DALLAS, July 25, 2002 (PRIMEZONE) -- Hudson's Grill International, Inc. (OTCBB:HGIIA), based in Dallas, Texas, today announced that it had signed a franchise agreement with Acceleration, LLC, a Wisconsin limited liability company. Bill Hall and Al Klein are the principals behind Acceleration, which is currently scheduled to open a new Hudson's Grill restaurant this September, in a building located at 12 North Central Avenue, Marshfield, Wisconsin. Mr. Hall and Mr. Klein are also the principals behind a successful Hudson's Grill located in Wausau, Wisconsin. Hudson's Grill International anticipates that this new franchise will be successful, too, because of Mr. Hall's and Mr. Klein's experience with the Wausau Hudson's Grill restaurant and because of their substantial experience in the restaurant industry.
As part of the signing of the franchise agreement, Hudson's Grill International received a net amount of $15,000, representing the remaining franchise fees owed by Acceleration.
Hudson's Grill International is a public company; the company's class A common shares are currently being quoted and traded over the counter on the bulletin board under the NASD symbol HGIIA.
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