Jamba Inc was incorporated in Delaware on January 6, 2005. The Company through its wholly-owned subsidiary, Jamba Juice Company, is a restaurant retailer of better-for-you beverages and food offerings, which include tasting fruit smoothies, fresh squeezed juices, hot teas, hot oatmeal made with organic steel cut oats, fruit and veggie smoothies, Fit'n Fruitful smoothies with Weight Burner Boost, Whirl'ns Frozen Yogurt, breakfast wraps, side salads, sandwiches, California Flatbreads, and a range of baked goods and snacks. The Company has one reportable retail segment. As of December 31, 2013, there were 851 Jamba Juice stores globally, consisting of 268 Company-owned and operated stores, all located in the United States (Company Stores), 535 franchise-operated stores in the United States (Franchise Stores), and 48 franchise-operated stores in international locations. It conducts various training programs for franchise partners, team members, support center staff and its leadership team on a regular basis. The Company is committed to providing only the finest smoothies, juices and other food products. It competes directly with regional smoothie stores, of which are franchises of other smoothie brands. The Company is subject to extensive and varied federal, state and local government regulation, including regulations relating to public health and safety and zoning codes.