We are aware that Global Baristas, LLC was confirmed in a U.S Bankruptcy
court hearing as the buyer of TC Global, Inc., the company that owns and
operates the Tully's Coffee® retail stores through a licensing agreement
with Green Mountain Coffee Roasters, Inc. (GMCR).
We do not expect the sale of TC Global and its assets to have any
significant impact on GMCR's Tully's Coffee® wholesale business, which
was purchased by GMCR in 2009 along with ownership of the Tully's
Coffee® brand. We cannot speculate on the future of the retail business.
GMCR will continue to roast, package and sell Tully's Coffee® in bags,
K-Cup® packs and Vue® packs in supermarkets, club and specialty stores,
online at www.Tullys.com, www.GreenMountainCoffee.com and www.Keurig.com,
and in offices and foodservice locations.
We want to assure Tully's Coffee® fans that GMCR remains committed to
the hand-crafted, slow-roasted artisanal approach to deliver the same
full coffee flavor customers have come to know and expect from every cup
of Tully's Coffee®.
