SAN DIEGO, CA - (NewMediaWire) - July 06, 2015 - Youngevity International, Inc. (OTCQX: YGYI), a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, announced today that its wholly owned subsidiary, CLR Roasters, has signed a two year agreement to roast, grind, package, and distribute coffee for Topco's the Full Circle Brand. The line of premium coffee is being produced in eight SKU's all of which are Fair Trade and Organic certified.
CLR Roasters presented the complete line of Full Circle branded coffee at Topco's annual Center Store Sales and Merchandise Conference, which was recently held in Chicago. Nearly 800 attendees, including representatives from 47 Topco Members, over 400 companies, and 100 brokers took part in the conference. The conference featured nearly 10,000 one-on-one meetings where companies presented various product categories and brands to members.
Topco Associates, LLC, established in 1944 is a buying group that combines the buying power of its member-owners to secure competitive pricing and to provide innovative business strategies to its membership. Topco Associates has more than 50 member-owners that collectively represent more than $120 billion in sales and thousands of stores. The membership includes supermarket retailers, wholesale distributors and foodservice companies.
"This was a great way for us to share samples and present actual finished packaging to a number of prestigious retailers and distributors that are part of Topco's membership. It is refreshing to attend an event that is so efficiently managed and where actual order commitments are generated," said Ernesto Aguila, President of CLR Roasting Operations, who attended the event. "Coming out of this conference we have already booked in excess of $1 million of Full Circle Branded Coffee. We have already secured commitments from a number of Topco Members including Bi Lo Stores, Stater Bros, and Big Y. We anticipate adding additional members in the near future."
"All eight items in the Full Circle Brand utilize Fair Trade Organic Coffee, so once again CLR is benefiting from its vertical integration strategy. We are one of the few companies that can provide Fair Trade, Organic certified coffee grown on our own certified plantations, processed in our own Nicaraguan based Fair Trade, Organic certified processing facility, and roasted, ground and packaged in our own Fair Trade, Organic Certified Coffee Roasting operation. This is a unique value proposition and we are proud to bring these capabilities to Topco and the Full Circle Brand," said Dave Briskie, CFO and President of Commercial Operations.
About Youngevity International, Inc.
Youngevity International Inc., (OTCQX: YGYI) (www.YGYI.com ) is a fast-growing, innovative, multi-dimensional company that offers a wide range of consumer products and services, primarily through person-to-person selling relationships that comprise a "network of networks." The Company also is a vertically-integrated producer of the finest coffees for the commercial, retail and direct sales channels. The Company was formed after the merger of Youngevity Essential Life Sciences (www.Youngevity.com) and Javalution Coffee Company in the summer of 2011, and changed its name to Youngevity International Inc. from AL International, Inc. in July 2013. For more information, visit www.YGYI.com or find us on Facebook https://www.facebook.com/Youngevity or follow us on Twitter @youngevity https://twitter.com/youngevity
About CLR Roasters
CLR Roasters (www.clrroasters.com) was established in 2001 and is a wholly-owned a subsidiary of Youngevity International. CLR Roasters produces coffees under its own Cafe LaRica brand, as well as under a variety of private labels through major national sales outlets, hospitality, cruise lines, health and wellness facilities, office coffee service providers, and convenience store distribution. It also produces a unique line of coffees with health benefits under the JavaFit® brand.
About Topco Associates LLC
Topco Associates LLC is a privately held company that provides innovative business solutions for its food industry member-owners and customers. Topco leverages the collective volume, knowledge and commitment of these companies to create a competitive advantage in the marketplace by reducing costs and offering winning business-building capabilities. Topco's membership collectively represents billions in retail sales volume with thousands of stores.
Topco provides procurement, quality assurance, packaging and other services exclusively for its member-owners, which include supermarket retailers, food wholesalers and foodservice companies. Topco has no conflicting profit motive because it distributes all earnings back to its member-owners based on their level of participation.
Safe Harbor Statement
This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "excited", "believes," "estimates," and similar expressions. The forward-looking statements contained in this press release include statements regarding our expected sales of Full Circle Branded Coffee and the Company's anticipated future growth. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict, including our ability to add and secure commitments from additional Topco Members, increase sales of Full Circle Branded Coffee and our ability to continue our current growth. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release based on new information, future events, or otherwise, except as required by law.