SOURCE: American Kiosk Corporation

December 29, 2006 13:37 ET

Zero's Subs (see ZEROS.COM), a Subsidiary of American Kiosk Corporation, Announces the Opening of a New Restaurant in Foothill Ranch, CA

VIRGINIA BEACH, VA -- (MARKET WIRE) -- December 29, 2006 -- American Kiosk Corporation (PINKSHEETS: AKIS) announces that its wholly owned subsidiary, Zero's Mr. Submarine, Inc., and their franchisee, Fibrian Kusuma, opened a new Zero's Subs in Southern California at 45 Auto Center Dr., Suite 112, Foothill Ranch, CA 92610 on December 28, 2006. This is the first Zero's Subs franchise to open in California.

Martin Palacios, President of American Kiosk Corporation and Zero's Mr. Submarine, Inc., states, "We are very pleased that Fibrian chose to become a Zero's Subs franchisee and we look forward to a long and successful business relationship with him. Zero's is currently in the process of opening several more locations in California over the next few months. One of the Company's major expansion goals was to enter the California market and this is our first step toward that goal. In August of this year, Zero's opened a Southern California corporate office in order to ensure quality support for our California franchisees."

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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