BGR Corp. Acquires Fathom Business Systems.Business Editors SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 13, 2003 BGR BGR Bundesanstalt für Geowissenschaften und Rohstoffe (in Federal Republic of Germany) BGR Bulgaria (ISO Country code) BGR Blue Green Red (uncommon variant of RGB) Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: BGRR BGRR Brookhaven Graphite Research Reactor ) announced today its acquisition of Fathom Business Systems for 750,000 shares of the corporation's restricted common stock. In addition to the acquisition, James M. Medeiros, president of Fathom Business Systems, was appointed to the board of directors and will continue to operate Fathom. Fathom Business Systems is a company specializing in restaurant "Point-of-Sale" equipment. This is a great acquisition for BGR because it allows the company to fit all its new stores, both corporate and franchise, with up-to-date equipment and keep a close reign on the numbers. Fathom's equipment is used by a large number of restaurants, both individual and chains. Fathom generates additional revenue by providing its customers with the supplies and services needed for the equipment. Since inception in 2000, Fathom has steadily increased its volume, and in the next three years sales are expected to total nearly 3 million with profits more than half a million. Medeiros has more than 25 years operational experience in the restaurant industry. He has worked in many capacities including general manager, bar manager, and corporate trainer A corporate trainer is a specialized skill development position in a corporation where the goal is to help improve the "soft skills" or "people skills" of the workers in the corporation. for restaurant chains The following is a list of restaurant chains. See also: Fast-food restaurant, Casual dining, List of reference tables. International
Jerry Brown For the whistleblower, see . Edmund Gerald "Jerry" Brown, Jr. (born April 7, 1938), is the Attorney General for the state of California. Brown has had a lengthy political career spanning terms on the Los Angeles Community College Board of Trustees (1969-1971), as California , chief executive officer of BGR Corp., was pleased with the acquisition and was quoted as saying, "The acquisition of Fathom Business Systems is crucial to the operation BGR is currently building. It is vital that each BGR franchisee has a truly turnkey experience." It is the intention of BGR Corp. to acquire new innovative fast-casual restaurant concepts, develop them into a profitable working design, and franchise them across the country. BGR Corp. is developing a team that has extensive experience in the industry in relation to professional restaurant design, franchising, and restaurant management. BGR Corp. is listed on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Electronic Bulletin Board under the trading symbol Trading symbol See: Ticker symbol BGRR. Look for our Web site soon at www.bgrcorporation.com. For further investment information, please call Peter Matousek at 503-332-9675. Special Note Regarding Forward-Looking Statements Forward-looking statements in this news release are made pursuant to the 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. provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this news release that are not strictly historical statements, including without limitation, management's plans and objectives for future operations and management's assessment of market factors, and statements regarding the strategy and plans of the company and its strategic partners, constitute forward-looking statements. These forward-looking statements are not guarantees of the company's future performance and are subject to a number of risks and uncertainties, such as our success in acquiring new concepts, funding these acquisitions, and successfully adapting and franchising these concepts, could cause the company's actual results in the future materially to differ from the forward-looking statements. |
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