Javo(R) Beverage Turns Caribou Coffee Beans into Sweet Deal; Javo's Unique Brewing Method Turns Beans into Delicious Ice Cream f
February 08 2006 - 8:00AM
Business Wire
Javo Beverage Company, Inc. (OTCBB:JAVO), a leader in coffee and
tea flavoring, announced today that it has partnered with Caribou
Coffee(R) (NASDAQ:CBOU) to turn its quality roasted beans into the
sumptuous coffee flavoring being used to make a new line of Caribou
Coffee branded ice creams from Kemps dairy. Caribou Coffee along
with Kemps, a division of H.P. Hood, LLC, and a leading provider of
branded dairy and ice cream products, turned to Javo because of the
company's mastery of an extraction technology that creates
outstanding coffee and tea flavors without the bitterness and
harshness of other brewing processes. Caribou Coffee ice cream will
be available in grocery stores in seven states as soon as February
of this year. "Javo is delighted to be part of the Caribou
Coffee/Kemps partnership," says Gary Lillian, president of Javo
Beverage. "Both companies have outstanding reputations in the food
business, and we are thrilled that they have chosen Javo to be part
of this new venture." "We are extremely excited about the quality
and taste of our new Caribou Coffee ice cream from Kemps," says
Edward Boyle, Vice President Research & Development for Caribou
Coffee. "Javo is a company that we knew we could trust to develop
an extract that would reflect the quality of our brand. We are
anticipating a long-term, successful relationship with both of
these great companies!" About Javo(R) Beverage Company, Inc. Based
in Vista, California, Javo Beverage Company (OTCBB:JAVO) is the
innovation leader in the manufacture of coffee and tea-based
dispensed beverages, drink mixes and flavor systems. The Company
has successfully commercialized a proprietary brewing technology
that yields fresh brewed coffees and teas that are flavorful,
concentrated and stable. As a result, they have broad applications
in the foodservice, food manufacturing and beverage industries. For
foodservice operators, Javo makes it possible to serve great
tasting hot coffees and cold specialty coffee beverages from
convenient dispenser-based systems. Javo also assists food and
beverage processors seeking authentic and robust coffee and tea
flavors with the development and supply of customized ingredients
for their packaged foods and ready-to-drink beverages. Through its
selling, service and distribution operations, Javo supplies a
growing list of national and international foodservice operations,
specialty coffee retailers, restaurant chains and food
manufacturers. More information about Javo Beverage Company is
available at www.javobeverage.com. About Caribou Coffee Caribou
Coffee (Nasdaq:CBOU), founded in 1992 and headquartered in
Minneapolis, is the second largest company-owned gourmet
coffeehouse operator in the United States based on the number of
coffeehouses. As of January 1, 2006, Caribou Coffee had just fewer
than 400 coffeehouses located in 14 states and the District of
Columbia and 2 international markets. Caribou Coffee offers its
customers high-quality gourmet coffee and espresso-based beverages,
as well as specialty teas, baked goods, whole bean coffee, branded
merchandise and related products. In addition, Caribou Coffee sells
products to grocery stores and mass merchandisers, office coffee
providers, airlines, hotels, sports and entertainment venues,
college campuses and other commercial customers
(www.cariboucoffee.com). About Kemps LLC Kemps began in 1914 when
the company started making and delivering Kemps products. Today,
Kemps, LLC is a leading marketer of branded frozen dessert
products, with strong presence throughout the Upper Midwest and New
England. Kemps is owned by HP Hood, LLC. (www.kemps.com) This
release contains forward-looking statements made by or on behalf of
Javo Beverage Company, Inc. All statements, which address operating
performance that the Company expects will occur in the future,
including statements relating to volume growth, share of sales, or
statements expressing general optimism about future operating
results, are forward-looking statements. These forward-looking
statements are based on management's current views and we cannot
assure that anticipated results will be achieved.
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