28.1.2005: Meldung: Green Mountain Coffee Roasters, Inc.: Exclusive Long-Term Supply Agreement with ExxonMobil
WATERBURY, Vt.---Jan. 27, 2005--Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) announced today that it has signed a new exclusive long-term supply agreement with ExxonMobil to provide over 1,100 ExxonMobil company operated locations and On The Run franchises in the United States with its high quality specialty coffees.
In 2000, Green Mountain Coffee Roasters signed its initial long-term supply agreement with ExxonMobil. Since the signing of the original agreement between the two companies, ExxonMobil has continued to expand and refine its convenience store operations both in the U.S. and internationally. In 2004, ExxonMobil announced the opening of its 1,000th On The Run convenience store worldwide. In 2003, Convenience Store Decisions Magazine named On The Run the "2003 Convenience Store Chain of the Year." Today"s announcement reaffirms the working relationship between Green Mountain Coffee Roasters, Inc. and ExxonMobil that has been successful for the past four years.
Tom Rutz, Vice President Sales, Convenience Stores for Green Mountain Coffee Roasters said, "We value our long-term relationship with ExxonMobil, and view this company as one of the industry leaders in convenience store operations. I am very pleased that we are continuing to work with this outstanding organization."
"We are happy to continue the long-term partnership we have had with Green Mountain Coffee Roasters," said Michael Gore, U.S. convenience retailing manager, ExxonMobil. "Our gourmet coffee is a strong contributor to the long-term resiliency of our convenience stores. We will continue to grow our coffee program, which is available hot and fresh, 24/7, without all the fuss of the coffee houses. Our relationship with Green Mountain Coffee has been great in the past, and we are very excited to be working together as we look ahead."
ExxonMobil is an industry leader in each of its core businesses and has an unmatched array of proprietary technologies aimed at increasing the productivity of its assets and employees. The company conducts business in almost 200 countries and territories around the globe and has established a new definition for world-class scale and efficiency.
Green Mountain Coffee Roasters, Inc. is a leader in the specialty coffee industry and offers over 100 coffee selections including estate, certified organic, Fair Trade Certified(TM), signature blends, and flavored coffees that it sells under the Green Mountain Coffee Roasters(R) and Newman"s Own(R) Organics brands. While the majority of Green Mountain Coffee"s revenue is derived from its wholesale operations, the Company also operates a direct mail business and an e-commerce website (www.GreenMountainCoffee.com) from its Waterbury, Vermont headquarters. Each year the Company contributes at least five percent of its pre-tax profits to support socially responsible initiatives. Based on its performance, Green Mountain Coffee Roasters has been recognized for the past five years as one of Forbes Magazine"s "200 Best Small Companies," for the past two years in the top ten on Business Ethics magazine"s list of "100 Best Corporate Citizens," and in 2004 as one of the Society of Human Resource Management"s "Best Medium Companies to Work for in America."
ExxonMobil and On the Run are trademarks of Exxon Mobil Corporation or one of its subsidiaries.
Green Mountain Coffee Roasters, Inc.
Rick Peyser, 866-881-7475