ATLANTA, Jan. 8, 2007 (PRIME NEWSWIRE) -- A recent article from the Papua New Guinea Post-Courier regarding Coffee Pacifica's (OTCBB:CFPC) strategic partner, the PNG Coffee Growers Federation, is available on OTC Stock Review's website. The article discusses additional payments to farmers from the sale of their green bean coffee, a milestone for the small farmer in Papua New Guinea. One of the keys to Coffee Pacifica's success is its adherence to a unique "Tree to Cup" strategy designed to capture a growing share of the vibrant worldwide gourmet coffee market. The company's tightly integrated business plan allows the small coffee farmer to own shares in the company and be paid a premium price for their coffee beans. The company offers the farmers support services: special training, consulting and technical support to improve both the quantity and quality of the coffee bean harvest.
This opportunity to participate in U.S. equity markets helps developing countries become more self-sufficient while allowing CFPC to own the supply chain. While the farmers grow the coffee, CFPC pools and markets it. Every company that sells coffee has to buy their green beans from somewhere. Since the small farmer is the producer, CFPC's tree to cup strategy positions them to be the supply chain from PNG by making farmers shareholders. As a result, the number of the company's farmer-shareholders has surged from 305 in 2004 to approximately 120,000 today -- a number that continues to grow.
Socially responsible companies that have made positive contributions to the environment and their shareholders have been among Wall Street's top performers. Investments using at least one social investment strategy have grown from $40 billion in 1984 to $639 billion in 1995, to over $2 trillion today. In addition to making farmers shareholders and paying them above market prices for their green bean coffee, CFPC has established a "Coffee Growers Welfare Fund designed to provide specific medical coverage for the female coffee farmers who are members of the PNG Coffee Growers Federation Ltd. The women farmers have access to pre and post natal hospital medical care. The main objective of the Fund is to reduce the number of prenatal and postnatal deaths. The administrator of the Fund is PNG Coffee Growers Federation Ltd.
Investors can download a pdf of the article from our website at http://otcstockreview.com/Files/CFPC/Papua_New_Guinea_Post_Courier_01022007.pdf.
About Coffee Pacifica
Coffee Pacifica, Inc. 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 exports approximately 2% of the annual world green bean production. 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 Coffee Pacifica online 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 Papua New Guinea roasted coffee beans.
PNG Coffee Growers Federation Ltd. (`PNGCGF') is Coffee Pacifica's strategic partner and a major shareholder. PNGCGF's shareholders are 179 individual independent coffee grower co-operatives in 11 of the 13 coffee growing provinces in Papua New Guinea. This represents approximately 120,000 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. In PNG approximately 86% of the exported coffee is annually produced by the small independent coffee growers.
About the Papua New Guinea Post-Courier
The Post-Courier is the largest selling national newspaper in Papua New Guinea, with an audited daily circulation of 26,262 and is published Monday to Friday in English. The newspaper is distributed mostly by air throughout Papua New Guinea.
The Post-Courier is also the oldest newspaper in the country, being formed in June 1969. It has grown with the country and continues to cover the national affairs of Papua New Guinea.
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