Ultimate Franchise Systems, Inc. Announces Signing of New Franchise Agreement for New York Burrito HEATHROW, Fla., June 23 /PRNewswire-FirstCall/ -- Ultimate Franchise Systems, Inc. (OTC:UFSY) (BULLETIN BOARD: UFSY) , a franchise management and venture company, announced today the signing of a new Franchise Agreement to open up a New York Burrito in the State of Washington. New York Burrito is a gourmet wrap and Tex-Mex concept positioned to take advantage of one of the fastest growing segments in the restaurant industry. Ultimate will be focusing on the growth of New York Burrito in the Florida market through targeting multi-unit operators and area developers. Website: http://www.newyorkburrito.com/ Christopher M. Swartz, CEO of Ultimate Franchise, stated, "We feel that we have the New York Burrito concept repositioned and the operations streamlined to where we are now committed to grow the brand. We feel that the Florida market has the best demographics compounded with our significant presence and ownership of six other brands with units in the Florida market that this is the right time and place to build out the concept. New York Burrito currently has 35 stores operating and we have plans to expand to over 100 units in the next four 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) . For more information, please contact: Christopher Swartz at 407-333-8998. 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, +1-407-333-8998 Web site: http://www.ufsi.net/ http://www.newyorkburrito.com/

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