PITTSBURGH, June 22, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS), a Delaware Corporation, announces the appointment of David L. Sherbondy as Vice President of Commissary. Some of Mr. Sherbondy's responsibilities as V.P. of the Commissary include: ongoing relations with the manufacturers and food brokers for UPZS's twenty-plus privately labeled proprietary items to ensure consistent quality and price points; setting up and maintaining manufacturer advertising rebate programs; inputting the information into and linking Reinhart Food Service's TRACS ordering system with UPZS's proprietary inventory control software; $1 million plus warehouse control of branded items including shirts, hats, jackets, delivery bags, sweatshirts and menus; and purchasing and warehousing the new and used pizza equipment to supply the 194 stores projected to open by the end of 2007.
James Vowler, President and CEO of Unique Pizza and Subs, stated, "Dave's twenty plus years in the food service industry, his intimate knowledge of the inner-workings of our distributor and his strong organizational skills will prove to be invaluable to us. Dave was our key account representative at Reinhart FoodService (UPZS's proprietary vendor) for the last six plus years, and I felt there was not a person more qualified to run our commissary than him. Dave has already begun to assemble the team necessary for our commissary to supply the 194 franchises that are committed to open by the end of 2007. With this very strong appointment in another key position we are proving to our shareholders just how committed we are in making Unique Pizza and Subs a household name across the U.S."
Unique Pizza and Subs continues to announce very significant and positive corporate developments, causing a great deal of excitement in the financial markets. This helps demonstrate to their shareholders and potential investors its long-term strategic expansion plan to capture a substantial portion of the U.S. pizza market. They are employing strategies that are expanding its market share and enhancing its visibility as the premier pizza franchise in the U.S. Their tactical plan addresses a market need to grow by "conversions," which will consolidate their industry and eliminate competition. Instead of building all new stores that would saturate the market, UPZS opens advantageously located stores in an area and then saturates that market by converting existing independent pizza shops into Unique Pizza and Subs locations. There continues to be strong support for the stock price (which has been rising over the past few weeks) because of heightened investor enthusiasm and in conjunction with the considerable achievements in key target markets. UPZS is clearly on its way to securing a large share of this vast U.S. pizza market. Current territories already scheduled for opening this summer are: Atlanta, GA, Austin, TX, Boston, MA, Milwaukee, WI, Norfolk/Chesapeake, 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.