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Office Depot Announces Coffee Delivery Service Featuring Green Mountain Coffee Roasters and Keurig Single-Cup Brewers

Other Topics: Coffee Maker Touch Sensitive Controls, Espresso Based Specialty Drinks, Coffee Distribution, Coffee Sales Growth, China Coffee Market, Fall Coffee Line

Office Depot
October 31, 2007

Office Depot (NYSE:ODP), a leading global provider of office products and services, today announced a new Office Depot Coffee Service that offers its small, medium and large business customers the gold standard in gourmet coffee brewing as well as replenishment services. The service provides delivery and installation of Keurig(R) Single-Cup Coffee Brewers and Green Mountain Coffee Roasters coffee in K-Cup(R) portion packs. The Office Depot Coffee Service is currently available nationwide through Office Depot's North American Business Solutions Division, which provides office products and services directly to businesses.

The combination of Keurig, a pioneer and leading manufacturer of single-cup brewing systems, and Green Mountain Coffee Roasters' award-winning coffees, gives Office Depot a high quality coffee solution for offices of all sizes. The Keurig single-cup system brews one cup of gourmet coffee, tea or hot cocoa in less than 60 seconds, without the mess and cleanup of traditional machines. The brewer and K-Cup cartridge control all of the brewing variables to ensure a consistent and fresh "coffee-house" taste with every cup. Office Depot customers have over 30 varieties of Green Mountain Coffee Roasters K-Cup cartridges to choose from, including Extra Bold coffees, Celestial Seasonings(R) teas and hot cocoa.

"This new service offering is more than just delivering coffee - it's about providing a total solution to the business customer," said Steve Schmidt, President of Office Depot's North American Business Solutions Division. "From core supplies and technology to office furniture and now our new coffee service, Office Depot is providing businesses with the tools and services that help them to succeed."

As part of the new service, Office Depot will deploy an installation team to a business location to deliver the coffee unit, connect the brewing system to an existing water line, and supply the coffee. A filtration system is included with installation to ensure water entering the unit is purified for the freshest taste.

"We're excited to partner with Office Depot to promote the quality and convenience of single-cup brewing technology," said Jim Travis, Vice President of Sales, Green Mountain Coffee Roasters. "With Keurig's state-of-the-art brewing systems and Green Mountain Coffee Roasters' finely crafted coffees, we are transforming the office coffee experience for Office Depot customers."

Businesses have several options when it comes to receiving the service, including the option to purchase a brewing system for as little as $1.

For more information regarding the Office Depot Coffee Service, please visit www.officedepot.com/bsd or call 1-888-2-OFFICE.

About Office Depot
Office Depot provides more office products and services to more customers in more countries than any other company.

Incorporated in 1986 and headquartered in Delray Beach, Fla., Office Depot has annual sales of over $15.4 billion, and employs approximately 52,000 associates around the world. Currently, the Company sells to customers directly or through affiliates in 43 countries.

Office Depot is a leader in every distribution channel -- from retail stores and contract delivery to catalogs and e-commerce. As of June 30, 2007, Office Depot had 1,186 retail stores in North America and another 369 stores, either company-owned, licensed or franchised, in other parts of the world. Office Depot serves a wide range of customers through a dedicated sales force, telephone account managers, direct mail offerings, and multiple web sites. With $4.7 billion in online sales during the last twelve months, the Company is also one of the world's largest e-commerce retailers.

Office Depot's common stock is listed on the New York Stock Exchange under the symbol ODP and is included in the S&P 500 Index. Additional press information can be found at: http://mediarelations.officedepot.com.

About Green Mountain Coffee Roasters, Inc. and Keurig, Inc.
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) is recognized as a leader in the specialty coffee industry for its award-winning coffees and successful business practices. The Company sells more than 100 high quality selections, including Fair Trade Certified(TM) and organic coffees under the Green Mountain Coffee Roasters(R) and Newman's Own(R) Organics brands. While the majority of the Company's revenue is derived from its wholesale, direct mail, and e-commerce operations (www.GreenMountainCoffee.com), it also owns Keurig, Inc., a pioneer and leading manufacturer of gourmet single-cup brewing systems. Keurig offers its brewers, and K-Cups(R) from a variety of roasters, through wholesale, resellers and directly to consumers, while Green Mountain Coffee Roasters licenses, manufactures and sells its coffee as well as hot cocoa and tea K-Cups(R) for use in Keurig brewers. Green Mountain Coffee Roasters has been ranked No. 1 on the list of "100 Best Corporate Citizens," for the past two years, and has been recognized repeatedly by Forbes, FORTUNE Small Business, and the Society of Human Resource Management as an innovative, high-growth, socially responsible company.
 

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