PITTSBURGH, May 31, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS), a Delaware Corporation, projects its expansion into the Norfolk/Chesapeake Virginia and northeastern North Carolina market to consist of 26 (twenty-six) locations open by the end of 2007, with total sales of $11,129,000. This will be accomplished through the initial franchisees' commitment to open 5 (five) new stores in the rapidly growing market, combined with an aggressive program to convert 21 (twenty-one) existing pizza restaurants in the region into Unique Pizza and Subs over the next 18 months. The initial franchise is owned by four local residents, Steve and Debbie Hamm and Rick and Rayanne Trader, who are eager to have their first of five locations open by August 2006.
James Vowler, President and CEO of Unique Pizza and Subs, stated, "Our franchisees reflect the attitude of this market; young, ambitious and professional. The Eagleton 4, as we have come to know them, were loyal out-of-state customers before they became franchisees. I couldn't be more excited to have the Eagleton 4 on board with us. During their many visits to the Pittsburgh area they had to eat (in their words) 'the best pizza in the world,' in fact they loved the pizza so much they decided to open five franchises in their home state of North Carolina. Having the largest U.S. naval base in the world makes this market very appealing to us and we plan on working with the Navy to set up a program that will help finance any interested servicemen to be the owner of his/her own Unique Pizza and Subs franchise. With the expansion of twenty-six new franchises in the North Carolina and Virginia market it is another strong indication to our loyal shareholders how committed we are towards national expansion."
Unique Pizza and Subs has recently come out with significant and very positive corporate developments, causing a market frenzy. They continue to sign multiple franchise contracts in new markets because of their cutting edge business model that provides franchisees with the assistance they need to: increase sales, lower marketing costs, strengthen their purchasing power and save five percent labor cost due to their system-wide customer response center. This enables their franchisees to continually exceed the customer's expectations while generating much higher profits than it's competitors. Unique Pizza and Subs is well positioned for strong growth throughout the U.S. and they anticipate many significant announcements over the next few months to support that contention. This will allow them to reach strategic and financial milestones that will provide reassurance for shareholders and brokers, while propelling serious interest from potential investors. This strategy is designed to make Unique Pizza and Subs one of the largest pizza franchises in the U.S. within the next five years. Other new territories scheduled for opening this summer are: Atlanta, GA; Austin, TX; Boston, MA; Milwaukee, WI; and Pittsburgh, PA.
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 pizzas 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.
The Unique Pizza and Subs logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2466
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.