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Baron International Completes Several Uno Chicago Grill Restaurants for Pepsi Corporate
Date : 05/20/2008 @ 2:25PM
Source : MarketWire
Stock : BIH Corporation (BIHC)
Quote : 0.032 0.002 (6.67%) @ 2:43PM
Baron International Completes Several Uno Chicago Grill Restaurants for Pepsi Corporate
WEST ORANGE, NJ , today announced that it has just completed three additional Uno Chicago Grill Restaurants for Pepsi Corporate in Washington, DC, Virginia and Massachusetts.
Baron International has been providing all specialty beverage systems for all the Uno Chicago Grill locations nationally for the last five years and has been supplying Pepsi Corporate with specialty beverage services on a national basis for the last sixteen years.
Uno Chicago Grill currently operates 217 restaurants nationally, with Pepsi Corporate as their beverage supplier and with Baron International's Beverage Division handling all ongoing upgrades at existing locations and installations of all new locations for Pepsi Corporate.
With all current beverage system upgrades at existing locations and additional new locations being built, this single contract represents upwards of several million dollars towards Baron's revenue stream.
This press release does not constitute an offer of any securities for sale.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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