Gourmet's Choice Coffee Co., Inc. announced today that the Company's accountants have made substantial progress with regards to the completion of the financial statements. The Company anticipates completion of its financial statements within the next several weeks.In other news, GMCH announced that it anticipates the closing of the acquisition of the roasting facility to be completed this week. The Company also wishes to remind shareholders that the Rights Offering for Gourmets Coffee.com, Inc. is scheduled to terminate on July 14, 2000. Any shareholders who have questions concerning the Rights Offering, please call 972-788-4193.Gourmet's Choice Coffee Co., Inc., is a United States Holding Company whose strategy is the acquisition of both domestic and international beverage companies that complement its existing business, distribution and product lines.For further information contact investor relations at 800-324-3464 or visit