Debuting at the 2015 International Housewares
Show in Chicago, the K200 Offers a More Compact Size and an Array
of Color Options
Keurig Green Mountain, Inc. (Keurig) (NASDAQ: GMCR), a leader in
specialty coffee, coffee makers, teas and other beverages with its
innovative brewing technology, today announces the addition of the
Keurig® 2.0 K200 series to its family of Keurig® 2.0 brewers.
Offering a small countertop footprint and a suggested retail price
of $119.99-$129.99, the new Keurig® 2.0 K200 has the ability to
brew both a single cup and a four-cup carafe, and is available in a
variety of classic and trend-forward colors.
The Keurig 2.0 Brewing System Lineup
Expands with the Addition of the New K200 Series; Offers a More
Compact Size and an Array of Color Options (Photo: Business
Wire)
The K200 series joins other models in the recently launched
Keurig® 2.0 system, the first line of Keurig® brewing systems to
offer consumers the ultimate in variety, size and choice. Each
brewer model within the Keurig® 2.0 system, including the new K200,
offers the ability to brew both a single cup using a K-Cup® pack,
as well as a carafe using the new K-Carafe™ pack. With more than
400 beverage varieties available from 60 brands, including all of
the top ten best-selling coffee brands in America, the Keurig® 2.0
system offers the broadest portfolio of coffee and beverage brands
united in one in-home beverage system anywhere in the world.
“The addition of the K200 series to our Keurig® 2.0 lineup
broadens our portfolio, and its compact design allows even more
consumers to experience our most innovative system yet,” says Mark
Wood, Chief Product Officer of Hot Systems, Keurig. “We’re excited
to bring our unmatched beverage and brand variety to those
consumers with limited countertop space and provide the opportunity
for them to experience the simplicity and convenience of Keurig®
2.0. By offering the K200 in an array of exciting and trend-setting
colors, we’re also able to play a role in helping consumers further
customize their kitchens, personal offices and other compact living
spaces.”
Available beginning May 12, 2015 on Keurig.com, and nationwide
this summer at major retailers, the new Keurig® 2.0 K200 brewer
features:
- Available in an array of colors,
including Black, White, Strawberry, Sandy Pearl, Turquoise, Violet
and Orange Zest
- Nine brew sizes ranging from four oz.
to 30 oz.
- 40 oz. water reservoir
- Strength control
- Black and white touch display
Consumers looking to enjoy carafe brewing capabilities with the
new K200 system have the option to purchase either a Keurig® 2.0
Carafe or stainless steel Keurig® 2.0 Thermal Carafe as accessories
($19.99 and $29.99 SRP, respectively).
For more information, visit Keurig.com.
About Keurig Green Mountain, Inc.
As a leader in specialty coffee, coffee makers, teas and other
beverages, Keurig Green Mountain (Keurig) (NASDAQ: GMCR), is
recognized for its award-winning beverages, innovative Keurig®
brewing technology, and socially responsible business practices.
The Company has inspired consumer passion for its products by
revolutionizing beverage preparation at home and in the workplace.
Keurig supports local and global communities by investing in
sustainably-grown coffee and by its active involvement in a variety
of social and environmental projects. By helping consumers drink
for themselves, we believe we can brew a better world. For more
information visit: www.KeurigGreenMountain.com. To purchase Keurig®
products visit: www.Keurig.com or www.Keurig.ca.
Keurig routinely posts information that may be of importance to
investors in the Investor Relations section of its website,
www.KeurigGreenMountain.com, including news releases and its
complete financial statements, as filed with the SEC. The Company
encourages investors to consult this section of its website
regularly for important information and news. Additionally, by
subscribing to the Company's automatic email news release delivery,
individuals can receive news directly from Keurig as it is
released.
Keurig Green Mountain Forward-Looking Statements
Certain information in this press release constitutes
"forward-looking statements." Forward-looking statements can be
identified by the fact that they do not relate strictly to
historical or current facts. They often include words such as
"believes," "expects," "anticipates," "estimates," "intends,"
"plans," "seeks" or words of similar meaning, or future or
conditional verbs, such as "will," "should," "could," "may,"
"aims," "intends," or "projects." However, the absence of these
words or similar expressions does not mean that a statement is not
forward-looking. These statements may relate to: the expected
impact of raw material costs and our pricing actions on our results
of operations and gross margins, expected trends in net sales and
earnings performance and other financial measures, the expected
productivity and working capital improvements, the success of
introducing and producing new product offerings, the impact of
foreign exchange fluctuations, the adequacy of internally generated
funds and existing sources of liquidity, such as the availability
of bank financing, the expected results of operations of businesses
acquired by us, our ability to issue debt or additional equity
securities, our expectations regarding purchasing shares of our
common stock under the existing authorizations, projections of
payment of dividends, the impact of pending shareholder litigation,
and the impact of antitrust litigation pending against the Company
in the United States and Canada. A forward-looking statement is
neither a prediction nor a guarantee of future events or
circumstances, and those future events or circumstances may not
occur. Management believes that these forward-looking statements
are reasonable as and when made. However, caution should be taken
not to place undue reliance on any such forward-looking statements
because such statements speak only as of the date when made. We
expressly disclaim any obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. In addition, forward-looking statements
are subject to certain risks and uncertainties that could cause
actual results to differ materially from our Company's historical
experience and our present expectations or projections. These risks
and uncertainties include, but are not limited to, those described
in Part I, "Item 1A. Risk Factors" and Part II, "Item 7.
Management's Discussion and Analysis of Financial Condition and
Results of Operations" in our Form 10-K filed with the Securities
and Exchange Commission for the fiscal year ended September 27,
2014, and elsewhere in those reports and those described from time
to time in our future reports filed with the Securities and
Exchange Commission.
KGM-G, KGM-US
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20150302005998/en/
Keurig Green Mountain, Inc.Media Contact:Lynda McKinney,
781-418-3327Director, Public
Relationslynda.mckinney@keurig.comorInvestor Contact:Kristi
Bonner, 646-762-8095Senior Director, Investor
Relationskristi.bonner@gmcr.com
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