PITTSBURGH, PA / ACCESSWIRE / January 21, 2016 / Unique Pizza and Subs Corporation (PINKSHEETS: UPZS), a Delaware Corporation, is pleased to announce it has acquired the Deerfield Beach, FL based company, PopsyCakes Distributing LLC, the first and "Original Cupcake on a Pretzel Stick." According to the agreement, Unique Pizza & Subs Corp. has purchased 100% of the outstanding ownership and liabilities as well as all of the intellectual properties, copyrights and trademarks of the Florida based PopsyCakes Distributing LLC. PopsyCakes generates revenue through: mail order, airports gift shops, direct sales, candy stores, restaurants, Bar Mitzvahs (certified Kosher product), birthday parties, high end retail, whole sale, food brokers, corporate sales, wedding & party favors and fundraisers.
James Vowler, President & CEO of Unique Pizza and Subs Corporation, said, "The opportunity to acquire PopsyCakes was brought to me in November, I tried the product and received a thorough understanding of the company. It didn't take long to realize it would be a perfect complement to our salsa company, Jose Madrid Salsa. PopsyCakes are sold and distributed using very comparable source outlets as the Salsa is, corporate sales, restaurants, fundraisers, high end retail, direct mail and will be a great new revenue source. We will add the PopsyCakes to all of our Jose Madrid Salsa booths, where we currently reach over 2 million potential customers annually at the numerous trade shows and corporate events that we attend. We will now be able to feature a very high end complimentarily item at these booths marketed at the same price point as our salsa.”
"After serving thousands of customers, we are pleased to have Unique Pizza & Subs carry the legacy of our gourmet line of products to a whole new group of consumers that demand quality. It's a natural fit for consumers who after a delicious pizza meal would want an epicurean dessert," stated Craig Edelman, who served as President of the PopsyCakes Company for the last 4 years and has agreed to sell the Company. He further adds, "Jim has proven to me that he is expert in food service as well as an outstanding entrepreneur, so I am sure with his leadership that our PopsyCakes will come to be loved by the millions of consumers he can reach."
History of PopsyCakes
The PopsyCakes Company was founded by Jessica Cervantes when she decided to create an innovative cupcake on an edible stick in 2006 at the age of 16. Ever since her grandmother taught her how to bake, Jessica has loved measuring and tasting different ingredients - and mixing them up to see how her culinary creations would turn out. But it wasn't until Jessica became a part of the International Business and Finance Academy at John A. Ferguson Senior High school, that baking and business came together in a brand new recipe for success.
The budding baker/entrepreneur, who immigrated to the U.S. from Cuba as a child, competed against 25,000 business students across the country and won first place in the Network for Teaching Entrepreneurship (NFTE.com) National business plan, a competition which was held on October 23, 2008 in New York City. Her innovative creation has caused a great buzz across the United States.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward- looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions. There are no financials in this press release so this is not needed and undermines the release.
SOURCE: Unique Pizza and Subs Corporation