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Post# of 4981131
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Tuesday, 08/14/2007 9:47:59 AM

Tuesday, August 14, 2007 9:47:59 AM

Post# of 4981131
OBFM Obee's Franchise Systems, Inc. Announces Area Developer Agreement for New MexicoLast update: 8/14/2007 9:23:00 AMPORT CHARLOTTE, Fla., Aug 14, 2007 /PRNewswire-FirstCall via COMTEX/ -- Obee's Franchise Systems, Inc. (OTC Pink Sheets: OBFM) announced today that it has recently renewed an Area Developer agreement for the State of New Mexico. The agreement is for a 40 store development agreement throughout the state of New Mexico with Mr. & Mrs. Dick Nassif, who currently operate two obee's(R) soups, salads & subs restaurants in Albuquerque. Peter Brown, OBFM President said, "Dick and Velma have done an excellent job building a reputation for obee's(R) in Albuquerque, and we look forward to expansion throughout the enchanting state of New Mexico." Parties interested in operating a franchise in New Mexico may contact Dick Nassif at 505-898-7247 or email to: obeesdistrict11@comcast.net. All leasing and real estate offers for New Mexico and all other obee's(R) locations around the U.S. should be emailed to: realestate@obees.com 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. 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: Obeesnews@sitcomllc.com 800-316-9437For information concerning buying a franchise or an area developer agreement please contact:
Mr. Peter Brown, President Obee's Franchise Systems, Inc. pbrown@obees.comThis 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.
Investors, Obeesnews@sitcomllc.com, +1-800-316-9437, or for franchise information oran area developer agreement please contact Peter Brown, President, Obee'sFranchise Systems, Inc., pbrown@obees.comCopyright (C) 2007 PR Newswire. All rights reserved

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