Jamba - Warrants (MM) (NASDAQ:JMBAW)
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From Jun 2019 to Jun 2024
Organic To GoTM (OTCBB:
OTGO), the nation’s first fast-casual café chain to be
certified as an organic retailer by the USDA, today announced that it
has partnered with Jamba, Inc. (NASDAQ:
JMBA), the parent company of Jamba Juice, to provide its
organic and natural food offerings at Jamba Juice locations in Los
Angeles and Orange County, California and Bellevue, Washington.
“There are many synergies between the Organic To Go and Jamba brands.
This test is beneficial to both companies and consumers. By serving up
additional delicious offerings for Jamba customers, it further enhances
their in store experience while also generating revenue for both
businesses,” said Jason
R. Brown, CEO of Organic To Go. “As we announced with our LAX
expansion last week, Organic To Go is working closely with a select
number of high-quality, branded third party retailers. We are proud of
the opportunity to work together with an industry leader like Jamba to
both increase our brand exposure and capitalize on the economies that
our hub and spoke model provide. We believe this test will prove to be
successful on all accounts and we hope to expand this partnership to
additional Jamba Juice locations in the near future.”
The initial test launch is in Southern California and Washington State
with potential expansion into additional stores and geographic areas.
Organic To Go is supplying branded grab & go salads, sandwiches, wraps,
cookies, and yogurt parfaits to the Jamba locations.
“We’re excited about the possibilities of this test. Our partnership
with Organic To Go provides Jamba customers organic and natural food
that supports their growing desire for a healthy lifestyle,” said Steven
R. Berrard, Chief Executive Officer and President of Jamba, Inc.
Organic To Go offers delicious, fresh, healthy “clean” food that is
always free of harmful additives, antibiotics, chemicals, pesticides,
growth hormones or genetic modification. Organic To Go ingredients are
certified organic, natural and locally sourced whenever possible.
About Organic To Go
Based in Seattle, Organic To Go is the nation’s first fast casual café
chain to be certified as an organic retailer with locations in Seattle,
Los Angeles, San Diego and the Washington, DC metropolitan area. Organic
To Go’s delicious organic food is currently available in more than 170
locations including 33 cafés, more than 120 wholesale locations, 15
universities, 9 locations at Los Angeles International Airport and one
franchise café scheduled to open soon at the San Diego International
Airport. The company’s multi-channel business model includes Retail,
Corporate Catering and Wholesale operations. Organic To Go’s mission is
to become the leading branded provider of certified organic and natural,
soups, salads, sandwiches, pizzas, entrees and other food products to
corporate, university and other institutional customers in selected
urban areas nationwide. All Organic To Go fare is made with organic
ingredients whenever possible and is always natural, free of harmful
chemicals and created with care. For more information, visit www.organictogo.com.
About Jamba, Inc.
Jamba, Inc. (NASDAQ:JMBA) (NASDAQ:JMBAU) (NASDAQ:JMBAW) is a holding
company and through its wholly-owned subsidiary, Jamba Juice Company,
owns and franchises JAMBA JUICE® stores. JAMBA JUICE is the
leading blender of fruit and other naturally healthy ingredients.
Founded in 1990, Jamba strives to inspire and simplify healthy living
for its customers and employees. As of October 7, 2008, JAMBA JUICE had
749 stores, of which 520 were company-owned and operated. For the
nearest location or a complete menu including our breakfast smoothies
with organic granola, please call: 1-866-4R-FRUIT or visit the JAMBA
JUICE website at www.jamba.com.
Look for Jamba’s ready-to-drink Jamba® bottled Smoothies and
Juicies on grocery store shelves.
This press release includes statements that may constitute
"forward-looking" statements. Forward-looking statements include
statements that may predict, forecast, indicate, or imply future
results, performance or achievements, and may contain the words
“estimate,” “project,” “intend,” “forecast,” “anticipate,” “plan,”
“planning,” “expect,” “believe,” “will,” “will likely,” “should,”
“could,” “would,” “may” or words or expressions of similar meaning.
Forward-looking statements inherently involve risks and uncertainties
that could cause actual results to differ materially from the
forward-looking statements. Factors that would cause or contribute to
such differences include, but are not limited to, acceptance of the
Company's current and future products and services in the marketplace,
the ability of the Company to develop effective new products and receive
regulatory approvals of such products, competitive factors, dependence
upon third-party vendors, and other risks detailed in the Company's
periodic report filings with the Securities and Exchange Commission. By
making these forward-looking statements, the Company undertakes no
obligation to update these statements for revisions or changes after the
date of this release.