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Mr. Coffee Brand and Green Mountain Coffee Roasters Announce Agreement for Expanded Line of Single-Cup Coffeemakers Utilizing Keurig-Brewed Technology

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BOCA RATON, Fla. & WATERBURY, Vt. - (BUSINESS WIRE) - Jarden Consumer Solutions ("JCS" ), a wholly owned subsidiary of Jarden Corporation (NYSE: JAH), and Keurig, Incorporated ("Keurig" ), a wholly owned subsidiary of Green Mountain Coffee Roasters, Inc. ("GMCR" ) (NASDAQ: GMCR), today announced an agreement to expand the line of Mr. Coffee single-cup coffeemakers. This expanded offering will feature Keurig's branded, patented single-cup brewing technology for use with the more than 200 varieties of gourmet coffees, teas and hot cocoa packaged in Keurig's single-serve K-Cup® portion packs. The Mr. Coffee single-cup coffeemakers will now include brewers that feature reservoirs to quickly brew multiple cups of coffee. This is an addition to the existing single-cup offering of Mr. Coffee coffeemakers featuring Keurig's patented single-cup brewing technology.

Jarden Consumer Solutions intends to commercialize this expanded offering of coffeemakers alongside its current brewers in the U.S. and Canada. Other terms and conditions of the development agreement were not disclosed.

Alejandro Pena, Senior Vice President and General Manager, Global Appliances, for JCS, stated, "We are very excited about the opportunity to broaden our relationship with Keurig. As the leader in at-home coffee brewing, the Mr. Coffee brand is able to expand the Keurig® Single-Cup Brewing technology into additional brewers, making it available to more consumers. This agreement represents an additional important step in creating another solution for our many consumers while satisfying their needs and broadening the Mr. Coffee portfolio of products."

"The Mr. Coffee brand is well known to consumers and we're pleased that Jarden Consumer Solutions has opted to expand its current portfolio of Mr. Coffee coffeemakers leveraging Keurig's® Single-Cup Brewing technology," said John Whoriskey, Vice President, General Manager of Keurig's At Home Division. "With help from great brands like Mr. Coffee, Keurig is changing the way North America brews."

Visit www.GreenMountainCoffee.com and www.Keurig.com for more information.

About Jarden Consumer Solutions

Jarden Consumer Solutions (JCS), a subsidiary of Jarden Corporation (NYSE:JAH), is a leading consumer products company that designs, manufactures and markets, nationally and internationally, a diverse portfolio of consumer products under world-class brands such as Bionaire, Crock-Pot, FoodSaver®, Health o meter®, Holmes, Mr. Coffee®, Oster®, Patton®, Rival, Seal-a-Meal®, skybar , Sunbeam and VillaWare®. JCS is headquartered in Boca Raton, Florida, and employs more than 10,000 people in 15 countries. More information about JCS can be found on the Web at www.jardencs.com.

Headquartered in Rye, N.Y., Jarden Corporation ranks #379 on the Fortune 500 and has over 25,000 employees worldwide. For in-depth information about Jarden, please visit www.jarden.com.

About Green Mountain Coffee Roasters, Inc. and Keurig

Keurig, Incorporated is a wholly owned subsidiary of Green Mountain Coffee Roasters, Inc., (GMCR).

As a leader in specialty coffee and coffee makers, GMCR (NASDAQ: GMCR), is recognized for its award-winning coffees, innovative Keurig Single-Cup brewing technology, and socially responsible business practices. GMCR supports local and global communities by offsetting 100% of its direct greenhouse gas emissions, investing in sustainably-grown coffee, and donating at least five percent of its pre-tax profits to social and environmental projects.

GMCR routinely posts information that may be of importance to investors in the Investor Relations section of its website, including news releases and its complete financial statements, as filed with the SEC. GMCR encourages investors to consult this section of its Website regularly for important information and news. Additionally, by subscribing to GMCR's automatic e-mail news release delivery, individuals can receive news directly from GMCR as it is released.

GMCR-C

GMCR Forward-Looking Statements

Certain statements contained herein are not based on historical fact and are "forward-looking statements" within the meaning of the applicable securities laws and regulations. Generally, these statements can be identified by the use of words such as "anticipate," "believe," "could," "estimate," "expect," "feel," "forecast," "intend," "may," "plan," "potential," "project," "should," "would," and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Owing to the uncertainties inherent in forward-looking statements, actual results could differ materially from those stated here. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the impact on sales and profitability of consumer sentiment in this difficult economic environment, the Company's success in efficiently expanding operations and capacity to meet growth, the Company's success in efficiently and effectively integrating the Company's acquisitions, the Company's success in introducing and producing new product offerings, the ability of lenders to honor their commitments under the Company's credit facility, competition and other business conditions in the coffee industry and food industry in general, fluctuations in availability and cost of high-quality green coffee, any other increases in costs including fuel, the Company's ability to continue to grow and build profits in the At Home and Away from Home businesses, the Company experiencing product liability, product recall and higher than anticipated rates of warranty expense or sales returns associated with a product quality or safety issue, the impact of the loss of major customers for the Company or reduction in the volume of purchases by major customers, delays in the timing of adding new locations with existing customers, the Company's level of success in continuing to attract new customers, sales mix variances, weather and special or unusual events, the impact of the inquiry initiated by the SEC and any related litigation or additional governmental investigative or enforcement proceedings, as well as other risks described more fully in the Company's filings with the SEC. Forward-looking statements reflect management's analysis as of the date of this release. The Company does not undertake to revise these statements to reflect subsequent developments, other than in its regular, quarterly earnings releases.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50026777&lang=en

GMCR
Suzanne DuLong, 802-882-8100
suzanne.dulong@gmcr.com
or
Mr. Coffee
Hill & Knowlton
Cori Rice, 305-443-5454
Cori.rice@HillandKnowlton.com



 
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