Opens 700th Jamba Location, 500th Company Owned Store
EMERYVILLE, Calif., (BUSINESS WIRE) -- Jamba Juice, the leading blender of fruit and other naturally healthy ingredients, announces the opening of its 700th location in Portland, Oregon on December 20, 2007. Jamba also reached another milestone signifying the company's rapid growth with the opening of its 500th company-owned store in Tacoma, Washington on December 27, 2007.
"This is a significant milestone for Jamba Juice as we continue to grow and expand nationwide, further increasing the accessibility and awareness of the Jamba brand," said Paul Clayton, chief executive officer of Jamba Juice. "In 2007 we opened more than 100 stores across the country, 21 of which were in the Pacific Northwest. We will continue to open company-owned stores in our traditional format, and look to expand into airports and college campuses to meet the needs of our customers."
The Portland, Oregon store is located at Cascade Station, 10131 NE Cascade Parkway, Portland, OR 97220. The Tacoma, Washington store is located in Gig Harbor, 4709 Point Fosdick Drive NW, Tacoma, WA 98493.
ABOUT JAMBA JUICE
Founded in 1990, JAMBA JUICE(R) is the leading blender of fruit and other naturally healthy ingredients. Jamba Juice Company, a subsidiary of Jamba, Inc. (NASDAQ:JMBA; NASDAQ:JMBAU; NASDAQ:JMBAW), owns and franchises JAMBA JUICE(R) stores. As of the end of Fiscal Year 2007, JAMBA JUICE has 707 stores, of which 501 are company-owned and operated. For the nearest location or a complete menu including new All Fruit(TM) and Functional smoothies, please call: 1-866-4R-FRUIT or visit the JAMBA JUICE(R) Web site at www.jamba.com. Look for Jamba's healthy ready-to-drink Smoothies and Juicies in stores in 2008.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements are statements that are not historical facts. Forward looking statements in this release include those related to expectations regarding store openings and market development. Such forward-looking statements, based upon the current beliefs and expectations of Jamba, Inc.'s management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: demand for the products and services that Jamba, Inc. provides, and general economic conditions. The information set forth herein should be read in light of such risks. Jamba, Inc. does not assume any obligation to update the information contained in this press release.
SOURCE: Jamba Juice