Unique Pizza and Subs Receives First Installment Payment For 115 Franchises in Texas


PITTSBURGH, Oct. 16, 2007 (PRIME NEWSWIRE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS), a Delaware Corporation announces that it has received the first installment payment of $17,500 as the beginning to an agreement signed on October 5, 2007 for 115 franchise in the state of Texas. This deal with Unique Franchise Operations, Inc will be carried out over a period of two years in which UFO will make weekly installment payments until the entire amount of $2,012,500 is paid to Unique Pizza and Subs. Unique Pizza and Subs will continue to work closely with Unique Franchise Operations to assist UFO when they are ready to begin finding locations, negotiating leases, and starting the build out process on these stores.

Unique Pizza and Subs Corporation held a conference call on Monday, October 15, 2007 to give an update on the status of UPZS. The conference call has been recorded and posted on their website at www.UniquePizza.com. To listen to a replay of the conference call, click on "Shareholder Conference Calls" on Unique Pizza and Subs home page, click on "Click Here" to listen to previous conference calls, and then select the date of the conference call you wish to listen to.

In addition, James C. Vowler, President and CEO of Unique Pizza and Subs Corporation, www.uniquepizza.com, was featured in an exclusive interview with www.wallst.net that was held on October 9th at 2:00 p.m. EDT. The interview has already been listened to over 1300 times and has been rated over 250 times. The interview is posted on www.wallst.net. The interview covered topics including Unique Pizza and Subs market potential, growth initiatives, competitive edge, recent news, and milestones for which investors should watch. To hear the interview in its entirety, visit http://www.wallst.net and click on "Interviews." The interview can be accessed either by locating the company's ticker symbol (UPZS) under the appropriate exchange at the top of the "Interviews" section or by entering the company's ticker symbol (UPZS) in the Search Archive window on the right-hand column of the "Interviews" section.

The Unique Pizza and Subs logo is available at http://www.primenewswire.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.


            

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