UFood Restaurant Group Begins Construction on First Aberdeen Proving Ground Military Base Location
BOSTON, MA--(Marketwire - Jan 9, 2012) - UFood Restaurant Group, Inc. (OTCBB: UFFC) announced today that the company has begun construction on the first of three locations to open at Aberdeen Proving Ground in Maryland.
Located in Building 6010, the 1770 square foot restaurant is expected to open in 60 to 90 days. UFood Restaurant Group was awarded a contract by the Army and Air Force Exchange Service (AAFES) to build and operate three UFood Grill units at Aberdeen Proving Ground.
"This is an exciting moment for our company as we prepare to enter into the military channel," said UFood CEO George Naddaff. "We believe that our better-for-you quick-service concept will provide an excellent foodservice solution to the busy, health-conscious men and women who work at Aberdeen."
"UFood Grill is a terrific addition for the troops and their families at Aberdeen. UFood offers a healthy and convenient option for the Aberdeen community which will enhance the quality of life for everyone affiliated with the base. Healthy food options play an important part in maintaining a ready and effective force," said Kevin Wensing, a retired Navy Captain and partner in MBUF, LLC/Dark Horse Capital Partners, a private investment group of military veterans which signed a joint venture with UFood Restaurant Group to focus on the expansion of the UFood Grill concept on U.S. military installations around the world.
The place where "delicious meets nutritious," UFood Grill is committed to offering consumers food that tastes great, is lower in calories and fat and, wherever possible, serves meals that are antibiotic and hormone-free, gluten-free as well as natural, grass-fed beef and cage-free eggs. UFood boasts a wide-ranging menu that includes lean burgers, rice bowls, salads, wraps, paninis and smoothies.
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.
UFood Restaurant Group, Inc.
Charles A. Cocotas, COO