Jamba Juice and Centerplate Reach Agreement, Bringing the Jamba Juice Brand to New Venues Across the Country
15 December 2009 - 10:01PM
PR Newswire (US)
New Franchise Relationship Offers Potential to Extend Jamba Juice's
Offerings to Centerplate-serviced Convention Centers, Sports
Stadiums and Entertainment Venues Nationwide EMERYVILLE, Calif.,
Dec. 15 /PRNewswire-FirstCall/ -- (NASDAQ:JMBA) -- Jamba Juice and
Centerplate, the hospitality partner to North America's premier
convention centers and sports stadiums, announced today a new
franchise relationship to offer Jamba Juice menu items to
Centerplate's guests with the initial debut of Jamba JuiceĀ® kiosks
at select locations. With the potential to expand across additional
Centerplate partner venues, each kiosk location will offer a
selection of better-for-you, delicious, high quality Jamba Juice
products. "This new relationship offers Jamba Juice an excellent
opportunity to expand offerings into new venue types across the
country ranging from professional sports stadiums to performing
arts complexes," said Thibault de Chatellus, senior vice president,
global franchise and development, Jamba Juice Company. "Our goal is
to provide additional meal options to fans, families, and
individuals seeking health-oriented fare they already know and love
when out and about enjoying fun activities together." Capitalizing
on the trend towards better-for-you options within the QSR
category, Jamba Juice, which is recognized as one of the healthier,
quick serve food and beverage brands, will initially add the Jamba
Juice product line to the food service offerings at select
Centerplate-serviced venues. Beginning with the introduction of
Jamba Juice kiosks, Jamba and Centerplate have plans to further
expand in late 2010 with the development of "fast fare" quick
service programs that will enable the brand to fit into additional
concession locations within each venue and handle the high
throughput required by those operations. "We are thrilled to offer
our clients and guests the Jamba Juice line of products, enhancing
our food service menu line-up with additional healthy choices,"
said Bob Pascal, senior vice president of marketing and sales for
Centerplate. "Jamba is a trusted brand that will be a hit with fans
looking for delicious choices while enjoying their favorite
events." With products made from high quality, great tasting
ingredients, Jamba Juice offers customers a variety of
better-for-you products that contain no artificial flavors, no
artificial preservatives, no high fructose corn syrup, and zero
grams of trans fat. Jamba Juice also offers menu options for
customers with special dietary needs including non-dairy,
non-gluten, vegetarian, and vegan. "Jamba Juice is always looking
for ways to help people feel good while they are doing what they
love," said James D. White, president and CEO, Jamba Juice Company.
"Our relationship with Centerplate gives us the opportunity to
bring great tasting, healthy lifestyle products to fans while they
are cheering for their preferred team or singing along with their
favorite band. We have always been an active lifestyle brand and
now we have the potential to reach new fans in arenas, stadiums,
and convention centers across the nation." Centerplate's
relationship with Jamba Juice follows the recent announcement of
its merger with Boston Culinary Group, one of the largest
foodservice management companies in the recreation and leisure
industry, with the transaction slated for early 2010, In addition,
Centerplate is preparing to serve as a hospitality partner to the
2010 Winter Olympic Games in Vancouver. In addition to the
relationship with Centerplate, Jamba Juice franchise growth in
other non-traditional outlets, such as college campuses, airports,
malls, grocery stores, and other small formats, is a key component
of Jamba Juice's 2009-2010 Blend Plan. The Company believes there
are potential opportunities for at least 2,700 total stores in the
U.S. and that the franchise strategy will better position Jamba
Juice for growth, by increasing brand presence with reduced capital
outlay. About Jamba, Inc. Jamba, Inc. (NASDAQ:JMBA) is a holding
company and through its wholly-owned subsidiary, Jamba Juice
Company, owns and franchises JAMBA JUICEĀ® stores. Founded in 1990,
Jamba Juice is a leading restaurant retailer of better-for-you food
and beverage offerings, including great tasting fruit smoothies,
juices, and teas, hot oatmeal made with organic steel cut oats,
wraps, salads, sandwiches, and California Flatbreads(TM), and a
variety of baked goods and snacks. As of October 6, 2009, Jamba
Juice had 742 locations consisting of 488 company-owned and
operated stores and 254 franchise stores. For the nearest location
or a complete menu, visit the Jamba Juice website at
http://www.jambajuice.com/ or call 1-866-4R-FRUIT. About
Centerplate Centerplate creates "Craveable Experiences. Raveable
Results." in more than 250 prominent sports, entertainment and
convention venues across North America. Centerplate has provided
services to 11 Super Bowls, 19 World Series, key events for the
Democratic and Republican National Conventions, 15 official U.S.
Presidential Inaugural Balls, over 100 major College Bowl Games and
the largest plated dinner in history at the Alpha Kappa Alpha
Centennial Celebration. Visit the company online at
http://www.centerplate.com/. Forward-looking Statements This press
release (including information incorporated or deemed incorporated
by reference herein) contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are those involving future events
and future results that are based on current expectations,
estimates, forecasts, and projects as well as the current beliefs
and assumptions of our management. Words such as "outlook",
"believes", "expects", "appears", "may", "will", "should",
"anticipates", or the negative thereof or comparable terminology,
are intended to identify such forward looking statements. Any
statement that is not a historical fact, including estimates,
projections, future trends and the outcome of events that have not
yet occurred, is a forward-looking statement. Forward-looking
statements are only predictions and are subject to risks,
uncertainties and assumptions that are difficult to predict.
Therefore actual results may differ materially and adversely from
those expressed in any forward-looking statements. Factors that
might cause or contribute to such differences include, but are not
limited to, those discussed under the section entitled "Risk
Factors" in our reports filed with the SEC. Many of such factors
relate to events and circumstances that are beyond our control. You
should not place undue reliance on forward-looking statements. The
Company does not assume any obligation to update the information
contained in this press release. DATASOURCE: Jamba, Inc. CONTACT:
Marci Mollins, , or Katy Saeger, , both for Jamba Juice,
+1-323-932-4102, or Mia Herron, +1-323-932-4030, , for Centerplate
Web Site: http://www.centerplate.com/ http://www.jambajuice.com/
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