WHITTIER, Calif., June 9, 2003 (PRIMEZONE) -- Pop N Go (OTCBB:POPN) has entered into an agreement with The 124 Group, Inc. that provides for the purchase of up to 5,000 Pop N Go machines during the next 5 years. Pop N Go will manage the machines and split the net revenue with The 124 Group. The first 10 machines have been purchased and are currently under management.
"Pop N Go's popcorn machine is an exciting concept that is well accepted in diverse venues by today's demanding consumer. We are looking forward to being involved with Pop N Go in the launch of the Company's new and exciting products that are under development," stated Paul Davis, president of The 124 Group.
"This agreement will allow Pop N Go to increase the number of machines under Company management. Pop N Go's business plan will continue to focus on creative ways to participate in the recurring revenue stream from our popular popcorn vending machines," said Mel Wyman, Pop N Go's CEO.
For further information about this release and the on-goings at POPN, contact Mel Wyman at 562-945-9351 and/or Rich Kaiser, Investor Relations, Yes International, 800-631-8127.
About Pop N Go, Inc.
Pop N Go produces a unique hot air popcorn machine, capable of delivering single servings of fresh hot popcorn, which meets the demands of today's market. The company's self-contained equipment produces fresh popcorn for each customer while allowing the customer to watch the entire popping process. Pop N Go's machine is sized to fit almost anywhere (2'x2'), and can be used as a stand-alone vending machine or in a manual mode for traditional foodservice applications. Pop N Go's FlixStix Division produces the only single serving popcorn flavoring, which expands Pop N Go's brand into the home consumption market. More information about Pop N Go can be found at www.popngo.com.
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission. Nothing in this press release shall be construed as an offer to buy or sell any securities herein.