Obee's Announces Additional Growth in California HEATHROW, Fla., June 24 /PRNewswire-FirstCall/ -- Ultimate Franchise Systems, Inc. (OTC:UFSY) (BULLETIN BOARD: UFSY) , a franchise management and venture company, announced today that it's newly acquired Obee's soup-salad-subs(R) brand has signed three new Franchise Agreements in California. Obee's which has Area Development Agreements in Orange and South Los Angeles Counties in California has commitments to open 250 units in these markets. Christopher M. Swartz, CEO of Ultimate Franchise Systems stated: "We are very excited about these three new signings as it further grows Obee's in the southern California market and will continue to help our Area Developers reach their commitment for 250 units. Ultimate believed that Obee's would be a fantastic growth vehicle and we are pleased to see it continue to meet our expectations." Obee's focuses on high-quality soups, salads and subs with an emphasis on fresh-sliced meats and cheeses. They presently have 65 sandwich shops with 73 more under development. Additionally, through Area Development Agreements, Obee's has signed commitments to open an additional 1,000 stores over the next ten years. Ultimate Franchise Systems, Inc. (OTC:UFSY) (BULLETIN BOARD: UFSY) currently has investments in approximately 589 franchised restaurants and 40 weight loss clinics in 30 states throughout the United States. These brands include Gator's Dockside Restaurants, Jreck Subs, Inc., Central Park Hamburgers, Li'l Dino's Deli and Grille, Sobik's Subs. (OTC Pink Sheets: QRVI) Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG), Flamers Hamburgers, Westshore Pizza, Obee's Subs, New York Burrito and Beverly Hills Weight Loss (OTC:WLFI) (BULLETIN BOARD: WLFI) . This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Ultimate Franchise Systems, Inc. and Quality Restaurant Ventures, Inc., assume no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies. DATASOURCE: Ultimate Franchise Systems, Inc. CONTACT: Christopher Swartz of Ultimate Franchise Systems, Inc., +1-407-333-8998 Web site: http://www.ufsi.net/

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