Debuting at the 2015 International Housewares Show in Chicago, the
K200 Offers a More Compact Size and an Array of Color Options
WATERBURY, Vt.--(BUSINESS WIRE)--
Keurig Green Mountain, Inc. (Keurig) (NASDAQ: GMCR), a leader in
specialty coffee, coffee makers, teas and other beverages with its
innovative brewing technology, today announces the addition of the
Keurig® 2.0 K200 series to its family of Keurig® 2.0 brewers. Offering a
small countertop footprint and a suggested retail price of
$119.99-$129.99, the new Keurig® 2.0 K200 has the ability to brew both a
single cup and a four-cup carafe, and is available in a variety of
classic and trend-forward colors.
The Keurig 2.0 Brewing System Lineup Expands with the Addition of the New K200 Series; Offers a More Compact Size and an Array of Color Options (Photo: Business Wire)
The K200 series joins other models in the recently launched Keurig® 2.0
system, the first line of Keurig® brewing systems to offer consumers the
ultimate in variety, size and choice. Each brewer model within the
Keurig® 2.0 system, including the new K200, offers the ability to brew
both a single cup using a K-Cup® pack, as well as a carafe using the new
K-Carafe™ pack. With more than 400 beverage varieties available from 60
brands, including all of the top ten best-selling coffee brands in
America, the Keurig® 2.0 system offers the broadest portfolio of coffee
and beverage brands united in one in-home beverage system anywhere in
"The addition of the K200 series to our Keurig® 2.0 lineup broadens our
portfolio, and its compact design allows even more consumers to
experience our most innovative system yet," says Mark Wood, Chief
Product Officer of Hot Systems, Keurig. "We're excited to bring our
unmatched beverage and brand variety to those consumers with limited
countertop space and provide the opportunity for them to experience the
simplicity and convenience of Keurig® 2.0. By offering the K200 in an
array of exciting and trend-setting colors, we're also able to play a
role in helping consumers further customize their kitchens, personal
offices and other compact living spaces."
Available beginning May 12, 2015 on Keurig.com, and nationwide this
summer at major retailers, the new Keurig® 2.0 K200 brewer features:
Available in an array of colors, including Black, White, Strawberry,
Sandy Pearl, Turquoise, Violet and Orange Zest
Nine brew sizes ranging from four oz. to 30 oz.
40 oz. water reservoir
Black and white touch display
Consumers looking to enjoy carafe brewing capabilities with the new K200
system have the option to purchase either a Keurig® 2.0 Carafe or
stainless steel Keurig® 2.0 Thermal Carafe as accessories ($19.99 and
$29.99 SRP, respectively).
For more information, visit Keurig.com.
About Keurig Green Mountain, Inc.
As a leader in specialty coffee, coffee makers, teas and other
beverages, Keurig Green Mountain (Keurig) (NASDAQ: GMCR), is recognized
for its award-winning beverages, innovative Keurig® brewing technology,
and socially responsible business practices. The Company has inspired
consumer passion for its products by revolutionizing beverage
preparation at home and in the workplace. Keurig supports local and
global communities by investing in sustainably-grown coffee and by its
active involvement in a variety of social and environmental projects. By
helping consumers drink for themselves, we believe we can brew a better
world. For more information visit: www.KeurigGreenMountain.com.
To purchase Keurig® products visit: www.Keurig.com
Keurig routinely posts information that may be of importance to
investors in the Investor Relations section of its website, www.KeurigGreenMountain.com,
including news releases and its complete financial statements, as filed
with the SEC. The Company encourages investors to consult this section
of its website regularly for important information and news.
Additionally, by subscribing to the Company's automatic email news
release delivery, individuals can receive news directly from Keurig as
it is released.
Keurig Green Mountain Forward-Looking Statements
Certain information in this press release constitutes "forward-looking
statements." Forward-looking statements can be identified by the fact
that they do not relate strictly to historical or current facts. They
often include words such as "believes," "expects," "anticipates,"
"estimates," "intends," "plans," "seeks" or words of similar meaning, or
future or conditional verbs, such as "will," "should," "could," "may,"
"aims," "intends," or "projects." However, the absence of these words or
similar expressions does not mean that a statement is not
forward-looking. These statements may relate to: the expected impact of
raw material costs and our pricing actions on our results of operations
and gross margins, expected trends in net sales and earnings performance
and other financial measures, the expected productivity and working
capital improvements, the success of introducing and producing new
product offerings, the impact of foreign exchange fluctuations, the
adequacy of internally generated funds and existing sources of
liquidity, such as the availability of bank financing, the expected
results of operations of businesses acquired by us, our ability to issue
debt or additional equity securities, our expectations regarding
purchasing shares of our common stock under the existing authorizations,
projections of payment of dividends, the impact of pending shareholder
litigation, and the impact of antitrust litigation pending against the
Company in the United States and Canada. A forward-looking statement is
neither a prediction nor a guarantee of future events or circumstances,
and those future events or circumstances may not occur. Management
believes that these forward-looking statements are reasonable as and
when made. However, caution should be taken not to place undue reliance
on any such forward-looking statements because such statements speak
only as of the date when made. We expressly disclaim any obligation to
update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. In addition,
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially from
our Company's historical experience and our present expectations or
projections. These risks and uncertainties include, but are not limited
to, those described in Part I, "Item 1A. Risk Factors" and Part II,
"Item 7. Management's Discussion and Analysis of Financial Condition and
Results of Operations" in our Form 10-K filed with the Securities and
Exchange Commission for the fiscal year ended September 27, 2014, and
elsewhere in those reports and those described from time to time in our
future reports filed with the Securities and Exchange Commission.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20150302005998/en/
Keurig Green Mountain, Inc.
Director, Public Relations
Kristi Bonner, 646-762-8095
Source: Keurig Green Mountain, Inc.
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