Diedrich Announces Organizational Change
November 02 2004 - 7:17PM
PR Newswire (US)
Diedrich Announces Organizational Change IRVINE, Calif., Nov. 2
/PRNewswire-FirstCall/ -- Diedrich Coffee, Inc. (NASDAQ:DDRX) today
announced the promotion of Stephen W. Leach to the post of Vice
President, Coffee. Roger M. Laverty, CEO said, "I am very pleased
to announce Steve's promotion. It directly supports our Mission
Statement of 'We Sell Great Coffee.' Steve is one of the most
respected coffee experts in the specialty coffee industry. His wide
ranging knowledge, expertise and passion for our product will
ensure that we will successfully execute our mission." Mr. Leach
previously held the position of Director of Coffee. He came to
Diedrich Coffee in January 2000 having held successful coffee
quality positions with Westway Merkuria, S & W, and Royal
Coffee, Inc. He is a past President of the Pacific Coast Coffee
Association and is a New York Board of Trade licensed Grader. 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, Diedrich Coffee and Coffee People. The Company's 494 retail
outlets, the majority of which are franchised, are located in 33
states and 13 foreign countries. Diedrich Coffee also sells its
coffees through more than 460 wholesale accounts, including office
coffee service distributors, restaurants and specialty retailers,
and via mail order and the Internet. For more information about
Diedrich Coffee, 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 financial and
operating performance of the Company's retail operations, the
Company's ability to maintain profitability over time, the
successful execution of the Company's growth strategies,
franchisees adherence to the Company's practices, policies and
procedures, 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 30, 2004. Information Contact Roger Laverty,
Chief Executive Officer (949) 260-6734 DATASOURCE: Diedrich Coffee,
Inc. CONTACT: Roger Laverty, Chief Executive Officer of Diedrich
Coffee, Inc., +1-949-260-6734 Web site: http://www.diedrich.com/
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