PEET Peets Coffee & Tea, Inc. (MM)

Junction Solutions, a leading provider of vertical industry focused enterprise software and services based on the Microsoft platform and Peet�s Coffee & Tea, Inc. (NASDAQ:PEET), the premier specialty coffee and tea company in the U.S., today announced an agreement where the specialty coffee retailer will purchase JunctionRES retail software and JunctionCPG consumer packaged goods software from Junction Solutions. Both solutions are built on Microsoft Dynamics AX providing a flexible, scalable ERP platform and were chosen by Peet�s to support its unique �roast to order� fulfillment system as well as its distribution requirements to meet the needs of its multi-channel customers. Peet�s will use Microsoft Dynamics AX and JunctionRES to manage its growing order fulfillment requirements as well as financial management applications to serve the company�s 178 retail stores, 6,400 grocery partners, home delivery, foodservice and office coffee customers. Completion of the program rollout is scheduled for early fall of 2009. �After an extensive search, we found the combination of JunctionRES and JunctionCPG to be the best �out of the box� solution to run our core business operations while providing a consolidated, scalable platform with minimal customizations,� said Tom Cullen, chief information officer, Peet�s Coffee & Tea, Inc. �We are pleased that Peet�s Coffee & Tea chose JunctionRES for their roasting, planning and fulfillment software,� said Jeff Grell, president, Junction Solutions. �Junction Solutions and Microsoft jointly look forward to providing the software products, service, and support to ensure that Peet�s maintains its ongoing commitment to providing customers the freshest and highest quality, artisan roasted coffees and hand-selected teas in the U.S.� About Junction Solutions Junction Solutions offers advanced, industry-specific functionality built on the latest standard technologies from Microsoft, including Microsoft�s flexible and proven ERP application, Microsoft Dynamics AX. Junction Solutions focuses 100% on solving business issues in the Retail and Consumer Goods industries, including food and beverage processing. As a Gold Certified Microsoft Business Partner, we provide our customers with the sound technology platform required for a long term enterprise scale software solution. Read more about our retail software and consumer goods solutions, or visit us at www.junctionsolutions.com. About Peet�s Coffee & Tea, Inc. Peet�s Coffee & Tea, Inc. (PEET), is the premier specialty coffee and tea company in the United States. Peet�s buys the highest quality beans in the world, artisan roasts every bean by hand to order, and delivers all of its coffee quickly for superior freshness no matter where it is sold. Founded in 1966 in Berkeley, Calif., by Alfred Peet, who is widely recognized as the grandfather of specialty coffee in the U.S., Peet�s has a rapidly growing, passionate customer following that seeks out Peet�s coffees wherever they go. Peet�s is committed to strategically growing its business through many channels without compromising the extraordinary quality of its coffee. For more information about Peet�s Coffee & Tea, Inc. visit www.peets.com.