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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE -- Ignore unavailable to you. Want to Upgrade?

To: elliot lines who wrote (1648)	5/17/1999 9:56:00 AM
From: yogi bare	Read Replies (1) \| Respond to of 2453

Fellow Fruzers!!! Big announcement from YF about expansion in Germany and Europe. yogi.... May 17, 1999 09:39 FULL TEXT-Yogen Fruz to add German stores (Full text of press release from BCE Emergis E-News) YOGEN FRUZ TO ADD 500 NEW LOCATIONS IN GERMANY Yogen Fruz World-Wide Incorporated (TSE: YF.A) a world leader in the frozen dessert and novelty market, today announced that it has signed an agreement for development and master franchise with Sonnenhof Nahrungsmittel G.m.b.H. to open 500 locations in Germany during the next three years. Yogen Fruz now has development and master franchise agreements in more than 80 countries. Sonnenhof Nahrungsmittel G.m.b.H., one of Germany's leading wholesale distributors of dry, chilled and frozen food products, will be responsible for developing the Yogen Fruz brand throughout the country. "With the signing of this agreement, Yogen Fruz not only strengthens its position significantly in Germany, but also establishes a foundation from which to aggressively pursue other opportunities in Europe," said Michael Serruya, Co-President and Co-CEO of Yogen Fruz. "Our international growth strategy will be solidly advanced through this agreement." As of August 31, 1998, Yogen Fruz had approximately 4,900 locations, through company owned, franchised and non-traditional partnership locations in 82 countries. The Company operates a Family of Brands including Yogen Fruz, I Can't Believe It's Yogurt, Bresler's Ice Cream and Premium Frozen Yogurt, Swensen's Ice Cream, Steve's Ice Cream, Golden Swirl, Paradise, Ice Cream Churn and Java Coast Fine Coffees. The Company also directly, and through its subsidiary Integrated Brands, markets, sells and distributes Tropicana frozen fruit juice bars and frozen dessert products, as well as a variety of frozen novelties and frozen dessert products under the Betty Crocker, Trix, Yoplait, Colombo, Lucky Charms and Yoo Hoo brand names, pursuant to long-term license agreements. - 30 - For further information, contact: Michael Serruya/Richard E. Smith W. Daniel Mothersill Co-Chairman, Co-President and Co-CEO Managing Partner Yogen Fruz World-Wide Incorporated Ciris International Inc. Tel: 905-479-8762/516-737-9700 Tel: 416-368-8770 Fax: 905-479-5235/516-737-9792 Fax: 416-368-5122 For related news, double click on one of the following codes: [ISD] [CA] [LEN] [YFa.TO]