Obee's Franchise Systems Inc. (fka OBEE)

[infoseek]

Obee's Franchise Systems, Inc. Announces Area Developer Agreement For MinnesotaLast update: 8/7/2007 9:46:00 AMPORT CHARLOTTE, Fla., Aug 07, 2007 /PRNewswire-FirstCall via COMTEX/ -- Obee's Franchise Systems, Inc. (OTC Pink Sheets: OBFM) announced today that it has renewed an agreement with one of its area developers for a 12 county territory in Minnesota. The agreement, whose development schedule has not been finalized, calls for the opening of 23 obee's(R) soups, salads & subs restaurants in a twelve county area in the area of Minneapolis-St. Paul, and has a population of over 1.5 million residents. "We believe that obee's(R) soups, salads & subs restaurants will be an excellent match with the wholesome tastes of residents in Minnesota," declared Peter Brown, OBFM President. "We are very pleased that our area developer, Mr. Jeff Plemel, has reaffirmed his commitment to the Obee's brand, and our vision of building a national chain of fast casual restaurants. The entire organization is fully committed to supporting Jeff with his plans for finding new franchisees and building out this great territory in Minnesota." Parties interested in operating a franchise in this territory may contact Mr. Plemel directly at 320-980-7310. All leasing and real estate offers for the Minnesota territory and all other obee's(R) locations around the U.S. should be emailed to: [e-mail] About Obee's Franchise Systems, Inc. Obee's Franchise Systems Inc. is the parent company of obee's(R) soups, salads & subs, a fast casual restaurant chain that manages franchises in 21 states from Florida to California. obee's(R) soups, salads & subs features a menu of both healthy and hearty items ranging from fresh garden salads to extra large, deli-style sub sandwiches. At present there are over 50 Obee's locations open and under development. OBFM has commitments from a nationwide network of area developers to open an additional 1,000 stores over the next ten years. See:
All Investor Relations Inquiries should contact: SITCOM LLC [e-mail] 800-316-9437 For information concerning buying a franchise or an area developer agreement please contact: Mr. Peter Brown, President Obee's Franchise Systems, Inc. [e-mail] 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. Obee's Franchise Systems, Inc. assumes 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. SOURCE Obee's Franchise Systems Inc.
Mr. Peter Brown, President of Obee's Franchise Systems, Inc., [e-mail];or Investor Relations Inquiries, SITCOM LLC, [phone], [e-mail] (C) 2007 PR Newswire. All rights reserved