Jamba Juice (JMBA) and Nestle USA Launch Ready-to-Drink Product Line for 2008
QualityStocks (May 29th, 2008) Writes:
As the leader in blending fruits and other naturally healthy ingredients, Jamba Juice (NASD: JMBA) has teamed up with Nestle USA (OTC: NSRGY) and has announced the launching of a line of Jamba® ready-to-drink beverages containing real fruit. The drinks are made with extra nutrients to enhance flavor and nutritional value. In morning trading Jamba Juice’s stock rose 13.18%.
“This is the first step in our strong partnership with Nestlé,” stated Paul Coletta, senior Vice President of marketing and brand development at Jamba. “Our teams continue to work together on future product extensions that will build and drive the synergy of Jamba retail and ready-to-drink.”
Both Jamba Smoothies and Jamba Juices can currently be found in major grocery retailers, conveincance stores, and select Jamba Juice locations in eight Western states: California, Oregon, Utah, Nevada, Arizona, Washington, and Colorado. The company has confirmed retail accounts with Target, Safeway, Albertsons, Ralph’s,
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