Jamba Juice and Quaker Oats Announce Strategic Partnership to Innovate Health and Wellness Options for Consumers

Now You Can Have Your Whole Grains and Drink Them Too with New Quaker® Whole Grains at Jamba Juice

EMERYVILLE, Calif. - July 29, 2013 // PRNewswire // - Jamba Juice Company, a leading healthy, active lifestyle brand, and The Quaker Oats Company, a subsidiary of PepsiCo, Inc., and leader in delicious and nourishing whole grain oat based products, announced today that they have entered into a strategic product development alliance. The partnership capitalizes on both companies' equities and capabilities in engaging health-conscious consumers, and officially launches with a first-of-its-kind, easy-to-blend version of the whole grain Quaker Oats consumers trust to the roster of boosts available in Jamba Juice® stores nationwide.

The new Quaker®-branded boost delivers at least 16 grams, or one full serving, of whole grains and enables consumers to enjoy the delicious, whole fruit smoothies they love while getting the added benefit of whole grains. This new addition to the Jamba® product line serves as a convenient solution for people seeking simple ways to lead healthier lives and is available for 25 cents.

"We're pleased to enter into a product development partnership with an innovative partner like Quaker and launch our first project together," said Jamba chairman, president and CEO James D. White. "Jamba and Quaker both support healthy living and offer better-for-you products and programs for consumers. This will be a major step forward in our mutual mission of developing and offering innovative snack or meal solutions and helping fuel healthy families."

Americans continue to fall short of getting the whole grains nutrition experts recommend. The 2010 US Dietary Guidelines recommend that at least half of all grains consumed be whole, yet less than 15 percent of people get the 3-5 minimum daily servings1. In addition to fiber, whole grains provide a number of essential vitamins and nutrients, and eating the recommended amount each day as part of a diet low in saturated fat and cholesterol can help reduce the risk of developing heart disease, and may contribute to maintaining a healthy weight.

"As the leader in oats, it's imperative we continue to develop new and transformative ways for people to enjoy whole grains, which play an essential role promoting overall health," said Jose Luis Prado, President, Quaker Foods North America. "This not only includes developing breakthrough, oat-based products, but also working with critical partners like Jamba Juice to broaden oats accessibility. We're excited to align with them on this project."

Find out more about Jamba Juice's specific offerings, promotions and locations by visiting the Jamba Juice website at www.JambaJuice.com or by contacting Jamba's Guest Services team at 1-866-4R-FRUIT (473-7848). For more information about The Quaker Oats Company, please visit www.QuakerOats.com, www.Facebook.com/Quaker or on Twitter @Quaker.

About Jamba Juice Company

Founded in 1990, Jamba Juice Company (NASDAQ: JMBA) is a leading restaurant retailer of better-for-you, specialty beverage and food offerings, which include great tasting, whole fruit smoothies, fresh squeezed juices and juice blends, hot coffee and teas, hot oatmeal, breakfast wraps, sandwiches and mini-wraps, California Flatbreads™, frozen yogurt, and a variety of baked goods and snacks. Jamba-branded products for at-home enjoyment are also available through select retailers across the nation and in Jamba outlets. As of April 2, 2013, there were 820 Jamba Juice store locations globally. Jamba is a proud sponsor of "Team Up for a Healthy America" in the fight against childhood obesity and encourages fans to join the Team Up community of celebrities, athletes and other leaders committed to getting kids active and involved at www.myhealthpledge.com. Fans of Jamba Juice can find out more about Jamba Juice's locations as well as specific offerings and promotions by visiting the Jamba Juice website at www.JambaJuice.com or by contacting Jamba's Guest Services team at 1-866-4R-FRUIT (473-7848).

About The Quaker Oats Company

The Quaker Oats Company, headquartered in Chicago, is a unit of PepsiCo, Inc., one of the world's largest consumer packaged goods companies. For more than 130 years, Quaker's brands have served as symbols of quality, great taste and nutrition. Holding leadership positions in their respective categories, Quaker® Oats, Quaker® Rice Cakes and Quaker Chewy® Granola Bars are consumer favorites. For more information, please visit www.QuakerOats.com, www.Facebook.com/Quaker or follow us on Twitter @Quaker.

About PepsiCo

PepsiCo is a global food and beverage leader with net revenues of more than $65 billion and a product portfolio that includes 22 brands that generate more than $1 billion each in annual retail sales. Our main businesses – Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable foods and beverages that are loved throughout the world. PepsiCo's people are united by our unique commitment to sustainable growth by investing in a healthier future for people and our planet, which we believe also means a more successful future for PepsiCo. We call this commitment Performance with Purpose: PepsiCo's promise to provide a wide range of foods and beverages from treats to healthy eats; to find innovative ways to minimize our impact on the environment by conserving energy and water and reducing packaging volume; to provide a great workplace for our associates; and to respect, support and invest in the local communities where we operate. For more information, please visit www.pepsico.com.

Contacts:

For Jamba Juice Company
Mike Fuccillo, Dir. Corporate Communications
mfuccillo@jambajuice.com 510-596-0100, EX-7

For Quaker Oats Company
Sara Scharg, Public Relations Senior Supervisor
sara.scharg@pepsico.com 312-821-2427

1 http://www.cnpp.usda.gov/Publications/DietaryGuidelines/2010/PolicyDoc/Chapter5.pdf

SOURCE Jamba Juice Company; The Quaker Oats Company

 

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