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Bark Group Inc. Affiliate in Stockholm to Acquire Media Agency in Norway, Expanding Presence in Scandinavia


Published on 2010-06-09 05:40:39 - Market Wire
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NEW YORK, NY--(Marketwire - June 9, 2010) - Bark Group Inc. (OTCBB: [ BKPG ]), an innovative integrated U.S. advertising and performance-based marketing company with a multinational client base, announced today that their affiliate, BARK Stockholm, is in the process of acquiring part ownership of a well known media agency in Norway.

Niclas Frøberg, CEO of BARK Stockholm, said, "This is consistent with our strategy to expand the Bark Network through a commanding position in the Scandinavian market. The Norwegian media company has an impressive track record and we have been working together on a number of campaigns, optimizing results for our clients in the region. We are obviously very pleased to be consolidating this relationship with a partner who matches us in terms of revenue and size."

Bent Helvang, Chairman of Bark Group, added, "We expect to finalize the deal as soon as possible. This initiative on the part of our affiliate, Bark Stockholm, nicely strengthens Bark's network in Scandinavia, enabling us to serve our Scandinavian clients even more efficiently going forward."

About Bark Group Inc.

Bark Group Inc. is a pioneering U.S. communications company aiming to create a network of multiplatform media and advertising houses by acquiring profitable and innovative media and advertising companies in order to rapidly expand its presence in the U.S. and Europe. Through its growing network of companies, Bark is adding more competencies and media under one roof, expanding its customer and revenue base and ultimately winning significantly larger international clients.

Forward-LookingStatements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements; projected events in this press release may not occur due to unforeseen circumstances, various factors, and other risks identified in a company's annual report on Form 10-K and other filings made by such company.

For more information about Bark Group Inc. visit [ www.barkgroup.com ] or contact Stanley Wunderlich at (800) 625-2236, extension 7770, or [ info@cfsg1.com ].