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Arrowhead Research Corporation (NASDAQ: ARWR) ("Arrowhead"), a leading nanotechnology company, who, through its majority-owned subsidiaries, commercializes new technologies in the areas of life sciences, electronics and energy, today announced that it has retained The Piacente Group, Inc. ("TPG"), a full service investor relations consulting firm based in New York City. TPG will assist Arrowhead in implementing investor communications and Wall Street outreach programs aimed at making new connections in the financial community to the Company.
"The Piacente Group has a great track record of bringing growth companies like Arrowhead and interested Wall Street investors together," said Christopher Anzalone, President and Chief Executive Officer of Arrowhead. "As we build value for Arrowhead shareholders by way of introducing new products to market via our subsidiaries in the healthcare, electronics and clean energy industries, we look to The Piacente Group to communicate our business strategy and growth initiatives to the right investment audience."
Brandi Piacente, President of TPG, stated: "We are excited to work with Arrowhead, a leading innovator in the commercialization of nanotechnology-enabled products, as we believe they have a compelling investment story and the qualifications to take a distinctive and leading position in a growing industry. We look forward to partnering with management to implement a strategic and targeted investor relations program that will assist in further enhancing value for shareholders."
About Arrowhead Research Corporation
Arrowhead Research Corporation (www.arrowheadresearch.com) (NASDAQ:ARWR) is a publicly-traded nanotechnology company commercializing new technologies in the areas of life sciences, electronics, and energy. Arrowhead is building value for shareholders through the progress of majority owned subsidiaries. Currently, Arrowhead has four subsidiaries commercializing nanotech products and applications and investments in two minority-owned subsidiaries.
About The Piacente Group, Inc.
The Piacente Group, Inc. is a full service investor relations and financial communications consulting firm based in New York City with offices in San Francisco and Beijing. 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 under the Private Securities Litigation Reform Act of 1995:
This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the future success of our scientific studies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments, the financial resources available to us, and general economic conditions. Arrowhead Research Corporation's Annual Report on Form 10-K and 10-K/A, recent and forthcoming Quarterly Reports on Form 10-Q and 10-Q/A, recent Current Reports on Forms 8-K and 8-K/A, our Registration Statements on Form S-3, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
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Arrowhead Research Corporation
The Piacente Group
Sanjay M. Hurry
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