ATLANTA, Feb. 2, 2006 (PRIMEZONE) -- Creative Eateries Corporation (OTCBB:CEAT) is a franchise development company organized to capitalize on the new, growing demand for "fast-casual/full-service" restaurants in North America. Creative Eateries is poised to take advantage of this new phenomenon by targeting emerging and undervalued restaurant/franchise concepts and owning equity directly in these brands. The restaurant/franchise concepts include: Kokopelli Sonoran Grill, Comstock Jake's, Fit & Healthy Market Cafe, Q's House of Barbecue, and Don Allio's Italian Kitchen. Creative Eateries has the necessary elements to grow each concept's business quickly and successfully by actively spearheading the concept's direction, and influence and control management strategy. Creative Eateries announced that the company is now profiled on Market-Pulse.com. Market Pulse's profile focuses on the company's restaurant/franchise concepts, the restaurant markets, the company's future outlook and recent developments. Individuals interested in more information on the company can view the profile at http://www.market-pulse.com/ceatprofile.htm.
According to Bernard R. Schmitt, CEO of Market Pulse, "We are very excited to introduce Creative Eateries Corporation to the investment community. Creative Eateries has made excellent fundamental strides over the last few months. CEAT is poised to become a significant player in the restaurant industry." Bernard Schmitt also noted that, "Creative Eateries is potentially ready to capitalize on the so-called fast casual restaurant market, which has been the most rapidly growing segment of the $400 billion restaurant industry for the past several years, and according to industry publication Restaurants and Institutions and a variety of other industry sources, it currently represents about four percent of the total restaurant marketplace and is projected to double in size over the next four years."
Creative Eateries recently announced the third planned franchisee opening of the Kokopelli Sonoran Grill restaurant concept. To be launched on February 9 in Toledo, Ohio, the store is one of the 61 franchises sold since the concept's inception. Other restaurants in various stages of completion include locations in Detroit, Michigan; Portland, Oregon; and three in the Greater Phoenix area. Each Kokopelli Sonoran Grill franchise is expected to generate annual royalties of more than $50,000, which equates to about $3,000,000 per year in gross revenues for Kokopelli Franchise Company, LLC.
Creative Eateries Corporation Chief Executive Officer, Frank Holdraker recently stated, "Kokopelli Franchise Company, LLC has received significant interest from restaurant developers who see the upside potential of the quality fast casual dining experience that the Kokopelli brand represents." Creative Eateries Corporation is intent on growing all of its brands through franchising as well as its own corporate expansion by leveraging a management team skilled in restaurant development with deep operational expertise and a database of potential franchisees. Creative Eateries brings established restaurant concepts with sustained sales activity.
About Creative Eateries
Creative Eateries Corporation is a full-service franchise development company that targets emerging and undervalued franchise concepts. The company is introducing a line of new restaurant brands focusing on the emerging "fast-casual/full-service" dining segment. Creative Eateries will provide the necessary elements to grow these brands by owning or partnering with existing restaurant companies, thereby owning equity directly in these brands, and by providing the concepts a total Franchise Program.
This formula is the result of several years of development to provide the tools and support needed to create and sustain a successful restaurant franchise with above average per store returns. Creative Eateries is traded publicly on the NASDAQ Electronic Bulletin Board under the trading symbol CEAT. For additional company and franchise information, please visit www.creativeeateries.com.
About Market Pulse
Market Pulse LLC, the owner and operator of Market-Pulse.com (collectively referred to as "MP"), is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. MP is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. MP's goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation. MP provides investors with a complete suite of online interactive financial data and tools that includes quotes, charts, company profiles, news, market commentary and SEC filings, just to name a few. MP offers a free financial newsletter. To subscribe or get more information, visit our home page located at www.market-pulse.com.
Information contained herein is the opinion of MP and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.
MP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis. Information regarding companies which MP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.
You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Creative Eateries Corporation compensation from a third party shareholder: one hundred fifty thousand free trading shares of stock in Creative Eateries Corporation, already delivered from a third party shareholder. To date, MP has sold nine thousand shares of stock in Creative Eateries Corporation for proceeds totaling two thousand and three hundred dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services.