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.