PITTSBURGH, Pa., May 25, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS), a Delaware Corporation, is ready to enter the Atlanta, Georgia market in a big way. Franchisee Christy Connor has site approvals done in the very attractive Buckhead and Midtown areas of Atlanta. Unique Pizza and Subs will open 8 (eight) new locations and an additional 20 (twenty) stores through conversion of existing independent pizza restaurants by the end of 2007. Total sales of $12,534,000 are projected for the region based on per-store sales estimates. Ms. Connor expects to have her first of eight locations (Buckhead, GA) open by August 2006.
Jack Carroll, Senior Vice President of Sales and Marketing for Unique Pizza and Subs, stated, "The South clearly represents a huge growth opportunity for our conversion model. Expanding in the key market of Atlanta, one of the south's largest and most vibrant markets, opens the door for rapid development of our franchise throughout the region. Our commitments to open twenty-eight new stores, in the ninth largest market in the U.S., is another strong indication to our shareholders and the investment community our steadfastness for national expansion."
This is another major step forward for Unique Pizza and Subs. The overall demand for franchises has been very strong based on the continued enthusiasm of people wanting to open franchises in new markets. This has investors excited about growth because they can see this trend continuing for an extended period of time. The overwhelming interest also increases the rate at which they will be able to convert existing pizza shops into Unique Pizza and Subs. This will allow them to exceed growth forecasts and accelerate their corporate plans to be a top pizza franchise in the U.S. Other markets slated for opening this summer are: Austin, TX; Boston, MA; Milwaukee, WI; Norfolk, VA; 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 pizza 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.