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Tuesday, 03/16/2004 9:38:08 AM

Tuesday, March 16, 2004 9:38:08 AM

Post# of 275592
~PDCN News...



Press Release Source: P.D.C. Innovative Industries, Inc.


P.D.C. Innovative Industries, Inc. Signs Franchise Agreement
Tuesday March 16, 9:30 am ET


TAMPA, Fla.--(BUSINESS WIRE)--March 16, 2004--P.D.C. Innovative Industries, Inc. ("PDC" or the "Company") (OTCBB:PDCN - News) announces the recent signing of a Ragin' Ribs restaurant franchise in the North Hillsborough Territory. The restaurant is located in Temple Terrace, a suburb of Tampa, Florida.
Under the terms of the Restaurant Franchise Agreement, the franchisee, Mr. Jonathon Massie paid the Company a franchisee fee of $25,000. The agreement requires Mr. Massie to pay a royalty of 4% of gross sales from this restaurant operation.

"This is the first of five restaurants to be opened in Mr. Massie's territory," stated Jim Cheatham, CEO. "Our restaurants are designed for home delivery. We deliver a whole meal within a 3-miles radius of our restaurant. As our slogan says - We Deliver The Best!"

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future performance. Such statements are subject to risks and uncertainties and other factors as may be discussed from time to time in the Company's public filings with the U.S. Securities and Exchange Commission ("Commission"), press releases and verbal statements that may be made by our officers, directors or employees acting on our behalf which could cause actual results to differ materially from those discussed in the forward looking statements and from historical results of operations. In addition to statements, which explicitly describe such risks and uncertainties, statements with the terms "believes," "belief," "expects," "plans," "anticipates" and similar statements should be considered uncertain and forward-looking.

Factors that might cause such a difference include, without limitation: uncertainty of the Company's ability to meet capital needs; competition within the fast-casual restaurant segment, and as further set forth in our public filings filed with the Commission and our press releases.



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Contact:
P.D.C. Innovative Industries, Inc., Tampa
Paul R. Smith, 1-813-258-0606



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Source: P.D.C. Innovative Industries, Inc.





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