MILLER PLACE, N.Y., Dec. 1, 2006 (PRIME NEWSWIRE) -- Rockelle Corporation (OTCBB:RKLC), a developer, owner, operator and franchiser of quick service restaurants, is pleased to announce that the company has purchased another Kahala franchise--Surf City Squeeze. Rockelle is in final negotiations for a location within Boston's Logan International Airport.
On May 22, 2006, Rockelle announced an agreement with Kahala Corp. for two Blimpie franchises to be opened in Florida in the spring of 2007. "Kahala is one of the fastest growing franchising companies in North America," said Mr. Gerard Stephan, CEO of Rockelle Corp. "We are excited to announce Surf City Squeeze as the first Kahala concept we will bring into operation. We are equally excited about having this location in Logan Airport, one of the busiest airports in the United States."
Surf City Squeeze (www.surfcitysqueeze.com) is a juice bar concept that offers consumers nutritious real fruit smoothies and energizing sports drinks containing vitamins and nutrients. Founded in 1981, Surf City Squeeze has over 100 units in operation and anticipates expanding to over 400 locations over the next five years.
In 2005, Logan International Airport, New England's largest transportation center, served over 27 million passengers. That number is projected to increase to over 45 million passengers by 2010. "We anticipate substantial interest from the large number of travelers passing through the airport on a daily basis," added Mr. Stephan.
Mr. Stephan went on to say, "With Kahala's dedication to franchising, development and marketing of quick-service restaurants, and our experience with owning and operating these types of franchises, we believe this relationship will greatly benefit both companies. We expect this to be the first of many similar announcements."
"Through our relationship with Kahala, and the other opportunities we are currently working on with the Chock full o'Nuts management, that we hope to be able to share with the public shortly, I am very confident in a bright and growing future for Rockelle in the months and years ahead," added Mr. Stephan.
Statements released by Rockelle Corporation that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
Rockelle Corporation Investors: Jerry Stephan (631) 244-9841 Surety Financial Group, LLC Brokers: (410) 448-1130