Innovative Beverage Concepts, Inc. Acquires New Facility to Improve On-time Deliveries of its Highly Consumable Coffee and Tea Drinks

August, 2007 (Irvine CA) - Innovative Beverage Concepts, Inc, manufacturers of Mocafe™, Mocafe Organics™, Teaology® and a leading supplier of coffee, tea and smoothie based drink mixes sold worldwide since 1996, recently purchased 9600 Research in the Irvine Spectrum, a move that Chief Brands Officer, Richard Principale says, “will aid in the speed of delivery,” of the company’s very successful line of coffee and tea drinks.

“The Irvine Spectrum is perfectly situated between the 405 and 5 freeway, which makes it a great transportation and logistics hub,” says Binh Tran, Logistics Manager for Innovative.

Principale adds that “utilizing the services of a logistics company in L.A. that was less than dependable contributed to poor on time deliveries in the past. Our customers depend on our products at their coffee bars and we wanted our quality products to be under our roof.”

The Irvine Spectrum is one of the most desirable and prestigious sought after address in all of Orange County.

The Irvine Company that owns the land nearby is also in the process of building “the Great Park”, which will be larger than New York’s Central Park when completed in 2009.

About Innovative Beverage Concepts, Inc:

Headquartered in Irvine, CA, Innovative Beverage Concepts, Inc is a leader in producing innovative products for the coffee and tea industry since 1996. Innovative Beverage Concepts, Inc brands include Mocafe™ Professional Coffee & Tea Bar Products and TEAOLOGY® tea, a modern methodology in tea™. Innovative Beverage Concepts, Inc products can be found in leading retailers nationwide. www.mocafe.net

About The Irvine Company:

The Irvine Company is a 140-year-old privately held real estate investment company best known for the balanced, sustainable communities it continues to plan and create on The Irvine Ranch® in Orange County, California.
      
It also is known for its portfolio of high-quality investment properties - office, retail and apartment - it owns in San Diego, Orange County, West Los Angeles, and the Silicon Valley. The company traces its roots to the 1860s with the assembly of the ranch from Mexican and Spanish land grants. The Irvine Company was incorporated in 1894.