Frontwater Chosen By Higher Authority Foods To Manage Commodity Risk

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 2, 2010 -- Higher Authority Foods, a maker of specialty kosher foods, has chosen Frontwater to help manage its exposure to commodity and currency price risk. HA Foods will use Frontwater’s financial risk package to help execute hedging strategies aimed at reducing and managing its exposure to volatile prices particularly in agricultural and energy commodities.

Aaron Rubenstein, strategic sourcing manager at HA Foods said, “Frontwater’s Risk solution with integrated market data will help us manage our agricultural and energy commodity exposure. Furthermore, for the first time we will have the reporting capabilities to understand our currency exposure allowing us to control market risk related to the US:Peso exchange rate. The combination of its commodity specific models, currency risk reports and fast implementation made Frontwater the right decision. In the past, we have had problems finding a firm that fully understands the risks related to our business. Frontwater has shown a high level of insight into the risk management challenges facing our company.”

Fwrisk is a subsidiary of Frontwater Capital. To learn more about Fwrisk goto www.fwrisk.com/flash.htm or contact Jeff Kaminker, CEO of Frontwater Capital at Jeff.Kaminker@Frontwater.ca

More information can be found online at http://www.fwrisk.com/flash.htm

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