Big City Bagels Enters Into Multi-Unit License Agreement With Total Petroleum.HICKSVILLE, N.Y.--(BUSINESS WIRE)--Sept. 22, 1997--Big City Bagels, Inc. (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 :BIGC BIGC Beijing Institute of Graphic Communication (China) ) announced today that it has signed a definitive licensing agreement with Total Petroleum, Inc. (AMEX AMEX See: American Stock Exchange :TPN TPN, in biochemistry, abbreviation for triphosphopyridine nucleotide, a coenzyme now usually called nicotinamide adenine dinucleotide phosphate, or NADP. ) in which Total Petroleum will open and operate Big City Bagels' stores, providing a full line of bagels, bakery and deli products at Total Petroleum stations. Total Petroleum, headquartered in Denver, is a refiner and marketer of petroleum products, operating 561 retail gasoline and convenience store stations throughout the central United States The Central United States is sometimes conceived as between the Eastern United States and Western United States as part of a three-region model, roughly coincident with the Midwestern United States plus the western and central portions of the Southern United States; the term is . Following a short trial period, Total Petroleum will operate a minimum of seven full service Big City Bagels stores which will be located in the convenience store area of their stations. The first store is expected to open in Nov. 1997 in Superior, Colorado, outside of Denver. The opening will mark the introduction of Big City Bagels into Colorado. The full service Big City Bagels stores will feature bagels and other bakery products baked daily on the premises. In addition, these stores will provide a complete delicatessen and lunch menu. Mark Weinreb, Chairman of Big City Bagels said, "Big City Bagels is pleased to have been selected by Total Petroleum to provide its products to the thousands of customers who visit Total Petroleum gas stations on a daily basis. The opportunity to locate our stores within the Total Petroleum stations presents us with an enormous potential for growth and recognition in an important geographic section of the United States." Big City Bagels, operates and franchisees upscale New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of bagel bakery cafes specializing in oversized o·ver·size n. 1. A size that is larger than usual. 2. An oversize article or object. adj. o·ver·size also o·ver·sized Larger in size than usual or necessary. , fresh-baked bagels and other breakfast and lunch products. Currently, the company has 16 stores in operation and has sold more than 33 franchises. The company also provides bagels to numerous restaurants, airlines, hotel chains and hospitals. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. Such risks and uncertainties are described in the company's filings with the SEC, including its Registration Statement on Form SB-2. -0- This release is available on the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Worldwide website at www.kcsa.com. CONTACT: Big City Bagels, Hicksville Mark Weinreb, 516/932-5050 or KCSA Public & Investor Relations Adam I. Friedman/Jeff Corbin 212/682-6300, ext. 215/214 |
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