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Swiss Water Decaffeinated Coffee Inc
Symbol SWP
Shares Issued 9,078,780
Close 2020-09-21 C$ 2.87
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Swiss Water completes first production at new facility

2020-09-21 18:20 ET - News Release

Mr. Frank Dennis reports

SWISS WATER COMPLETES FIRST COMMERCIAL PRODUCTION FROM ITS NEW, CHEMICAL FREE DECAFFEINATION FACILITY IN DELTA, B.C.

Swiss Water Decaffeinated Coffee Inc. has completed the first production run of commercial-grade coffee from its Delta, B.C., facility. This marks the final step in the startup of the initial processing line at the company's new, technically advanced decaffeination facility and the culmination of a three-year effort to develop additional capacity to service growing demand for its sustainably sourced, chemical-free decaffeinated coffees. The first batch of product is destined for growing international markets focused on the rapidly growing ready-to-drink coffee segment.

Like food and beverage consumers worldwide, decaffeinated coffee drinkers are increasingly demanding that their coffee contain no residual chemical solvents. This continues to drive an industry-wide migration away from chemical decaffeination processes in favor of 100-per-cent chemical-free products like Swiss Water Process coffees. "We are very excited to complete the first production of coffee from our new Delta facility and that we have a targeted customer group for this additional volume. Our proven quality and our brand speak to the growing desire on the part of consumers to drink delicious tasting coffee all day long without worrying about the affects of caffeine or the potential health impacts of consuming unnecessary chemical solvents," said Frank Dennis, Swiss Water's president and chief executive officer. Swiss Water intends to leverage the additional capacity to extend its long-term growth in the high-quality, 100-per-cent chemical-free decaffeinated coffee marketplace in North America and internationally.

About Swiss Water Decaffeinated Coffee Inc.

Swiss Water Decaffeinated Coffee is a leading specialty coffee company and a premium green coffee decaffeinator which employs the proprietary Swiss Water process to decaffeinate green coffee without the use of chemicals. It also owns Seaforth Supply Chain Solutions, a green coffee handling and storage business. Both businesses are located in the cities of Burnaby, B.C., and Delta, B.C.

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