Peter Churm to Rejoin Diedrich Coffee Board of Directors
January 25 2006 - 7:11PM
PR Newswire (US)
IRVINE, Calif., Jan. 25 /PRNewswire-FirstCall/ -- Diedrich Coffee,
Inc. (NASDAQ:DDRX), a leading roaster and retailer of gourmet
coffee in Southern California, today announced that Peter Churm has
rejoined the Company's board of directors. Mr. Churm previously
served on the Company's board of directors from 1996 until July
2005. Mr. Churm will serve on the Audit Committee of the board,
which now is composed of Lawrence Goelman, Timothy Ryan and Mr.
Churm. As a result, the Company is again in compliance with the
Nasdaq continued listing requirement that requires a registrant's
audit committee to be composed of at least three independent
directors. "I am very pleased to have Pete back on the board," said
Paul C. Heeschen, Chairman of the board of directors. "He knows
this Company well, and we are looking forward to regaining the
benefit of his experience and leadership." 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 212
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/A for the
fiscal year ended June 29, 2005. CONTACT Sean McCarthy, Chief
Financial Officer (949) 260-1600 First Call Analyst: FCMN Contact:
kwarren@diedrich.com DATASOURCE: Diedrich Coffee, Inc. CONTACT:
Sean McCarthy, 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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