Coffee Pacifica's New Coffee Supply Source -- Rwanda.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Coffee Pacifica, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CFPC CFPC College of Family Physicians of Canada CFPC California Forest Products Commission CFPC Child & Family Policy Center (Iowa) CFPC Centre Français du Patronat Chrétien CFPC Community Family Planning Council CFPC Central Florida Pregnancy Center, Inc. ) announced today that it has received a report from its Rural Development Advisor, Dr. Paul Perrault, retained May 1, 2005, on the potential of new coffee supply sources from Rwanda. The study included an assessment of Rwandan co-operatives and their ability to become a partner and a reliable supplier of quality green bean coffee to Coffee Pacifica. The report has identified prospective co-operatives that fit in Coffee Pacifica's "Growers Direct" sales strategy. Additionally, to assist in the reduction of poverty in Rwanda, Dr. Perrault recommends dealing directly with co-operatives so that benefits from the premium prices paid for coffee are spread widely in the rural communities. Dr. Paul Perrault is at present a private consultant focusing on policy, organization and management of agricultural research and on broad rural development issues. Dr. Perrault has 43 years of teaching, training, research, and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal experience in Canada, Africa, the Middle East and Asia. He has published numerous articles and research publications on policy, management and rural development issues in developing countries. Dr. Paul Perrault has a Doctorate in Development Economics from Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. , Stanford, California Stanford is a census-designated place (CDP) in Santa Clara County, California, United States. The population was 13,315 at the 2000 census. Stanford is an unincorporated area of Santa Clara County and is adjacent to the city of Palo Alto. . Dr. Perrault has consulted for the World Bank and participated in the founding of Rwanda's National University in the early 1960's. Mr. Jon Yogiyo, Vice Chairman of Coffee Pacifica, stated that "our diversification plans allow us to expand to new revenue streams while minimizing our general business risk. Our growth strategy requires us to access green beans green beans Noun, pl long narrow green beans that are cooked and eaten as a vegetable from other coffee producing countries to provide multiple country origin coffee within our distribution system. At the moment, we are targeting Rwanda." Coffee Pacifica, Inc. is a distributor and a marketer in the United States, Canada and Europe of green bean coffee grown in Papua New Guinea Papua New Guinea (păp` ə, –y . Green bean coffee in Papua New Guinea is grown by Coffee Pacifica's shareholder-farmers in the Highland region's rich volcanic soils between the altitudes of 4,000 and 6,000 feet above sea level. Papua New Guinea coffee is well regarded by consumers for its uniqueness, consistency and special flavor characteristics. For more information about our coffee products, visit our website at www.coffeepacifica.com. PNGCGF is a strategic partner and a major shareholder of Coffee Pacifica. PNGCGF's shareholders are 105 co-operatives representing approximately 60,000 coffee growers organized in various co-operatives located throughout the coffee growing areas of PNG (Portable Network Graphics) A bitmapped graphics file format endorsed by the World Wide Web Consortium. It is expected to eventually replace the GIF format, because there are lingering legal problems with GIFs. . The high quality premium-grade coffee produced by the co-operatives are pooled and marketed by Coffee Pacifica. Except for the historical matters contained herein, statements in this press release contain "forward-looking statements" within the meaning of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties which may affect the Company's business and prospects. Actual results could differ materially, as the result of such factors as: (1) competition in the markets for the Company's green bean coffee; (2) the ability of the Company to execute its plans; and (3) other factors detailed in the Company's public filings with the SEC. By making these forward-looking statements, the Company can give no assurances that transactions described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this press release. This release should be read in conjunction with our Annual Report on Form 10-KSB and our other filings with the SEC through the date of this release, which identifies important factors that could affect the forward-looking statements in this release. In addition, factors that could cause actual results to differ materially from those contemplated in the statements include, without limitation, overall economic conditions, and other risks associated generally with green bean coffee business. These forward-looking statements are not guarantees of future performance. |
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