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Bark Group Inc. to Finalize Letter of Intent With Swedish Media Company in Stockholm

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  Published in Business and Finance on Tuesday, December 15th 2009 at 6:07 GMT by Market Wire
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COPENHAGEN, DENMARK--(Marketwire - December 15, 2009) - Bark Group Inc. ("Bark") (OTCBB: [ BKPG ]), an award-winning, multi-national, European advertising company, announced today it has finalized negotiations for a Letter of Intent with a Swedish media company based in Stockholm that expects to reach revenues of US$20 million in 2010.

The Swedish company has accepted the proposed terms and conditions and has executed the agreement. Bark's senior management is expected to sign the Letter of Intent in late December or early January.

Bark is in the process of building a pan-European network that will significantly expand the company's revenue base and client list, as well as bolster its ability to win larger international clients.

Anders Hageskov, CEO of Bark Group, said, "It has been our strategy to expand our business further into the Scandinavian countries for a long time. We have been looking for future opportunities within the sector of profitable, revenue heavy, senior staffed agencies that coincide with Bark's overall strategy."

This company is one of the most promising media agencies in Stockholm, with the skills and potential to expand both professionally, and in terms of revenue and profit, in the coming years. Its highly experienced senior staff was previously employed in other international media companies creating significant revenues.

About Bark Group Inc.

Bark Group Inc. is an award-winning, European company that delivers cutting-edge advertising and marketing campaigns to leading European businesses. Bark develops and delivers highly effective marketing campaigns on structural, strategic, and emotional and creative levels. Its integrated approach is revolutionizing the communications field while offering clients a higher return on their advertising investments. Bark's objectives are to achieve aggressive growth through acquisition and development of satellite companies around the globe, starting with Europe. The company is adamantly pursuing its ambitious goal to be ranked among the 10 best and most profitable communication companies in Europe within 4 years. For more information about Bark Group Inc., please visit: [ www.barkgroup.com ].

Forward Looking Statements

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