Marley Coffee Closes Additional $1,270,000 Equity Transaction With Institutional Investor Ironridge To Assist in Growth

LOS ANGELES, May 28, 2013

In this latest round, over 90% of the financing is going towards paying for the Company's cost of goods to supply its customers. In other words, most of the $1.27M in debt reduction creates free cash flow that we would have otherwise spent on products in addition to the margins it would have already received.

"We've worked with Ironridge before so we're very comfortable with working with them again," said Rohan Marley, Founder and Chairman of Marley Coffee. "We believe that our share price has remained steady due to our relationship with Ironridge as our team has continued to execute on our business plan. We plan on continuing to grow our company and to get our message out to the world," continued Mr. Marley.

"According to T. Rowe Price analysts, coffee is a particularly dynamic segment at the moment, and single-serve systems are a key driver of growth in the coffee segment because they represent an innovation for consumers," commented John C. Kirkland, Managing Director of Ironridge Global Partners. Mr. Kirkland continued, "Ironridge remains impressed by what Rohan and his team have accomplished at Marley Coffee. When we sat down the first time, they explained their business strategy to us and ever since the first deal, we have seen them close on that strategy. They exceeded our expectations in delivering what they promised, which is why we are so comfortable offering the same terms with an additional financing round so quickly."

"The first deal with Ironridge was about increasing the Company's future cash flows and strengthening our balance sheet," said Brent Toevs, CEO of the Company. "About two thirds of that financing went towards paying debts related to monies borrowed and vendors and the last third went towards paying off our costs of goods. In the last 10 weeks, we've started seeing some of our largest orders come in. This latest round is about generating free cash flow since 90% of the funding is paying down our costs of goods on sales. Our objective is to put that money right back into our growth strategy and to continue building on sales to achieve our 6,000 retail location 2013 goal," continued Mr. Toevs.

For more information on Marley Coffee, or for general sales inquiries, please contact sales@marleycoffee.com, visit the Company website at www.marleycoffee.com, or call the Company at 323-556-0746. 

About Jammin Java Corp., d/b/a Marley Coffee
Marley Coffee (corporate name Jammin Java Corp.) is a US-based company that provides premium, artisan roasted coffee to the grocery, retail, online, service, hospitality, office coffee service and big box store industry. Under its exclusive licensing agreement with 56 Hope Road, the Company continues to develop its coffee lines under the Marley Coffee brand. The Company is a fully reporting company quoted on the OTCQB under the symbol "JAMN". Learn more at www.MarleyCoffee.com or visit the corporate website at www.JamminJavaCorp.com.  Join us on Facebook at http://www.facebook.com/MarleyCoffee or follow us on Twitter at http://twitter.com/marleycoffee, where we post information that's material and non-material about the Company.