jhv1blz5 wrote: The article validated SOA as an IT architecture paradigm that can be leveraged in many ways. Taking data storage, scalability and application performance to a nifty level using SOA Application Grid infrastructure will no doubt enhance data and application performance on Oracle architecture platforms, it also has the promise of a cost effective and efficient IT delivery model. The very benefits of SOA.
DENVER, CO -- (MARKET WIRE) -- 01/16/08 -- Spicy Pickle(TM) fast casual restaurants (OTCBB: SPKL) today announced the sale of a multi unit restaurant development to a
new franchisee in downtown Los Angeles, California, bringing the total
number of franchises the Company has sold to 113.
A new franchisee has entered into a franchise and development agreement to
open the first Spicy Pickle(TM) restaurants in downtown Los Angeles. The
new franchisee became familiar with Spicy Pickle(TM) through the Company's
public stock and then visited several of the restaurants operating in the
greater Denver area.
Marc Geman, CEO of Spicy Pickle Franchising, Inc., commented: "We are very
pleased to have such a capable franchisee to start our development of the
Los Angeles market. This will complement our 12 restaurant development in
San Diego and help grow the entire Southern California market. We expect to
generate a lot of interest in this large market."
Mr. Geman also noted that the franchisee was an owner of two night clubs in
the development area and very familiar with the neighborhood where the
restaurants will be located, which is bounded by Interstate 10, the 110 and
the 101 and Grand Avenue including the area around the Staples Center and
the Convention Center. Additionally the new franchisee is an instructor at
the California School of Culinary Arts, Le Cordon Bleu Program in Pasadena.
"We are thrilled to have such an accomplished restaurateur pick our concept
for development," said Mr. Geman.
About Spicy Pickle(TM):
Founded in 1999, Spicy Pickle Franchising, Inc. (OTCBB: SPKL) serves high
quality meats and fine artisan breads, baked fresh daily, along with a wide
choice of eight different cheeses, twenty-two different toppings, and
fourteen proprietary spreads to create healthy and delicious panini and sub
sandwiches with flavors from around the world. As a leading "fast-casual"
concept, Spicy Pickle(TM) offers menu items that are far beyond traditional
fast food, but without the price point of casual dining. The hallmark of a
Spicy Pickle(TM) restaurant is quality, service and an enjoyable
atmosphere. The company is headquartered in Denver, Colorado, with
franchise locations now open across 12 states and many more in development
nationwide. For more about Spicy Pickle(TM), including franchise
information and inquiries, visit http://www.spicypickle.com.
Forward-Looking Statements:
Certain statements in this press release, including statements regarding
the number of restaurants we intend to open, are forward-looking
statements. We use words such as "anticipate," "believe," "could,"
"should," "estimate," "expect," "intend," "may," "predict," "project,"
"target," and similar terms and phrases, including references to
assumptions, to identify forward-looking statements. The forward-looking
statements in this press release are based on information available to us
as of the date any such statements are made and we assume no obligation to
update these forward-looking statements. These statements are subject to
risks and uncertainties that could cause actual results to differ
materially from those described in the statements. These risks and
uncertainties include, but are not limited to, the following: factors that
could affect our ability to achieve and manage our planned expansion, such
as the availability of a sufficient number of suitable new restaurant sites
and the availability of qualified franchisees and employees; risks relating
to our expansion into new markets; the risk of food-borne illnesses and
other health concerns about our food products; changes in the availability
and costs of food; changes in consumer preferences, general economic
conditions or consumer discretionary spending; the impact of federal, state
or local government regulations relating to our franchisees and employees,
and the sale of food or alcoholic beverages; the impact of litigation; our
ability to protect our name and logo and other proprietary information; the
potential effects of inclement weather; the effect of competition in the
restaurant industry; and other risk factors described from time to time in
our SEC reports.
COMPANY CONTACT:
Marc Geman
CEO
Spicy Pickle Franchising, Inc.
303-951-2530
Email Contact: Email Contact