PITTSBURGH, April 20, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS), a Delaware Corporation, is in the process of finalizing the location of its first store in the Milwaukee market. The franchisee, union lawyer John Budzinski, has been working with a commercial real estate agent to develop a list of 10 potential locations for new stores. With the help of Unique Pizza and Subs' senior management, that list will be narrowed down to 5 target locations within the next week to ten days, with a commitment to move forward with opening approximately sixty days later. "Our plan is to aggressively open as many locations as possible within a 100-mile radius of our first location. We got into this to be a major player in terms of locations. We have confidence in Unique Pizza and Subs' product to get us there," stated Budzinski.
Unique Pizza and Subs' strategy is to grow rapidly through franchising, conversions and acquisitions. "The Milwaukee market has great potential to be one of our largest markets. We know the market well since our Executive Vice President, Bill Vowler, has spent many years living and working there during his career with Honeywell," stated James Vowler, President and CEO of Unique Pizza and Subs of Delaware. The company currently has further franchise openings moving forward in 5 other U.S. markets: Atlanta, GA. Austin, TX, Boston, MA, Chesapeake/Norfolk, VA, and Western Pennsylvania. The company's revenue stream of franchise fees and royalties will increase throughout 2006 with the dramatic growth in locations. Unique Pizza and Subs' ultimate objective to have 1,000 stores open in the near future will be underway by this summer.
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.
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.