PITTSBURGH, March 31, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS) is pleased to announce that they have finalized a deal with a franchisee group in North Carolina. The group has committed to opening five locations over the next twenty-four months in the border area of North Carolina and Virginia, which includes the Norfolk, Virginia market.
Unique Pizza and Subs is expecting to have their first store, in this region, open by mid-to-late summer 2006. The Company's strategy is to convert existing stores to expand their presence in the market. The short-term goal is to open ten to twenty additional stores within the vicinity of the initial locations. Norfolk, Virginia is a city of approximately 241,000 residents and is one of the busiest international ports on the East Coast of the United States.
"The introduction of the Unique Pizza and Subs brand into the Norfolk market will greatly enhance our visibility on a regional and national level. With the world's largest naval base within our new franchise's sights, we can promote our brand to a huge population of military personnel, who will be moving on to locations throughout the U.S. and the rest of the world. We are truly excited to have this region as one of our key targets for future development," stated James Vowler, CEO of Unique Pizza and Subs Corporation.
About Unique Pizza and Subs Corporation
Unique Pizza and Subs Corporation currently has ten franchises and over eleven years of profitable operations. The Company has built a solid foundation for development and growth, with four years of research completed before the first location was opened. Unique Pizza and Subs Corporation (formerly Unique Pizza Factory Corporation) was the official pizza of the Pittsburgh Penguins and has won numerous awards for taste and quality.
Safe Harbor: 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.
The Unique Pizza and Subs Corporation logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=2466