Company’s Founding State Remains a Key Geography for Store Expansion
EMERYVILLE, Calif.--(BUSINESS WIRE)--Nov. 20, 2012--
Jamba Juice Company (NASDAQ: JMBA) today announced their intent to
expand throughout their home state of California with a growth plan that
includes the opening of up to 120 new Jamba Juice® stores in select
territories across Northern, Central and Southern California over the
next six-to-seven years. Capitalizing on their exceptional brand
awareness among consumers in the premier market for healthy lifestyle
and their ability to leverage existing economies of scale, Jamba® plans
to open multiple new Company-owned locations as well as create the
opportunity for multi-store development agreements with existing and new
franchisees.
“Expanding Jamba’s presence in our home and founding state of California
reflects the confidence we have in the popularity of our healthy active
lifestyle brand, and our strong and strengthening business model,” said
James D. White, Chairman, President, and CEO, Jamba Juice Company. “We
expect California expansion will take place in the form of strategic
company store growth, expansion opportunities with current franchise
partners, and more opportunity for new owners to join the Jamba family.”
Jamba sees significant opportunity to develop incremental new stores in
California in over 100 trade areas and more than 25 mall locations and
intends to offer store development packages to qualified new and
existing franchisees.
More information about the qualifications required to become a Jamba
Juice franchisee can be found on the company’s website at www.Jambafranchise.com.
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, bistro 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 October
2, 2012, there were 788 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 learn more about specific offerings and
promotions and find a location near them by visiting the Jamba Juice
website at www.JambaJuice.com,
becoming a Jamba insider at www.JambaJuice.com/insider,
liking our page on Facebook at www.Facebook.com/JambaJuice,
following us on Twitter at www.Twitter.com/JambaJuice
or by contacting Jamba’s Guest Services team at 1-866-4R-FRUIT
(473-7848).
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 projections as well as the current beliefs and
assumptions of the Company’s 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 the statements made under the
caption “Outlook for 2012” and any other 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 factors discussed under the section entitled “Risk
Factors” in the Company’s reports filed with the SEC. Many of such
factors relate to events and circumstances that are beyond the Company’s
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.

Source: Jamba Juice Company
Jamba Juice Company
Janice Duis, 510-596-0286
jduis@jambajuice.com