| Press Releases
3/03/03
D'Agostino Supermarkets Places Green Mountain Coffee
in All 23 New York Locations
First Supermarkets in New York City to Offer Newman's Own Organics Coffees
WATERBURY, Vt.--(BUSINESS WIRE)--March 3, 2003--Green Mountain Coffee
Roasters, Inc. (NASDAQ: GMCR) announced today that it is supplying 15
varieties of Green Mountain coffee to all 23 D'Agostino Supermarkets in
New York City and Westchester County. In addition, the Company announced
that D'Agostinos is the first supermarket chain in New York City to offer
Newman's Own® Organics coffees, roasted exclusively by Green Mountain
Coffee Roasters.
Nick and Patsy D'Agostino founded D'Agostino Supermarkets in 1932. The
two brothers opened a small store on Lexington Avenue that combined high
quality produce, baked goods, and groceries under a single roof, bringing
the modern "supermarket" concept to life for the first time in New York
City. The D'Agostino brothers also offered their customers the convenience
of home delivery, a service that still exists today.
Over the years, D'Agostino's key to success has been offering superior
service and high quality products. The D'Agostino tradition of innovation and
quality continues with the introduction of coffees from Green Mountain Coffee
Roasters and Newman's Own® Organics, bringing these two high quality coffee
lines together in a New York City supermarket for the first time. All six
Newman's Own® Organics coffees are certified organic and Fair Trade. Fair
Trade certification guarantees that the small-scale farmers who grew these
coffees were paid a fair price for their crop. Green Mountain Coffee Roasters is
a leading purchaser and roaster of certified Fair Trade and organic
coffees.
Nick D'Agostino, III, VP of Corporate Administration of
D'Agostinos said, "We are very excited to offer our customers a complete line of
GMCR coffees. The company's commitment to quality, their passion for coffee, and
support of social and environmental causes, makes our collaboration a very nice
fit."
Don Barberio, Vice President, Supermarket Channel at Green Mountain Coffee
said, "I am very pleased that D'Agostino Supermarkets, with a well-deserved
reputation for quality and service, is making Green Mountain coffee available in
all 23 of its locations, in both bulk and packages. D'Agostinos is the perfect
venue to introduce six high-quality Newman's Own® Organics coffees to New York
consumers. We look forward to developing a long and productive relationship with
D'Agostino Supermarkets."
Green Mountain Coffee Roasters, Inc., is a
leader in the specialty coffee industry and has been recognized by Forbes
Magazine for the past three years as one of the "200 Best Small Companies in
America." The Company roasts high-quality arabica coffees and offers over 90
coffee selections including single-origin, estate, certified organic, Fair
Trade, signature blends, and flavored coffees that it sells under the Green
Mountain Coffee Roasters® and Newman's Own® Organics brands.
The
majority of Green Mountain Coffee's revenue is derived from its wholesale
operation that serves supermarkets, convenience stores, offices, and other
locations where fine coffees are sold. Green Mountain Coffee also operates a
direct mail business and an e-commerce website
(http://www.GreenMountainCoffee.com) from its Waterbury, Vermont headquarters.
Green Mountain Coffee seeks to make the world a better place for present and
future generations by operating in an environmentally and socially conscientious
manner. The Company contributes at least five percent of its pre-tax profit
annually to support socially responsible initiatives, many of which it has
supported for over 10 years.
CONTACT: Green Mountain Coffee Roasters, Inc. Rick Peyser, 866/881-7475
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