Christian Stüdlein Appointed CEO
Integrated Coffee Technologies announces the appointment of Mr. Christian M. Stüdlein as Interim Chief Executive Officer effective August 1, 2000. Mr. Stüdlein comes to us on a part-time basis through an arrangement with Helbling, a Swiss merger and acquisition, and interim management company. Mr. Laith Reynolds, our previous CEO, has stepped down to pursue another full time position outside of Hawaii but remains as Chairman of the Board of Directors.
Integrated Coffee Establishes New Office and Laboratories
In mid-December 2000 Integrated Coffee moved into a new facility in Waialua on the north shore of O'ahu Hawaii. The new facility consists of 7,400 sq. ft. of office and laboratory space, an area where a glasshouse will be constructed and 30 acres of field space including 4.7 acres in coffee. The building is currently undergoing renovations for use as a tissue culture and molecular biology laboratory. This facility will meet the needs of Integrated Coffee as we establish our own in-house research and commercial production programs.
Dr. John Stiles Joins Integrated Coffee as Chief Scientific Officer
Dr. John Stiles joined Integrated Coffee Technologies as Chief Scientific Officer on January 1, 2001. He had previously served in this capacity as a consultant while on leave from the University of Hawaii. Dr. Stiles directed the laboratory at UH where the caffeine-free and controlled ripening technologies were developed and is co-inventor on these and other biotechnology patents in the area of tropical crops.
Dr. Stiles Elected to SCI (CQI) Board of Trustees
Dr. John Stiles, Chief Scientific Officer, was elected to the Specialty Coffee Institute Board of Governors in December, 2000 (now known as the Coffee Quality Institute). The mission of the Coffee Quality Institute is to integrate advances in science and technology with practical applications in agriculture and industry that lead to continuing improvements in all aspects of coffee quality from "seed to cup." The Coffee Quality Institute is a non-profit 501(c)(3) educational foundation and separate fund of the Specialty Coffee Association of America. To learn more about the Coffee Quality Institute and the Specialty Coffee Association of America visit their web sites. Dr. Stiles also serves on the Board of Directors of Association Scientifique Internationale du Café (ASIC) the Paris-based organization supporting science in all areas of the coffee industry.
Settlement Reached with Liquidators of ForBio Ltd.
After extensive negotiations, settlement with the liquidators of ForBio Ltd was completed in March, 2001. ForBio Ltd. was our former joint venture partner. Under conditions of this agreement, ForBio Ltd. is no longer a shareholder of Integrated Coffee Technologies, Inc.
Christian Stüdlein Joins Integrated Coffee as CEO
Christian Stüdlein has been appointed CEO. Previously Mr. Stüdlein served as Interim CEO though a management agreement with Helbling, a Swiss merger and acquisition, and interim management company. Mr. Stüdlein left Helbling and was appointed CEO in July, 2001.
Carolyn L. Ching appointed Corporate Secretary
Effective July 2001 Carolyn L. Ching, CPA was appointed Corporate Secretary. Ms. Ching has served ICTI for many years as CPA and tax advisor and will bring considerable financial experience to the company.
Dr. James R. Coughlin Joins Board of Directors
Effective September 1, 2001, Dr. James Coughlin has become a member of the Integrated Coffee Technologies, Inc. Board of Directors. Dr. Coughlin brings considerable experience in the areas of food safety, government regulations and nutrition science to the company. Dr. Coughlin is currently Principal, Coughlin & Associates a consulting firm to many Fortune 500 food, chemical, pharmaceutical, mining and consumer products companies and their related trade associations. Before establishing his consulting firm in 1991, Dr. Coughlin managed external toxicology, safety and regulatory affairs for General Foods Corporation and Kraft General Foods Inc. Dr. Coughlin has been active in many industry organizations involved in foods and food safety including a terms as President of the Association Scientifique Internationale du Café, the professional organization for coffee science, and chairman of the Scientific Advisory Group and the Standards Regulations Committee of the National Coffee Association of the USA. He was also involved in founding the Caffeine Committee of the International Food Information Council and has served as a consultant to this committee.
Mr. Laith Reynolds Retires from Board of Directors
Mr. Laith Reynolds, Founder and Chairman of the Board of Directors, announced his retirement from the Board at the April 17, 2002 Board meeting. The Board thanked Mr. Reynolds for his many years of service and leadership and wishes him the best in his new endeavors.
Christian Stüdlein Elected Chairman of the Board of Directors
On April 25, 2002 at a special Board Meeting held to fill the vacancy due to Mr. Reynolds' retirement, Mr. Christian Stüdlein was elected Chairman. Mr. Stüdlein is also CEO.
Project on Tissue Culture of Nematode-resistant Coffee Plants for Grafting Announced
On June 3, 2003 Integrated Coffee Technologies announced the initiation of a project to supply superior nematode-resistant root stock for the production of grafted high quality coffee plants for Kona. This project will utilize nematode-resistant Coffea liberica (dewevrei) propagated in tissue culture using bioreactors to produce genetically uniform material as root stock for grafting to high quality 'typica' Coffea arabica. These grafted plants will be genetically uniform and have resistance to nematodes while still producing high quality Kona coffee. For more information contact info@integratedcoffee.com.
Waialua firm developing decaf plant--Honolulu Advertiser July 14, 2003
On July 14 2003 the Honolulu Advertiser featured a story about Integrated Coffee Technologies in its Business Section. The story reviews the company's history, the caffeine-free research project and the current decaf market. The full article can be accessed at http://the.honoluluadvertiser.com/article/2003/Jul/14/bz/bz03a.html
June 30, 2004
Integrated Coffee Technologies, Inc. announced today the completion of a funding round utilizing the Hawaii High Technology Tax Credit (Act 221). The funding will allow Integrated Coffee Technologies to increase research efforts in three major areas: caffeine-free coffee plants, tissue culture production of nematode-resistant root stock for Kona, and controlled-ripening of coffee fruit. This enhanced research effort will require the addition of up to two scientists immediately with additional technical staff in the coming months. Integrated Coffee Technologies will continue to seek additional funding under Act 221.
January 2, 2006
Integrated Coffee Technologies, Inc. announced the completion of a funding round utilizing the Hawaii High Technology Tax Credit (Act 215/221). The funding will allow Integrated Coffee Technologies to increase production of its grafted nematode-resistant root stock for Kona. Sales of these plants will begin in 2006. In addition, the funding will increase research on development of caffeine-free coffee and controlled-ripening coffee. Integrated Coffee Technologies is continuing to pursue additional funding under Act 215/221 as well as other sources.
Integrated Coffee Technologies, Inc. is a Hawaii-based agricultural biotechnology company and has been operating in Hawaii since 1995. The company's focus is on development of improved coffee plants with benefits for consumers, farmers and roasters. Some of Integrated Coffee's research program originated from basic work carried out at the University of Hawaii, where it's Chief Scientific Officer, Dr. John Stiles was a faculty member from 1983 until moving to Integrated Coffee Technologies in 2000. Additional information about Integrated Coffee Technologies can be found at www.integratedcoffee.com or by contacting CEO Christian Stüdlein at (808) 637-9948.
Pacific Land and Coffee signs letter of intent to acquire Integrated Coffee Technologies, Inc.
June 18, 2007
HONOLULU, Hawaii, June 18, 2007 – Pacific Land and Coffee Corporation (Nasdaq Bulletin Board: PLCF) announced today that it has entered into a letter of intent to acquire Integrated Coffee Technologies, Inc., a developer of genetically enhanced coffee plants. The letter of intent, which is subject to the completion of due diligence, approval of shareholders of Integrated Coffee Technologies, Inc., and other matters, will be effected by the issuance of a number of shares equal to approximately 70% of the outstanding shares after giving effort to their issuance.
For more information, please contact Dale Nielsen (CEO) of Pacific Land and Coffee at (808) 371-4266 or Hwncoffee@aol.com. Source: Pacific Land and Coffee Corporation CO: Pacific Land and Coffee Corporation.
Note: Except for the historical information contained herein, this new release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third- party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by Pacific Land and Coffee Corporation with the Securities and Exchange Commission. The forward-looking statements contained in this news release represent judgments of the management of Pacific Land and Coffee Corporation as of the date of this release.
Shareholders of Integrated Coffee Technologies, Inc. will be receiving additional information via a shareholder’s letter shortly.
December 18, 2007
HONOLULU, Hawaii, December 18, 2007 - Pacific Land and Coffee Corporation (Nasdaq Bulletin Board: PLFF) announced today that it has acquired 71.5% of Integrated Coffee Technologies, Inc., a Hawaii-based innovator in tropical agricultural biotechnology with a focus on coffee plants. Using state-of-the-art biotechnology, Integrated Coffee Technologies is developing coffee plants that grow caffeine-free and coffee plants in which the ripening process can be controlled by the grower to improve harvest and processing efficiency. Coffee is the second largest commodity in trading volume after petroleum, with an annual trading value of $60 billion.
The acquisition was effected by the issuance of 7,644,149 shares of Pacific Land and Coffee common stock. Pacific Land and Coffee will make an offer to the remaining shareholders of Integrated Coffee Technologies to acquire all outstanding shares at the same exchange ratio. If 100% of Integrated Coffee Technologies is acquired, the total outstanding shares of Pacific Land and Coffee will be approximately 15.4 million. Pacific Land and Coffee Corporation will file a Current Report on Form 8-K with more details regarding the transaction with Integrated Coffee Technologies within 4 business days.
Dale Nielsen, Chief Executive Officer of Pacific Land and Coffee Corporation, said "The acquisition of Integrated Coffee Technologies is not only complementary to our existing business but provides our shareholders with the opportunity to participate in a revolution in the coffee industry."
Pacific Land and Coffee Corporation sells private label coffee to wholesale and retail accounts nationally and internationally, and brokers green bean coffee internationally under the trade name Coscina Brothers Coffee.
For more information, please contact Dale Nielsen (CEO) of Pacific Land and Coffee at (808) 371-4266 or Hwncoffee@aol.com.
Source: Pacific Land and Coffee Corporation
CO: Pacific Land and Coffee Corporation
Note: Except for the historical information contained herein, this new release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third- party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by Pacific Land and Coffee Corporation with the Securities and Exchange Commission. The forward-looking statements contained in this news release represent judgments of the management of Pacific Land and Coffee Corporation as of the date of this release.
Integrated Coffee Technologies announces changes to the Board of Directors and Management
Integrated Coffee Technologies, Inc. announces the restructuring of its Board of Directors after the purchase of approximately 71.5% of the company's shares by Pacific Land and Coffee Corporation. Drs. James R. Coughlin and John W. Cox have stepped down from the Board. Mr. Christian Stüdlein has relinquished his positions of Chairman and Chief Executive Officer. Ms Carolyn L. Ching has resigned as Chief Financial Officer and Corporate Secretary.
It is expected that restructuring of the Board will be completed and a new management team will be in place by March 15, 2008.
Integrated Coffee Technologies wishes to thank our departing Directors and Officers for their many years of diligent work on behalf of the company and wishes them all the best in their new endeavors.
On February 19, 2008 information on the offer by Pacific Land and Coffee to acquire the remaining shares of Integrated Coffee Technologies, Inc. was sent to all shareholders at their current address of record. If you are a shareholder of Integrated Coffee Technologies, Inc. and do not receive this information within the next two weeks please contact us immediately.
Alfred Coscina appointed Chairman of Integrated Coffee Technologies, Inc. Board of Directors
Mr. Alfred Coscina has been appointed Chairman of the Board of Directors of Integrated Coffee Technologies, Inc. Mr Coscina serves on the Board of Pacific Land and Coffee Corporation, the majority shareholder in Integrated Coffee Technologies and has worked in the coffee industry for over 15 years.
Dr. John I. Stiles appointed Chief Executive Officer of Integrated Coffee Technologies, Inc.
The Board of Directors of Integrated Coffee Technologies, Inc. has appointed Dr. John Stiles as Chief Executive Officer. Dr. Stiles will continue as Chief Scientific Officer and Director.
Share Swap with Pacific Land & Coffee Extended
Pacific Land & Coffee has extended the deadline for the share swap for Integrated Coffee Technologies, Inc. common shares. If you are a shareholder of Integrated Coffee Technologies or hold a share certificate of Coffees of Hawaii with the CUSIP number 45810 Y 10 0 you are eligible to participate in this acquisition. If you did not receive the transaction documents please contact Integrated Coffee Technologies as soon as possible, preferably at info@integratedcoffee.com.
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