Gourmet's Choice Signs Marketing Agreement
NEW YORK, Aug. 12 /PRNewswire/ -- Gourmet's Choice Coffee Co., Inc. (OTC Bulletin Board: GMCH) announced today that it has entered into an agreement with Kokopelli Marketing and Management Co. The agreement concentrates on creating and developing markets to increase sales and market awareness in the following areas:
1. Kokopelli will assist Gourmet's Choice in developing its co-branding
concept and introducing its program to fast food chains, food court
concepts and non-traditional applications. Kokopelli has begun
discussions with several chains and expects to present to Gourmet's
Choice with several co-branding proposals within the next few weeks.
2. Kokopelli will be working with Gourmet's Choice to develop a private
labeling program to sell its products to supermarkets, grocery chains
and convenience stores.
3. Kokopelli shall assist Gourmet's Choice in developing its retail store
concept and franchise program. Kokopelli shall work in cooperation
with Francorp, Inc. to develop their retail and franchise program.
James Tilton, President of GMCH stated, "We are extremely anxious to start this project. People have seen the success of Starbucks and we believe Gourmet's Choice has an excellent opportunity to capitalize on the expanding market of high quality coffee sales. In fact, we are beginning to work on the franchise program with Kokopelli and they anticipate a retail application to be opened within the next 90 days. The agreement with Kokopelli is an addition to the ongoing efforts of Francorp, Inc. to develop a franchise program with Gourmet's Choice.
Gourmet's Choice Coffee Co., Inc. is a U.S. holding company whose strategy is the acquisition of both domestic and international beverage companies that complement its existing business, distribution and product lines.
For coffee orders only, please visit gourmetschoicecoffee.com. For further information contact Investor Relations at 212-398-7833 or visit the website gmch.net.
This press release contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Gourmet's Choice to accomplish its stated plan of business. Although Gourmet's Choice believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Gourmet's Choice or any other person that the objectives and plans of Gourmet's Choice will be achieved.
SOURCE Gourmet's Choice Coffee Co., Inc.
CO: Gourmet's Choice Coffee Co., Inc.; Francorp, Inc.; Gourmet's Choice Franchise Inc.
ST: New York
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