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ARAMARK Chosen to Provide Food Services at St. Louis Public Schools.


Business Editors

PHILADELPHIA--(BUSINESS WIRE)--March 11, 2004

ARAMARK (NYSE NYSE

See: New York Stock Exchange
:RMK RMK Remark (Weather METAR)
RMK Rocky Mountain King (Polaris Snowmobiles)
RMK Remarks
RMK Resource Manager Kernel
) has been chosen to manage the food service program for the 38,500 students at St. Louis Public Schools St. Louis Public Schools (SLPS) is the school district that operates public schools in the City of St. Louis, Missouri, United States. With a 2005 enrollment of approximately 33,000 students it is the largest public school district in the state of Missouri.  (SLPS SLPS St. Louis Public Schools (St Louis, Missouri)
SLPS Si Ling Primary School (Singapore)
SLPS School of Leadership and Professional Studies
SLPS State and Local Programs and Support Directorate
) in Missouri.

Responding quickly to the needs of the district, ARAMARK received a 5-0 approval vote from the SLPS Board on February 26 and worked with administration and current food service employees to begin operations March 1, 2004.

The contract covers the remainder of the school year, and offers four one-year renewal options for food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and  and catering for the district. Annual sales are estimated at $17.5 million.

"Our students and the school district will both benefit from our partnership with ARAMARK," said Manual Silva, Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 for St. Louis Public Schools. "More students will be eating nutritious meals, and the district will have all the advantages of working with a world-class food service provider."

"We're very pleased about this new partnership, and we're excited to demonstrate our capabilities to the St. Louis community," said Jeff Wheatley, President, ARAMARK School Support Services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . "ARAMARK has a proven track record of building meal participation through award-winning menu options and compelling marketing programs, while helping districts manage costs."

Menu items, marketing, nutrition education and training programs will be developed over the summer months and introduced to students returning in the Fall.

SLPS students will benefit from the introduction of One World Cafe One World Everybody Eats is a cafe and nonprofit community kitchen based in Salt Lake City, Utah. Its motto is "a hand up, not a hand out." The community kitchen concept is similar to that of a soup kitchen, but incorporates volunteer and common-effort aspects closer to those of a (R), ARAMARK's award-winning school dining concept that offers updated menu offerings based on extensive student preference surveys in a vibrant, more consumer-savvy environment.

ARAMARK's commitment to nutrition education is well-known. To help educate younger students on healthy eating habits and exercise, ARAMARK will call on its nutrition mascot "Spike(TM)," who delivers his "Eat Right!" message to half a million students around the country every year.

ARAMARK provides a wide range of food, facility and other support services to more than 400 school districts nationwide, serving nearly 300 million meals yearly to students in grades K-12.

ARAMARK Corporation is a world leader in providing award-winning food and facilities management services to health care institutions, universities and schools, stadiums and arenas, international and domestic corporations, as well as providing uniform and career apparel. ARAMARK was named one of "America's Most Admired Companies A yearly publication by Fortune Magazine, America's Most Admired Companies consists of corporations that are highly esteemed by the likes of Business Executives, Directors, and Analysts. A survey is taken of close to 3300 professionals who give their opinions on the companies. " by FORTUNE magazine in 2004, consistently ranking since 1998 as one of the top three most admired companies in its industry as evaluated by peers. Headquartered in Philadelphia, ARAMARK has approximately 200,000 employees serving clients in 18 countries.

Forward-Looking Statements

The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 provides a safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 from civil litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 for forward-looking statements that reflect our current views as to future events and financial performance with respect to our operations. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They use words such as "aim," "anticipate," "estimate," "expect," "will be," "will continue," "will likely result," "project," "intend," "plan," "believe" and other words and terms of similar meaning in conjunction with a discussion of future operating or financial performance.

Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors (many of which are beyond our control) that could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements. The forward-looking statements regarding such matters are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances.

Factors that might cause such a difference include: unfavorable economic conditions, including ramifications ramifications nplAuswirkungen pl  of the September 11th terrorist attacks and other terrorist attacks, increased operating costs, shortages of qualified personnel and other factors leading to increased labor costs, costly compliance with governmental regulations, currency risks and other risks associated with international markets, risks associated with acquisitions, including our ability to integrate and derive the expected benefits from our acquisition of ServiceMaster Management Services and other acquisitions, competition, decline in attendance at client facilities, unpredictability of sales and expenses due to contract terms, significant leverage, claims relating to the provision of food services, liability associated with non-compliance with governmental regulations, including regulations pertaining to food services, the environment and childcare service, seasonality and adverse publicity concerning incidents at childcare centers.

For further information regarding risks and uncertainties associated with ARAMARK's business, please refer to the "Management's Discussion and Analysis Management's discussion and analysis (MD&A)

A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial
 of Results of Operations and Financial Condition" and "Risk Factors" sections of ARAMARK's SEC filings, including, but not limited to, its annual report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 and quarterly reports on Form 10-Q, copies of which may be obtained by contacting ARAMARK's investor relations department at www.aramark.com.

Forward-looking statements speak only as of the date made. We undertake no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date as of which they are made. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on the forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, us.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 11, 2004
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