SOURCE: IO News Wire

March 05, 2012 07:31 ET

Unique Pizza (UPZS) Signs LOI for Award Winning Pizza Chain

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire

NEW YORK, NY--(Marketwire - Mar 5, 2012) - Unique Pizza and Subs Corp. (PINKSHEETS: UPZS) has announced that they have signed a Letter of Intent to purchase the Florida based Pizza Fusion chain of pizzerias. Pizza Fusion, an organic and eco-friendly pizza restaurant franchise, has multiple locations in the US and has expanded internationally.

Pizza, a $35 billion a year industry, has been lead by companies like Dominos (NYSE: DPZ) and Papa John's (NASDAQ: PZZA), but with the over 50% of the market filled by smaller chains and independent restaurants like Pizza Inn (NASDAQ: PZZI) and the recession-driven "eating in" trend, pizza businesses have experienced an increase in take-out and delivery sales.

According to a survey completed by Mintel, 93% of Americans eat at least one pizza per month and 21% of 18- to 24-year-olds purchase pizza more than three times per month. Pizza has also proved popular with parents. About 20% of the parents surveyed said that they purchase pizza more than three times per month, compared to 12% of adults with no children.

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

Contact Information