Coffee Pacifica Corporate Update
Monday July 9 1:00 PM
Coffee Pacifica, Inc. (OTCBB:CFPC) announced today that it has notified Deidrich Coffee, Inc. ("Diedrich") of its decision to not proceed with a tender offer to acquire 3,000,000 shares of the capital stock of Deidrich Coffee, Inc. (representing approximately 66% of the issued and outstanding shares of Deidrich Coffee, Inc.) On June 11, 2007, in a Form 8-K filing with the Securities and Exchange Commission, Coffee Pacifica announced its intention to make a tender offer to acquire shares of Diedrich. Coffee Pacifica continues to evaluate other suitable acquisition targets that meet exacting standards of roasting coffees and supplying coffee on a "Growers Direct" basis to the wholesale and retail gourmet markets.
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