Donini Announces Status of Key Executive Search
09 Septiembre 2009 - 8:00AM
Marketwired
Peter Deros, President and CEO of Donini, Inc. (PINKSHEETS: DNNC),
announced today that he has narrowed the Company's search for a new
CEO and President of its operating subsidiary, Pizzacorp DTC
Franchises Inc., and is in final discussions with a highly
qualified, experienced operator with a proven track record in the
pizza field.
Mr. Deros added that this appointment is key to the Company's
plans for expanding its operations in the Greater Montreal area in
the province of Quebec, the rest of Canada and into the United
States and to raising capital funds. "We have been searching for
the right person for over three months and are very close to
finalizing the appointment within the next month. Details will be
announced as soon as available," stated Mr. Deros.
Donini is one of Montreal's most popular pizza names and has
been in operation for over twenty years. Mr. Deros noted, "People
love the taste of our pizza and we hope to enter our expansion
phase by the end of 2009."
About Donini, Inc.
Donini, Inc., a New Jersey Corporation, was established in 2001
when the company acquired control by way of a reverse merger of
Pizza Donini, a Canadian company that has been operating and
licensing Italian style restaurants specializing in pizza and
related products within the Greater Montreal Area in the province
of Quebec for over 20 years. The Company has recently completed a
consolidation of its operations by establishing two Subsidiaries,
Donini Group Inc. and Pizzacorp DTC Franchises Inc., whose purposes
are respectively, to hold and control the intellectual property of
the Company and to license the trademarks and oversee the licensed
franchisees of the marks. The Company plans to expand its
operations into the United States and the rest of Canada.
Safe Harbor Statement
Certain statements in this press release that are not historical
facts are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements
may be identified by the use of words such as "anticipate,"
"believe," "expect," "future," "may," "will," "would," "should,"
"plan," "projected," "intend," and similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of Pizza Donini, Inc. (the Company) to
be materially different from those expressed or implied by such
forward-looking statements. The Company's future operating results
are dependent upon many factors, including but not limited to the
Company's ability to: (i) obtain sufficient capital or strategic
business arrangement to fund expansion plans; (ii) build
management, human resources and infrastructure necessary to support
growth; (iii) competitive factors and developments beyond the
Company's control; and (iv) other risk factors.
Media Contact: Peter Deros Donini, Inc. Phone: 514-956-0005 ext
2 pderos@pizzadonini.com
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