Tully's Coffee Corporation to File Registration Statement for Public Stock Offering



    SEATTLE, March 14 /CNW/ - Tully's Coffee Corporation ("Tully's Coffee" or
the "Company") announced today its intent to file a registration statement
with the U.S. Securities and Exchange Commission ("SEC") for a proposed
underwritten public offering of its common stock. The filing of such a
registration statement is subject to applicable economic and capital market
conditions, and would be subject to review by the SEC. The Company expects to
file the registration statement before the end of April 2007.

    Tully's Coffee anticipates that gross proceeds from the offering will be
approximately $50,000,000. Proceeds will fund expansion of the Company's
retail and wholesale operations, working capital and general corporate
purposes.

    A registration statement relating to these securities has not yet been
filed with the SEC. These securities may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes effective. This
press release shall neither constitute an offer to sell, nor the solicitation
of an offer to buy, nor shall there be any sale of these securities in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.

    Statements made in this release concerning the Company's intentions or
expectations about future events are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
statements are subject to risks and uncertainties that could cause actual
results to vary from stated intentions and expectations. Factors that could
result in such variations include, but are not limited to, adverse
developments in the capital markets and the economy generally and changes in
our business, operations, and financial condition due to numerous factors,
including many beyond the Company's control. Information concerning these and
other factors that could cause actual results to differ materially from the
Company's current expectations is contained in Tully's Quarterly Report on
Form 10-Q for the fiscal quarter ended December 31, 2006 and its Annual Report
on Form 10-K for the fiscal year ended April 2, 2006.




For further information:

For further information: Lane Marketing Media Contacts: Kristen Siefkin,
503-407-1221 kristen@lanepr.com or Emy Noel, 503-754-7059 emy@lanepr.com

Organization Profile

TULLY'S COFFEE CORPORATION

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