ROCKLIN, Calif., Oct. 1, 2003 (PRIMEZONE) -- Peabodys Coffee, Inc. (OTCBB:PBDY), a retailer and marketer of the USDA certified organic brand Black Rhino Coffee(tm), announced today that they are using MacReport.Net (OTCBB:MRPT) to strengthen their external communications and visibility with the investment community.
"Our new relationship with MacReport.Net is another major step to strengthen Peabodys Coffee's position in the competitive and busy investment marketplace. As our business grows, we need to communicate effectively and efficiently with existing and potential investors. We believe MacReport.Net will help us to do just that," said Todd Tkachuk, Peabodys' President and CEO.
About Peabodys Coffee:
Peabodys has developed the Black Rhino Coffee(TM) brand for marketing packaged certified organic coffee in retail markets. Currently, Black Rhino Coffee(TM) is on the shelf of supermarkets that are serviced by Associated Wholesale Grocers in Kansas City, BI-LO in South Carolina, and SuperValu (NYSE:SVU) in Virginia and Pennsylvania.
With organic coffee being one of the fastest-growing segments of the specialty coffee market, Black Rhino Coffee(TM) has uniquely positioned itself in the high growth natural foods category. Its three hand-roasted blends -- Alma, Spiritu and French Roast -- are grown chemical-free under strict, totally natural conditions. All Black Rhino Coffee(TM) is independently certified under the United States Department of Agriculture's National Organic Program.
For more information about Peabodys Coffee, go to www.blackrhinocoffee.com.
About The MacReport.Net, Inc.
The MacReport.Net is an information and media company that provides a Web-based forum for public and private issuers to communicate corporate audio and video news content to the business, financial and investing community through its Web site, located at http://www.macreport.net.
This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be forward-looking within the meaning of the safe harbor provisions of the U.S. federal securities laws. These include, among others things, statements about expectations of future business, revenues, cash flows and capital requirements. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to further develop its business, the company's ability to generate revenues, develop appropriate strategic alliances and successful development and implementation of technology, acceptance of the company's services, competitive factors, new products and technological changes, and other such risks as the company may identify and discuss from time to time, including those risks disclosed in the company's registration statement filed with the Securities and Exchange Commission. Accordingly, there is no certainty that the company's plans will be achieved.