SOURCE: American Kiosk Corporation

December 07, 2006 15:13 ET

Zero's Subs (See ZEROS.COM), a Subsidiary of American Kiosk Corporation, Announces the Opening of a New Restaurant in Boiling Springs, NC

VIRGINIA BEACH, VA -- (MARKET WIRE) -- December 7, 2006 -- American Kiosk Corporation (PINKSHEETS: AKIS) is pleased to announce that its wholly owned subsidiary, Zero's Mr. Submarine, Inc., and their territory owner and franchisee, Tom Bell (Collegiate and Sports Hospitality Group, LLC), are opening a new Zero's Subs location in Boiling Springs, North Carolina this week. The store's location is positioned very close to the campus of Gardner-Webb University and marks the start of a new concept and marketing campaign.

Tom Bell states, "Our plan is to search for locations/franchises in under served cities in NC, SC and GA where there are colleges, universities, technical and community colleges. Our stores are designed with wifi and TVs in an effort to blend in with local communities without tampering with 'core values' of the food that Zero's serves. We have developed our own coffee brand and will have a limited breakfast menu. Our stores will be open later to serve the college students and to give students a place to gather. The Gardner-Webb University School of Business did a marketing survey to determine what college students where looking for in food services. In fact the Boiling Springs store will become the second home to the Dawg Pound -- the student support group for Gardner-Webb athletics."

Martin Palacios, President of American Kiosk Corporation and Zero's Mr. Submarine, Inc., states, "We are excited about this new concept developed by Tom Bell because it still allows us to develop Zero's Subs as a brand, while blending in with the local community that it serves. As a territory owner and franchisee, Tom has been a tremendous asset to Zero's and we look forward to working with him on this exciting new concept."

Zero's Mr. Submarine, Inc. is a franchisor of quick service restaurants featuring "Hot Oven-Baked" sandwiches and pizza. Zero's has been in business since 1967, starting in Virginia Beach, VA. Zero's Mr. Submarine, Inc. began franchising the original restaurant concept in 1994. Currently, Zero's has over 70 restaurants worldwide in the chain.

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and that undue reliance should not be placed on such statements. Forward-looking statements speak only as of the dates on which they were made. The Company undertakes no obligation to publicly update or revise any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise unless required to do so by the securities laws.

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