PROSPER, Texas, April 19, 2006 (PRIMEZONE) -- Brian Dean, Publisher of OTCPicks.com, announced today that the website has initiated Profile Coverage of Coffee Pacifica, Inc. (OTCBB:CFPC). Says Mr. Dean, "Coffee Pacifica has come a long way since its inception and is positioned to become one of the largest green bean coffee suppliers in North America. The Company's growing role in the coffee industry is evident from the fact that it was recently listed on the Standards & Poors' directory. The Company is in the process of becoming the number one supplier of PNG coffee in the U.S. within the next 18 months. The increased focus on the growing U.S. market highlights the management commitments to cash on the surge in specialty coffee consumption in the U.S. and to pursue this significant market and revenue opportunity. The Company further seeks to continue to acquire "Roaster Retailers" who are vertically integrated sellers of coffee and operate their own coffee roasting facilities. PNG green bean coffee accounts for around 2% of the total U.S. green bean coffee supply and Coffee Pacific is positioned to dominate and grow that segment of the U.S. coffee market."
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About Coffee Pacifica, Inc.
Coffee Pacifica, Inc. (OTCBB:CFPC) is a distributor and a marketer in the United States, Canada and Europe of the green bean coffee grown in Papua New Guinea. 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 http://www.coffeepacifica.com. Coffee Pacifica's wholly owned subsidiary, Uncommon Grounds Inc., established in 1984, is a coffee roasting and wholesale company based in Berkeley, California. Visit their website at http://www.uncommongrounds.net to purchase our PNG roasted coffee beans.
PNG Coffee Growers Federation Ltd. is our strategic partner and a major shareholder. PNGCGF's shareholders are 144 individual independent coffee grower co-operatives in 11 of the 13 coffee growing provinces in Papua New Guinea. This represents approximately 100,000 plus individual coffee farmers involved in producing co-operative coffee. The high-quality premium-grade coffee produced by the co-operatives are pooled and marketed by Coffee Pacifica.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. This is also sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes ``forward-looking statements'' within the meaning of the federal securities laws, commonly identified by such terms as ``believes,'' ``looking ahead,'' ``anticipates,'' ``estimates'' and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated seven thousand dollars by a third party for CFPC advertising and promotional services. OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.