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To: Craig K who wrote (207)	2/25/1999 3:23:00 PM
From: HandsOn	Read Replies (1) \| Respond to of 13776

Go to Yahoo thread.

To: Craig K who wrote (207)	2/25/1999 3:29:00 PM
From: Kimberly Lee	Respond to of 13776

Gourmet's Choice Signs Franchise Development Contract With Francorp [.23295] (Out on my Bloomberg Box, 2:30pm /FROM PR NEWSWIRE DALLAS 888-776-3971/ TO BUSINESS EDITOR: Gourmet's Choice Signs Franchise Development Contract With Francorp NEW YORK, Feb. 25 /PRNewswire/ -- Gourmet's Choice Coffee Co., Inc. (OTC Bulletin Board: GMCH) today announced that it has signed a contract with Francorp to develop its Gourmet's Choice Coffee Shop franchise program. Francorp will provide concept development, marketing strategies, media planning and sales training for the Gourmet's Choice franchise program. Francorp is the country's leading franchise development company and has provided a wide variety of franchise services including total franchise development programs, feasibility studies and international consulting services for companies such as Atlantic Richfield, Ryder Truck Rentals, La Salsa, Nathan's Famous Hot Dogs, Popeye's Fried Chicken, Taco del Sol, Tastee Freeze, Holiday Inns, Sterling Optical, Eyeglass Emporium, Brigham's, Pizzeria Uno and The Sports Store. In addition, Francorp helped Krystal, a chain of hamburger restaurants, to develop a franchise program that led Krystal in its second full year of franchising to become the nation's fastest growing franchised restaurant chain. Franchising now accounts for an estimated 40% of all retail sales in the United States. The Nasibitt Group has predicted that by the year 2000, franchising will account for half of all retail sales. James Tilton, president of GMCH, stated "We believe our relationship with Francorp is a major milestone for Gourmet's Choice. The credibility, knowledge and skills of Francorp in the franchise arena will propel Gourmet's Choice Coffee Shops at an even more rapid pace than we originally projected. We always envisioned putting the Coffee Shops on the fast track. With Francorp's help we now have the potential to quite quickly become one of the best franchise programs in the country." Gourmet's Choice Coffee Co., Inc. is a U. S. holding company whose strategy is the acquisition of both domestic and international beverage companies that compliment its existing business, distribution and product lines. For further information contact investor relations at 800-641-5844 or visit the company's website www.gmch.net. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Gourmet's Choice to accomplish its stated plan of business. Although Gourmet's Choice believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Gourmet's Choice or any other person that the objectives and plans of Gourmet's Choice will be achieved. SOURCE Gourmet's Choice Coffee Co., Inc. /CONTACT: Investor Relations of Gourmet's Choice Coffee Co., Inc.,800-641-5844/ /Web site: gmch.net Feb-25-1999 11:51 GMT Symbols: US;GMCH Source PRN PR NewsWire Categories: NWR/NY NWI/FOD NWI/REA NWS/CON