UFood Restaurant Group Awarded Contract to Build and Operate a Third Unit at Aberdeen Proving Ground in Maryland
BOSTON, MA--(Marketwire - May 16, 2011) - UFood Restaurant Group Inc. (OTCBB: UFFC) announced today that the Army and Air Force Exchange Service (AAFES) has awarded the company a contract to build and operate a third UFood Grill unit at Aberdeen Proving Ground (APG) in Maryland.
The company has already been awarded a contract to build and operate two additional UFood Grill units at Aberdeen. The restaurants are projected to open in summer 2011.
"With the national dialogue focused on both nutrition and the well-being of our military men and women, we are very pleased to be able to bring our delicious and nutritious food to Aberdeen," said UFood CEO George Naddaff. "This is an exciting opportunity for us to expand into the military channel and we look forward to opening these new units later this summer."
UFood Grill is committed to offering consumers food that is both delicious and nutritious, with a wide-ranging menu that includes lean burgers, rice bowls, salads, wraps and smoothies. The company currently has eight locations in Boston, Dallas and Cleveland, including three airports (Logan Airport [2 units], Dallas Ft. Worth International Airport, Cleveland Hopkins International Airport), urban areas and Parkland Memorial Hospital in Dallas.
About UFood Restaurant Group, Inc.
Headquartered in Boston, Mass., UFood Restaurant Group, Inc. is a franchisor and operator of fast-casual food service restaurants. UFood Grill offers a healthy lifestyle alternative to consumers in the fast-casual restaurant space and is positioned to become a leading player in the "better-for-you" quick-serve restaurant category. The Company is led by franchise innovator George Naddaff, who founded Boston Market and led the franchising of several companies including Sylvan Learning Center and VR Business Brokers. Mr. Naddaff has assembled a veteran management team with a successful record in the franchise market. UFood is currently launching a growth plan to franchise nationwide. To learn more, visit www.ufoodgrill.com
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving known and unknown risks, delays, and uncertainties that may cause our actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks, delays, and uncertainties include, but are not limited to: risks associated with the uncertainty of future financial results, our reliance on our sole supplier, the limited diversification of our product offerings, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.