OBDP Orbit Drop Inc (CE)

Orbit Drop, Inc. (Pink Sheets: OBDP), a franchisor of retail eBay drop-off stores, announced today that it has approved franchise applications from over 70 individuals. The company has also sent more than 200 applications to prospects. For approval, a prospect must submit a completed franchise application, have the necessary capital, be capable of opening and operating an Orbit Drop store and have received the franchise offering circular. Approved applicants who choose to move forward usually take anywhere from 60 to 90 days to sign and become Orbit Drop franchisees. Orbit Drop is meticulous in reviewing all applications. "We want the people who are most capable of running a successful business. Our goals are for the long haul," said Dain Turner, Vice President of Franchising for Orbit Drop, Inc., "It is essential for us to build a relationship and high level of trust with any given prospect before granting a franchise, because our success depends on the success of our franchisees." In other news, Orbit Drop's franchise agreement has been approved for the state of Rhode Island. The registration of the franchise offering became effective on June 28, 2005 and negotiations with prospects have already begun. About Orbit Drop: Orbit Drop, Inc. is a franchisor of retail eBay (NASDAQ: EBAY) drop-off stores. Orbit Drop franchise locations offer an easy and convenient way to sell items online. The concept is a store where people come to make money, not spend it. Orbit Drop stores handle the entire selling process whether it is one or many items, a small piece of jewelry, a car or a house. The talented and trained staff in each store know exactly how and when to list items to achieve the best sales price. A customer provides Orbit Drop with an item; Orbit Drop researches the value, cleans, takes several photos, lists on eBay, answers buyer questions, processes payment, packs and ships the item then mails a check to the seller. For more information about Orbit Drop, Inc. (Pink Sheets: OBDP) visit www.orbitdrop.com. Matters discussed in this press release are "forward-looking" statements. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. The information provided on this release should not be construed as an offer of a franchise. Offers of franchises may only be made by delivery of a franchise offering circular (prospectus), and in certain states the offering circular must first have been registered with a state agency that regulates the offers and sales of franchises. The franchise is presently not being offered in the following states: California, Illinois, Maryland, Minnesota, New York or Virginia.