StockerYale Retains The Piacente Group as Strategic Investor Relations Counsel
StockerYale Retains The Piacente Group as Strategic Investor Relations CounselSALEM, N.H.--(BUSINESS WIRE)--StockerYale, Inc., (NASDAQ: STKR - News), a leading designer and manufacturer of structured light lasers, LED modules and specialty optical fibers for industry leading OEMs, today announced that it has retained The Piacente Group, a full service financial communications consulting firm based in New York. The Piacente Group will assist the Company in implementing a strategic investor relations program to include extensive communications and interaction with the professional investment community.
"The Piacente Group was the optimal choice for StockerYale," stated Mark W. Blodgett, Chairman and Chief Executive Officer. "Given the recent positive developments at the Company we wanted a partner to actively engage in communicating our investment story to key stakeholders and assist in further developing our relationships with Wall Street. The Piacente Group's successful track record of working with pioneering and often complex small-cap technology companies gives us a solid foundation for developing our communications program and increasing our footprint among the investment community," added Blodgett.
Brandi Piacente, president of The Piacente Group, stated "We are excited to work with StockerYale, the leading innovator in the field of illumination and optical components, as we believe they have a compelling investment story and the qualifications to be a leading technology company. We look forward to partnering with management to implement a targeted investor relations program that will assist in enhancing value for shareholders."
About StockerYale
StockerYale, Inc., headquartered in Salem, New Hampshire, is an independent designer and manufacturer of structured light lasers, LED modules, and specialty optical fibers for industry leading OEMs. In addition, the company manufactures fluorescent lighting products and phase masks. The Company serves a wide range of markets including the machine vision, industrial inspection, defense, telecommunication, sensors, and medical markets. StockerYale has offices and subsidiaries in the U.S., Canada, and Europe. For more information about StockerYale and their innovative products, visit the Company's web site at www.stockeryale.com
About the Piacente Group
The Piacente Group, Inc. is a full service investor relations and financial communications consulting firm based in New York with offices in San Francisco, Los Angeles, Beijing and Guangzhou, China. The Piacente Group develops and implements strategic programs aimed at broadening investment community sponsorship through best practice execution. The Piacente Group is dedicated to providing clients customized solutions in a dynamic investment environment. For more information, please visit www.tpg-ir.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact, including without limitation, those with respect to StockerYale's goals, plans and strategies set forth herein are forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: uncertainty that cash balances may not be sufficient to allow StockerYale to meet all of its business goals; uncertainty that StockerYale's new products will gain market acceptance; the risk that delays and unanticipated expenses in developing new products could delay the commercial release of those products and affect revenue estimates; the risk that one of our competitors could develop and bring to market a technology that is superior to those products that we are currently developing; and StockerYale's ability to capitalize on its significant research and development efforts by successfully marketing those products that the Company develops. Forward-looking statements represent management's current expectations and are inherently uncertain. You should also refer to the discussion under "Factors Affecting Operating Results" in StockerYale's annual report on Form 10-KSB and most recent quarterly report on Form 10-QSB for additional matters to be considered in this regard. Thus, actual results may differ materially. All Company, brand, and product names are trademarks or registered trademarks of their respective holders. StockerYale undertakes no duty to update any of these forward-looking statements.
Contact
The Piacente Group
Parag Dave, 212-481-2050
parag@thepiacentegroup.com
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