Timothy J. Ryan to Join Board of Directors of Diedrich Coffee, Inc.
October 10 2005 - 9:33PM
PR Newswire (US)
IRVINE, Calif., Oct. 10 /PRNewswire-FirstCall/ -- Diedrich Coffee,
Inc. (NASDAQ:DDRX), a leading roaster and retailer of gourmet
coffee in Southern California, today announced that Timothy J. Ryan
has agreed to join the Company's board of directors effective
immediately. Mr. Ryan will serve on the Audit Committee of the
Board. Mr. Ryan previously served the Company as its chief
executive officer from November 1997 to October 2000, and he has
been a director of Rubio's Restaurants, Inc. since April 1999. From
December 1995 to December 1996, Mr. Ryan served as president and
chief operating officer of Sizzler U.S.A., a division of Sizzler
International, Inc., and as a director of Sizzler International
Inc., of which he was also a senior vice president. From November
1988 to December 1993, Mr. Ryan served as senior vice president of
marketing at Taco Bell Worldwide and from December 1993 to December
1995 he served as senior vice president of Taco Bell's Casual
Dining Division. Paul Heeschen, Chairman of the Board of Directors
said, "Mr. Ryan is exceptionally qualified and we are delighted
that he is joining the Board and Audit Committee. His background,
knowledge of the Company and marketing expertise will be invaluable
to the Company." About Diedrich Coffee With headquarters in Irvine,
California, Diedrich Coffee specializes in sourcing, roasting and
selling the world's highest quality coffees. The Company's three
brands are Gloria Jean's Coffees, Diedrich Coffee, and Coffee
People. The Company's 201 domestic retail outlets, the majority of
which are franchised, are located in 33 states. Diedrich Coffee
also sells its coffees through more than 460 wholesale accounts
including office coffee service distributors, restaurants and
specialty retailers, via mail order and the Internet. For more
information about Diedrich Coffee, call 800/354-5282, or visit the
Company's Web sites at http://www.diedrich.com/,
http://www.gloriajeans.com/, or http://www.coffeepeople.com/.
Forward Looking Statements Statements in this news release that
relate to future plans, financial results or projections, events or
performance are 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 fall
under the safe harbor. Actual results and financial position could
differ materially from those anticipated in the forward-looking
statements as a result of a number of factors, including, but not
limited to, the successful management of Diedrich Coffee's growth
strategy, risks that arise in the context of operating a business
with significant franchise operations, the impact of competition,
the availability of working capital and other risks and
uncertainties described in detail under "Risk Factors and Trends
Affecting Diedrich Coffee and its Business" in the Company's annual
report on Form 10-K for the fiscal year ended June 29, 2005.
CONTACT Marty Lynch, Chief Financial Officer (949) 260-1600
DATASOURCE: Diedrich Coffee, Inc. CONTACT: Marty Lynch, Chief
Financial Officer of Diedrich Coffee, Inc., +1-949-260-1600 Web
site: http://www.coffeepeople.com/ Web site:
http://www.gloriajeans.com/ Web site: http://www.diedrich.com/
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