Javarama® coffee to be available in K-Cup packs beginning Spring 2015
WATERBURY, Vt. & ATLANTA--(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, and DS Services of America, Inc. (DS
Services), a subsidiary of Cott Corporation (Cott) (NYSE:COT; TSX:BCB)
and a leading bottled water, coffee and tea direct-to-consumer services
provider, today announced a multi-year agreement to offer DS Services'
Javarama® coffee in K-Cup® packs for use in Keurig®
hot brewing systems.
"We're excited to expand our Keurig Authorized Distributor relationship
with DS Services by offering their popular Javarama® brand to
customers in K-Cup packs," said John Whoriskey, President, U.S. Sales &
Marketing for Keurig. "With over 400 varieties from 60 brands already
available in the Keurig hot brewing system, Javarama® coffee
will be a welcome addition to the Keurig family."
Exclusively available to DS Services customers, the companies plan to
launch the new Javarama® K-Cup® packs in March
2015, featuring Javarama® Signature Medium Roast and Dark
Roast profiles. Since 1995, DS Services has provided high end
proprietary gourmet coffees through its Javarama® brand. DS
Services office and residential customers from coast to coast have
enjoyed the specialty coffeehouse taste and have relied on the
consistent quality of the brand. Now, all Javarama® K-Cup®
packs will be marked with the Keurig Brewed® seal indicating
the product has passed rigorous testing, assuring the quality, taste and
integrity consumers expect from the Keurig® brand.
"Our customers love the Javarama® brand for its coffeehouse
quality taste and now they will be able to enjoy it with the convenience
of their Keurig® brewers in homes and offices," says Brian
Miller, Chief Commercial Officer, DS Services.
Keurig® hot system brewers use innovative brewing technology
to deliver a fresh-brewed, perfect single cup or carafe of hot or brewed
over ice coffee, tea, cocoa, or fruit brews every time at just the touch
of a button. With Keurig® 2.0 brewing systems, consumers
continue to get the same Keurig quality, simplicity, and beverage choice
they expect with 60 brands and over 400 beverage varieties currently
available, all brewed with Keurig's new beverage-optimizing brewing
About Cott Corporation and DS Services of America, Inc.
Cott is one of the world's largest producers of beverages on behalf of
retailers, brand owners and distributors, and has one of the broadest
home and office bottled water and office coffee services distribution
networks in the United States, with the ability to service approximately
90 percent of U.S. households, as well as national, regional and local
Cott produces multiple types of beverages in a variety of packaging
formats and sizes, including carbonated soft drinks, 100% shelf stable
juice and juice-based products, clear, still and sparkling flavored
waters, energy drinks and shots, sports drinks, new age beverages,
ready-to-drink teas, beverage concentrates, liquid enhancers, freezables
and ready-to-drink alcoholic beverages, as well as hot chocolate,
coffee, malt drinks, creamers/whiteners and cereals. Cott's large
manufacturing footprint, broad distribution network, substantial
research and development capability and high-level of quality and
customer service enables Cott to offer its customers a strong
value-added proposition of low cost, high quality products and services.
In addition, Cott, through its new DS Services division, is now a
national direct-to-consumer provider of bottled water, office coffee and
water filtration services offering a comprehensive portfolio of beverage
products, equipment and supplies to approximately 1.5 million customers
through its network of over 200 sales and distribution facilities and
daily operation of over 2,100 routes.
With approximately 9,500 employees, Cott operates approximately 60
manufacturing facilities and 180 distribution facilities in the United
States, Canada, the United Kingdom and Mexico. Cott also develops and
manufactures beverage concentrates, which it exports to approximately 50
countries around the world.
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 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 or www.Keurig.ca.
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, projections for future capital
expenditures, 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 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 fiscal 2014
Annual Report filed on Form 10-K, elsewhere in this report and those
described from time to time in our future reports filed with the
Securities and Exchange Commission.
Keurig Green Mountain
Kristen Mercure, 802-488-2498
Corporation & DS Services
Jarrod Langhans, 813-313-1732
Kristi Bonner, 646-762-8095
Source: Keurig Green Mountain, Inc.
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