Ultimate Franchise Systems CEO to Review Company Value on CEOcast.com
06 April 2005 - 2:21AM
PR Newswire (US)
Ultimate Franchise Systems CEO to Review Company Value on
CEOcast.com HEATHROW, Fla., April 5 /PRNewswire-FirstCall/ --
Ultimate Franchise Systems Inc. (OTC:UFSY) (BULLETIN BOARD: UFSY)
announced today that its Chief Executive Officer, Christopher
Swartz, will be featured on http://www.ceocast.com/ on Wednesday,
April 6. During the discussion, Mr. Swartz will focus on the
company's unique operational profile and his outlook for UFSY
during 2005. "Few companies in the small cap marketplace have
ownership positions in thirteen restaurant brands," explained Mr.
Swartz in preparation for the CEOcast interview. "We believe that
potential shareholders, investment brokers and even financial
institutions specializing in our industry are not sure what value
to place on UFSY stock." UFSY is a venture and management company
that develops partnerships with small to mid-size 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. This establishes a more significant infrastructure
for these companies to achieve their long-term growth and
competitive strategies. At the beginning of 2004, UFSY had
investments in 385 franchised restaurants in 20 states with a
market capitalization approaching fifteen million dollars. Today,
Ultimate Franchise Systems, Inc. (OTC:UFSY) (BULLETIN BOARD: UFSY)
has investments in approximately 600 franchised restaurants in 30
states throughout the United States. These brands include:
FransAction Inc. (OTC Pink Sheets: FCTN), Gator's Dockside
Restaurants, Jreck Subs, Inc., Central Park Hamburgers, Li'l Dino's
Deli and Grille, Sobik's Subs (OTC Pink Sheets: QRVI), Famous Uncle
Al's Hot Dogs (OTC Pink Sheets: FFDG), Flamers Hamburgers,
Westshore Pizza, Obee's (OTC:PinkOTC:Sheets:OTC:OBFC), Mountain
Mike's Pizza, New York Burrito, and Juicy Lucy's Hamburgers. The
current market capitalization is approximately five million
dollars. About CEOcast CEOcast produces and syndicates streaming
broadcast interviews with chief executive officers of public and
private companies. CEOcast's programming is distributed to millions
of on-line investors at over 700 financial web sites as well as to
more than 20,000 portfolio managers, buy-side analysts and traders
at more than 3,300 North American institutions. Content is also
disseminated to over 7,000 investment research professionals
representing over 425 institutions. 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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