INDIANAPOLIS, Jan. 25, 2012 (GLOBE NEWSWIRE) -- Noble Roman's, Inc. (OTCBB:NROM), the Indianapolis based, non-traditional pizza franchisor, today announced that it was partnering with The Pantry, Inc., the leading convenience store operator in the southeastern United States, for a pilot program featuring Noble Roman's branded foodservice system. The Pantry is headquartered in Cary, NC and has over 1,650 locations in 13 states. The pilot program will begin with a first location inside a Kangaroo Express, The Pantry's primary operating banner, in Raleigh, NC.
With a tradition of "quality customers can taste" dating back to 1972, Noble Roman's pizza-focused foodservice systems for convenience stores are recognized within the industry as affordable, productive and easy to operate. Recognizing the current and growing popularity of pizza, and knowing the keys to successful foodservice in convenience stores, The Pantry chose Noble Roman's as their partner in this pilot program.
Noble Roman's is, of course, famously known for their pizza and breadsticks, but also provides a complete menu of delicious products ideal for foodservice within convenience stores and other venues – items ranging from a complete breakfast line-up to pasta, wings, subs and more. Operators awarded a Noble Roman's franchise are encouraged to customize the scope of their menu based on their specific objectives, providing a great deal of operator flexibility. Additionally, Noble Roman's has authorized its convenience store operators to begin merchandising the company's highly successful take-n-bake pizza program, offering a new profit center under the Noble Roman's nameplate.
The initial Noble Roman's pilot location with The Pantry is expected to open in Raleigh, NC during the 1st quarter of 2012.
The statements contained in this press release concerning the company's future revenues, profitability, financial resources, market demand and product development are forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) relating to the company that are based on the beliefs of the management of the company, as well as assumptions and estimates made by and information currently available to the company's management. The company's actual results in the future may differ materially from those projected in the forward-looking statements due to risks and uncertainties that exist in the company's operations and business environment, including, but not limited to, market acceptance of recently introduced products, competitive factors and pricing pressures, the current litigation with certain former traditional franchisees, non-renewal of franchise agreements, shifts in market demand, compliance with the terms of the company's bank credit agreement, general economic conditions and other factors including, but not limited to, changes in demand for the company's products or franchises, the success or failure of individual franchisees and changes in prices or supplies of food ingredients and labor as well. Should one or more of these risks or uncertainties materialize, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended. The company undertakes no obligations to update the information in this press release for subsequent events.