Jamba Juice And International Franchise Inc. Sign A Non-Binding Letter Of Intent For Canadian Franchise Development

MarketWatch:

Jamba Juice Company, a widely recognized healthy, active lifestyle brand announced today that they had entered into a non-binding letter of intent with International Franchise Inc., a world leader in the franchising segment and a significant global player in the frozen dessert category, for the franchise development of up to 125 locations across Canada over the next 10 years.

“We are excited about the potential to enter our second international market in Canada through the formation of a franchise relationship with International Franchise Inc.,” commented James D. White, chairman, president, and CEO, Jamba Juice Company. “The successful completion of these discussions would represent another critical step in our strategy of becoming a global healthy, active lifestyle brand.”

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