SOURCE: Donini, Inc.

February 01, 2010 09:30 ET

Donini Inc. to Expand Through Acquisition

MONTREAL--(Marketwire - February 1, 2010) - Peter Deros, President of Donini, Inc. (PINKSHEETS: DNNC), announced today that the Company continues to refine its plans for expansion and will be reviewing the acquisition options as well as growing the current business in the United States in the next month. Mr. Deros explained that Donini will be concentrating only on its core business of the food industry.

Mr. Deros stated, "I believe that the best opportunities for growing the Company is through acquiring businesses that have a symbiotic relationship with the pizza and food service business to maximize revenue and profits. By adding businesses that are part of the industry, the Company will be able to gain economies of scale in the operations and offer additional items to its customers." He concluded by stating that Donini has identified several candidates and expects to enter into an agreement this quarter.

The Company's current business plans are being finalized for the receipt of the first tranche of funding which will be devoted to the planned upgrade of existing facilities.

About Donini, Inc.

Donini, Inc., a New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadian company that has been operating and licensing Italian style restaurants specializing in pizza and related products within the Greater Montreal Area in the province of Quebec for over 20 years. The Company has recently completed a consolidation of its operations by establishing two Canadian Subsidiaries, Donini Group Inc. and Pizzacorp DTC Franchises Inc., whose purposes are; respectively, to hold and control the intellectual property of the Company and to license the trademarks and oversee the licensed franchisees of the marks. The Company plans to expand its operations into the United States and the rest of Canada.

Safe Harbor Statement

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Donini, Inc., (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or strategic business arrangement to fund expansion plans; (ii) build management, human resources and infrastructure necessary to support growth; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

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