune Technologies & Bioressources extracts, develops and markets natural health products extracted from marine biomasses, and currently provides the world's only FDA-approved oil from krill.
ROI will provide NTB with a comprehensive investor outreach program to introduce its compelling investment story to a broad range of targeted potential investors, with the goal of increasing liquidity of NTB common stock and significantly enhancing NTB's shareholder value.
"We are extremely pleased to be working with ROI Group's seasoned professionals," stated Mr. André Godin, NTB Vice-President, Administration and Finance. "Our goal in hiring ROI is to help us communicate our increasingly strong investment story to target audiences both directly, and through the media," Mr. Godin continued.
"Given ROI's extensive experience working with small-capitalization companies, particularly companies in the health and wellness enhancement market we are confident that ROI is well-positioned to assist us in building our US shareholder base," concluded Mr. Godin.
"We are gratified to have been retained by Neptune Technologies, and confident that, based on our indepth expertise in working with companies whose products enhance health and wellness, we can dramatically increase awareness of the company and the strong investment opportunity it represents, amongst US investors," stated John Tsemberides of ROI Group.
The initial term of the agreement that includes a monthly retainer of US$8,000 is for a period of six months, plus an extension option for another six months. ROI Group LLC will also be compensated with 125,000 options in the company exercisable at US$7.50 per share for the first six months and 125,000 options exercisable at US$8.50 per share for the second period of six months, if the extension option period is exercised. The options will vest over a period of 18 months and are subject to the prior acceptance of Neptune’s Board of Directors.
ABOUT ROI GROUP LLC
ROI Group is an investor relations boutique providing a full range of investor relations services to broaden awareness and facilitate the growth of small-cap companies. ROI develops individualized strategic investor relations programs; provides access to supportive capital raising and M&A activities, and develops and implements targeted financial public relations programs. Founded in 2001, ROI serves emerging private and public companies in a broad array of industries.
ABOUT NEPTUNE TECHNOLOGIES & BIORESSOURCES, INC
Neptune Technologies & Bioressources Inc. develops proprietary and potent health ingredients from underexploited marine biomasses, such as krill, with its patented extraction process (Neptune OceanExtract™). Using its proprietary process, Neptune Technologies & Bioressources Inc. is strategically positioning itself in the health and wellness market.
Natural biomass extraction is now playing an important role in developing nutrigenomics, the next wave in nutritional research. Through strategic alliances and partnerships, as well as through clinical studies, the company continues to demonstrate the immense beneficial effects of these products. The company develops and markets new formulas and new products for specific applications in high growth markets such as the nutraceutical, cosmeceutical, biopharmaceutical and nutrigenomics markets.
