|
Coffee
Holding Co., Inc. Announces Three-Year Licensing Agreement
With Entenmann's Products, Inc.
BROOKLYN, NY--(MARKET WIRE)--Jul 2, 2007 -- Coffee Holding
Co., Inc. (AMEX:JVA - News) has entered into a three-year
licensing agreement with Entenmann's Products, Inc.,
the owner of the famous Entenmann's trademarks and subsidiary
of Entenmann's, Inc., one of the nation's oldest baking
companies, to manufacturer and distribute a new line
of coffee products bearing the Entenmann's brand name.
The agreement gives Coffee Holding Company the exclusive
rights to manufacture, market and distribute a full
line of Entenmann's brand coffee products throughout
the United States. The Joester Loria Group, a premiere
licensing and marketing agency and exclusive agent for
Entenmann's Products, Inc., brokered the deal.
"We
are extremely excited about this opportunity,"
said Andrew Gordon, President and CEO of Coffee Holding
Co. "Entenmann's is the premier name in baked goods
in Supermarket's around the country and we are proud
to be able to associate ourselves with them. Branding
a line of coffees with the Entenmann's name seems to
be a natural as the synergies between the items should
prove to be a winning combination in the stores they
currently are known as well as the accounts which we
already service."
"We
anticipate a strong demand from consumers for Entenmann's
coffee once they see the product in their local stores,"
says Lorraine Hale, Category Director for the Entenmann's
companies. "We're looking forward to our entry
into the coffee category with Coffee Holding Co. and
anticipate a long and productive relationship."
With
more than 100 products and over a century of experience,
Entenmann's is best-known for delivering daily fresh-baked
sweets to store shelves from coast-to-coast. All-time
best sellers include the Original Recipe soft-baked
chocolate chip cookie, crumb cakes and rich frosted
donuts. Entenmann's continues to be an innovator in
fresh-baked sweets, with the success of products such
as Entenmann's "Little Bites." Designed to
deliver the same great tastes in "right-sized"
products, Entenmann's Little Bites offer convenience
and portion-control for busy on-the-go lifestyles of
both adults and children.
"We
are delighted that the master bakers of Entenmann's
and Coffee Holding Company are working together to extend
the Entenmann's brand into the coffee category,"
says Joanne Loria, Executive Vice President and COO
of The Joester Loria Group. "This is just the first
step for Entenmann's and an exciting time for the brand
as we continue to develop new, strategic branding opportunities
in the food and beverage category."
About
Entenmann's
New
York-based Entenmann's, Inc. has been baking cakes,
pies, cookies, Danish, donuts and other confections
for over a century. Founded as a family bakery in 1898,
the company remained family owned until 1976. Entenmann's,
Inc. and Entenmann's Products, Inc. are now subsidiaries
of George Weston Bakeries Inc. Entenmann's bakery in
Bay Shore, Long Island is one of the largest in the
country. Entenmann's delivers hundreds of products all
across the U.S. with "just baked" freshness.
About
Coffee Holding
Coffee
Holding is a leading integrated wholesale coffee roaster
and dealer in the United States and one of the few coffee
companies that offers a broad array of coffee products
across the entire spectrum of consumer tastes, preferences
and price points. Coffee Holding has been a family operated
business for three generations and has remained profitable
through varying cycles in the coffee industry and the
economy. The Company's private label and branded coffee
products are sold through the United States, Canada
and abroad to supermarkets, wholesalers, and individually
owned and multi unit retail customers.
Any
statements that are not historical facts contained in
this release are "forward-looking statements"
within the meaning of the Private Securities Litigation
Reform Act of 1995. It is possible that the assumptions
made by management for purposes of such statements may
not materialize. Actual results may differ materially
from those projected or implied in any forward-looking
statements. Such statements may involve risks and uncertainties,
including but not limited to those relating to product
demand, pricing, market acceptance, the effect of economic
conditions, intellectual property rights, the outcome
of competitive products, risks in product development,
the results of financing efforts, the ability to complete
transactions, and other factors discussed from time
to time in the Company's Securities and Exchange Commission
filings. The Company undertakes no obligation to update
or revise any forward-looking statement for events or
circumstances after the date on which such statement
is made.
About
The Joester Loria Group
The
Joester Loria Group, www.joesterloriagroup.com, is a
full-service licensing and marketing agency providing
its clients with a full array of services, including:
strategic planning, competitive analysis, implementation
of licensing strategy, management of publicity and advertising
and marketing for licensing programs. The Joester Loria
Group represents DaimlerChrysler Company for Jeep and
Chrysler; American Greetings for Care Bears; Pepsi-Cola
North America for Pepsi, Mountain Dew, and Aquafina;
Baked Goods Leader, Entenmann's Products; BBC series
Planet Earth, Fashion/lifestyle brand Couch Potato,
Fido Dido, Zippo and award winning pre-school property
Baby Genius.
|