SOURCE: Pizza International, Inc.

March 16, 2007 16:02 ET

REPEAT - Pizza International, Inc. Acquires Pizza.Net

DELRAY BEACH, FL -- (MARKET WIRE) -- March 16, 2007 -- Pizza International, Inc. (PINKSHEETS: PZZL), an acquisitions firm specializing in Internet properties, has acquired Pizza.Net, Inc., a National search engine that allows consumers to find pick-up-and-delivery pizza and restaurants that serve pizza throughout the United States. Pizza.Net was launched in 2003 by husband and wife entrepreneurs, Adam and Julie Reiser.

With the acquisition, Pizza.Net is escalating its incorporation of online ordering and real-time processing for any pizza restaurant that opts to upgrade to the premium program. Other premium features will soon include dedicated web site pages, full menu listings, and e-mail accounts.

Next to burgers, pizza is the second largest restaurant group in dollar volume, and the first in delivery of restaurant prepared foods. "Our mission is to take the $30 billion pizza industry out of old-fashioned phone and face-to-face ordering into the convenience and speed of the Internet," said Pizza International's Chief Executive Officer, Tim Simpson. "This site affords the 62,000 U.S. pizza restaurants an economical avenue for advertising and promotion because the entire site targets people who love pizza. 72% of these restaurants are sole proprietorships, the bulk of which have virtually no ability to provide on-line ordering," Simpson stated.

Co-founder and Pizza.Net, Inc. president, Julie Reiser, commented that the concept balances the service to pizza restaurants with a superb set of advantages for pizza lovers with quick and easy search options now being redeveloped, plus detailed photo menus, instant ordering, advance ordering with delivery or pick-up times specified, credit card payments and access to on-line coupons and special offers. "After all, pizza at your door is an American pastime and burgers don't deliver," said Reiser.

This is the first step in Pizza International's plans to establish targeted Internet communities for families, students and sports enthusiasts. Both companies are located in Delray Beach, Florida.

About Pizza International, Inc. (PZZL.PK) company

Pizza International, Inc. (PINKSHEETS: PZZL) (www.pizzainternational.net) was formed to answer current and future Internet preferences of families with children, couples, single adults, seniors, students, executives and office personnel seeking quality products and services that are easily accessible. Based on the fact that change is escalating, the company focuses on innovations and necessities capable of keeping up with technology and consumer demands. The company mission is to acquire or create unique Internet enterprises that offer but are not limited to the expedited access to entertainment, food, financial services, travel, learning, news and targeted information, and innovative consumer products through e-commerce. They also will provide a community of services that make Internet communication easier and safer. The first two acquisitions have included www.Pizza.Net, the largest Internet pizza search engine soon to incorporate on-line ordering and www.LookItsMeOnTV.com, offering custom photo personalized DVD cartoons that put any child in the picture.

Legal Notice Regarding Statements Including Those That Are Forward Looking

The statements in this press release regarding real or implied expectations with regard to the future impact on the company's results from acquisitions or developed properties are forward-looking statements and are within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in the above document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although every effort has been made not to include statements that involve risk and uncertainties, that may be the case and such statements are subject to change at any time. There are no anticipated results detailed in the above statements, however, actual results may differ materially from expected or implied results.

Contact Information

  • Contact:
    Investor Relations
    Tim Simpson
    1-888-439-1510
    Email Contact

    Pizza International, Inc.
    255 NE 2nd Avenue
    Delray Beach, FL. 33444
    888-439-1510