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Quality Restaurant Ventures to Launch Public Information Campaign

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casunboy   Thursday, 07/07/05 09:08:05 PM
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Quality Restaurant Ventures to Launch Public Information Campaign
Thursday July 7, 9:53 am ET

HEATHROW, Fla., July 7 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures (OTC Pink Sheets: QRVI - News) announced today that the company is initiating a broad-based investor relations campaign. The program is designed to clarify recent changes in corporate structure, enhance investor relations, attract new capital investment for additional brand acquisitions, and expand the company's current holdings with Sobiks Sub Shops, Westshore Pizza and Uncle Al's Hot Dogs' Famous Food Group (OTC Pink Sheets: FFDG - News).

"Every company goes through phases of re-adjustment as we now see happening with many major corporations," explained COO Dan Patterson. "Recently our management team also decided to made several key changes to our corporate structure to streamline operations and better prepare QRVI to compete in the changing franchise industry."

The investor relations program will be directed to investment counselors, financial institutions and the restaurant industry, as well as current and potential shareholders. A variety of activities including trade advertising, press articles, web casts and corporate presentations are planned. In addition to initiating the investor relations program, Quality is re-vamping its franchise expansion team and is currently in discussion with several potential new brand affiliations.

About Quality Restaurant Ventures

Quality Restaurant Ventures Inc., along with its affiliate Ultimate Franchise Systems Inc. (OTC Pink Sheets: UFSM - News), identifies and prepares smaller regional restaurant concepts with high growth potential for transition to franchise opportunities. Ultimate Franchise Systems, Inc. has investments in 12 restaurant concepts totaling approximately 600 franchised restaurants throughout the United States.

This 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. Ultimate Franchise Systems Inc., Obee's Franchise Systems Inc. and Quality Restaurant Ventures Inc. assume 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.

CONTACT: Dan Patterson, Quality Restaurant Ventures Inc., 407-333-8587


Source: Quality Restaurant Ventures Inc.

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