PITTSBURGH, April 11, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS), a Delaware Corporation, is pleased to announce the expansion of its current relationship with franchisees, Joe Pittorino and David W. Nyberg, in the Boston area. The new franchisees have initiated their plan to convert additional existing pizza stores within their designated territory. In addition to their own 5 locations, due to open within 24 months, the franchisees have added a Director of Conversions responsible for fulfilling their commitment of opening an additional 39 locations via conversions.
This announcement is in accordance with Unique Pizza and Subs' strategy to grow rapidly through franchising, conversions and acquisitions. "The rapid development being exercised by our franchisees in a key strategic market like New England keeps us on track with our plan to have more than 180 locations open by the end of 2007," stated James Vowler, President and CEO. Unique Pizza and Subs of Delaware has franchise commitments in 5 other U.S. markets: Atlanta, GA; Austin, TX; Chesapeake/Norfolk, VA; Milwaukee, WI; and Western Pennsylvania.
About Unique Pizza and Subs Corporation, a Delaware Corporation
Unique Pizza and Subs Corporation currently is a startup/development stage company. Jim Vowler, President and CEO, completed four years of research before opening his first pizza restaurant in Millvale, PA, and then spent the next eleven years refining every aspect of the pizza business and was responsible for opening more than 20 locations under the name Unique Pizza Factory Corporation. Mr. Vowler's pizzas were the official pizza of the Pittsburgh Penguins and won numerous awards for taste and quality. Calling on this experience, Mr. Vowler has assembled an experienced management team to further develop the company's unique, quality products and business model that is well-positioned for rapid growth.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.