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P.D.C. Innovative Industries, Inc. Looks to Grow by 150%
TAMPA, Fla., Aug 31, 2004 (BUSINESS WIRE) --
Jim Cheatham, CEO of P.D.C. Innovative Industries, Inc. ("PDC" or the "Company") (OTCBB:PDCN) announced today that the Company is in the final stages of negotiations with a prospective franchise owner for three (3) restaurants to be located in the Florida market.

"The prospective franchisee is an individual with significant management and business background," states Mr. Cheatham. "The restaurants will be located in Central Florida. Assuming a successful completion of these negotiations, the Company will receive $75,000 in franchise fees and an ongoing royalty of 4 percent of revenues from the restaurants. The royalty income stream is anticipated to generate in excess of $600,000 in revenues for the Company over the term of the franchise."

About Ragin' Ribs

PDC's recent acquisition of Ragin' Ribs has placed the company at the beginning of a rapid growth cycle. A hot, new "Fast Casual" franchise, Ragin' Ribs, http://www.raginribs.com , is at the forefront of the fastest growing segment of the food industry, that being fast casual. Ragin' Ribs is an innovator in the exploding market of Home Delivery of quality meals. The Company's franchise system is professionally designed and meets all regulatory requirements. The franchise economic model targets for low investment cost and high returns. There is a strong management team in place with over 150-years experience in franchising and food service.

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.

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

For P.D.C. Innovative Industries, Inc., Tampa
Hawkins & Associates
Gregory Hawkins, 813-854-3228
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