SOURCE: Unique Pizza & Subs Corp.
PITTSBURGH, PA--(Marketwire - Aug 31, 2012) - Unique Pizza and Subs Corporation (PINKSHEETS: UPZS) today reported both Unique Pizza and Subs and Pizza Fusion were ranked in the inaugural "Top 100 Movers and Shakers" by PizzaMarketplace.com -- "a ranking of the top concepts, leaders and trends in the $38 billion pizza segment." The Company yesterday announced it had signed a Definitive Agreement to acquire privately held Pizza Fusion Holdings, with closing expected by the end of the third calendar quarter.
Out of the nearly 70,000 pizzerias in the U.S., PizzaMarketplace.com ranked Pizza Fusion -- with its 75 percent organic menu and eco-friendly franchise concept -- number 19 nationally. Unique Pizza and Subs -- with its superior quality offering and innovative capital efficient 'rebranding mom & pop pizzeria' business model -- was ranked 52nd.
According to the PizzaMarketplace.com article, "For this report, our 16-person advisory panel ranked the top 70 concepts, considering menu and technology innovations, personnel movements, sales, franchising and growth, marketing initiatives and more. The original list began with more than 250 brands."
Commenting on the accolades bestowed upon both companies, James Vowler, Unique Pizza and Subs President & CEO, said, "It is an honor for both companies to be recognized by the esteemed 16-member panel at PizzaMarketplace.com, a highly regarded industry leading media publication.
"Having both of our pizza brands recognized as Top 100 industry leaders is an important validation of both businesses as entrepreneurial industry pioneers, and it highlights our commitment to a superior product quality and industry leading differentiators."
Pizza Fusion Co-founder and CEO Vaughan Lazar, said, "We are gratified by the positive industry recognition of our achievement and industry leadership. The timing of these awards, virtually simultaneous with our announcement of our business combination with Unique Pizza, is an auspicious affirmation of the value we are creating."
The entire article is available at: http://www.pizzamarketplace.com/article/194679/PizzaMarketplace-launches-Top-100-Movers-Shakers?rc_id=536.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.