Diedrich Coffee Agrees to Sell U.S. Gloria Jean's Coffees Franchisee Operations

IRVINE, Calif., March 27, 2009 /PRNewswire-FirstCall via COMTEX/ ----As part of its strategy to capitalize on the growth of the wholesale specialty coffee market and its strength as a premier roaster and distributor of the world's finest coffees, Diedrich Coffee, Inc. (Nasdaq: DDRX) today announced that it has signed a definitive agreement with Praise International North America, Inc., an affiliate of Gloria Jean's Coffees International, for the sale of its Gloria Jean's Coffees domestic franchise operations. Gloria Jean's Coffees International holds the rights to the Gloria Jean's Coffees brand for all international countries excluding the U.S. and Puerto Rico.

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