Ultimate Franchise Systems CEO Discusses Company Value on CEOCast.com
April 07 2005 - 12:32PM
PR Newswire (US)
Ultimate Franchise Systems CEO Discusses Company Value on
CEOCast.com HEATHROW, Fla., April 7 /PRNewswire-FirstCall/ --
Ultimate Franchise Systems Inc. (OTC:UFSY) (BULLETIN BOARD: UFSY)
announced today that its CEO Christopher Swartz was featured in an
interview conducted by http://www.ceocast.com/ on Wednesday, April
6. During the interview, Swartz discussed UFSY's unique business
model and his outlook for the company's performance during 2005.
"Ultimate has positioned its business model in an area where there
are few other players in our industry," remarked Swartz during the
interview. UFSY is a venture and management company that develops
partnerships with small to mid- sized restaurant franchises. UFSY
first acquires controlling interest in these franchise systems.
UFSY then consolidates and unifies the legal, accounting, marketing
and purchasing systems of these organizations. During 2004, UFSY
significantly increased the number of franchise affiliates from 385
to approximately 600. However, this growth has not been reflected
in the market capitalization of its common stock. UFSY's market
capitalization is currently less than $5 million. Last year at this
same time, it was over $15 million. UFSY's brands include: Gator's
Dockside Restaurants, Jreck Subs, Inc., Central Park Hamburgers,
Li'l Dino's Deli and Grille, Sobiks Subs, Famous Uncle Al's Hot
Dogs (OTC Pink Sheets: FFDG), Flamers Hamburgers, Westshore Pizza,
Mountain Mike's Pizza, New York Burrito, Picadilly Restaurants, and
Juicy Lucy's Hamburgers. UFSY also has affiliations with Quality
Restaurant Ventures Inc. (OTC Pink Sheets: QRVI), Obee's Franchise
Systems Inc. (OTC Pink Sheets: OBFC) and FransAction Inc. (OTC Pink
Sheets: FCTN). This press release may contain forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933 or Section 21E of the Securities and Exchange Act of 1934
and is subject to the safe harbor created by these sections.
Ultimate Franchise Systems, Inc., Obee's Franchise Systems, Inc.
and Quality Restaurant Ventures, Inc. assume no obligation to
update the information contained in this press release. Certain
information included herein may contain statements that are
forward-looking, such as statements relating to plans for future
expansion and other business development activities as well as
operating costs, capital spending, financial sources and the
effects of competition. Such forward-looking information is subject
to changes and variations which are not reasonably predictable and
which could significantly affect future results. Accordingly, such
results may differ from those expressed in any forward-looking
statements made by or on behalf of the Companies. CONTACT:
Christopher Swartz of Ultimate Franchise Systems, 407-333-8587, Web
site: http://www.ufsi.net/ DATASOURCE: Ultimate Franchise Systems,
Inc. CONTACT: Christopher Swartz of Ultimate Franchise Systems,
+1-407-333-8587 Web site: http://www.ufsi.net/
http://www.ceocast.com/
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