Message #70 From:
Jason Date: May 29, 2008 07:53:00 AM
UDS Group, Inc. Announces Major Distribution Expansion and Progress on Its Reporting Status
UDS Group, Inc. (PINKSHEETS: UDSG), a leader
in Delivery Management Solutions, announced today that substantial progress
has been made on becoming fully reporting and moving from the Pink Sheets
to the Over the Counter Bulletin Board Exchange. According to Adam F.
Coblin, Chairman and CEO of UDS Group, Inc., "Our auditors have completed
2005, 2006, and will shortly have our 2007 financials completed. Once they
complete 2007 we will start the process to move up to the OTCBB sometime
this summer."
In addition to the progress on becoming fully reporting Coblin added, "We
are also pleased to announce that SUBWAY® and UDS Group, Inc. have agreed
to open California for delivery services through 888-SUB-TO-GO. This will
give UDS Group, Inc. a major west coast state in its efforts to bring
SUBWAY® to all customers via delivery. Also, we will be announcing the
addition of another major east coast market shortly."
Under the agreement, UDS will manage SUBWAY® restaurants' delivery test,
utilizing its single nationwide toll free number 888-SUB-TO-GO for
participating restaurants throughout the United States. This alliance is
aimed to provide SUBWAY® restaurants an opportunity to get a footprint in
a market currently dominated by Pizza and Asian Cuisine which is a $32
Billion Dollar industry to date.
About SUBWAY® Restaurants:
The SUBWAY® restaurant chain is the world's largest submarine sandwich
franchise, with more than 29,000 locations in 86 countries. The SUBWAY®
chain has surpassed McDonald's® number of locations throughout the USA,
Canada, Australia and New Zealand. Headquartered in Milford, Connecticut,
and with regional offices in Amsterdam, Beirut, Brisbane, Miami, and
Singapore, the SUBWAY® restaurant chain was co-founded by Fred DeLuca and
Dr. Peter Buck in 1965. Their partnership marked the beginning of a
remarkable journey -- one that makes it possible for thousands of
individuals to build and succeed in their own business.
The SUBWAY® chain has been named the number one global franchise
opportunity by Entrepreneur magazine in its 2008 franchise ranking.
For more information about the SUBWAY® restaurant chain, visit
www.subway.com.
SUBWAY® is a registered trademark of Doctor's Associates Inc.
About Universal Delivery Group, Inc.
Universal Delivery Solutions, Inc. (PINKSHEETS: UDSG)
www.UniversalDelivery.com is the first Company to provide a 100%, turnkey
delivery platform to the service industry throughout North America
(restaurant, retail, other). The system is designed on both a customer
relation management (CRM) system and a service integrated technology
backbone between customers, call center and the personal industry provider
of choice.
Legal Notice Regarding Forward-Looking Statements
The statements in the press release that relate to the company's
expectations with regard to the future impact on the company's results from
acquisitions or actions in development are forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act of 1995.
The statements in this document may also contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934. Since this
information may contain statements that involve risk and uncertainties and
are subject to change at any time, the company's actual results may differ
materially from expected results.
Contact: UDS Group, Inc.
Ryan F. Coblin
(561) 674-9512