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Classic Restaurants International Inc. Announces it has Entered Into Negotiations with AA Corp.


NORCROSS, Ga.--(BUSINESS WIRE)--Sept. 10, 1997--Classic Restaurants International Inc. (OTC OTC

See: Over-the-counter.


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See over-the-counter market (OTC).
 BB:CRET Cret Cretan (linguistics)
CRET Color Resolution Enhancement Technology
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) is pleased to announce that it has entered into negotiations with AA Corp, a private research and development company, regarding a potential acquisition, merger, or joint venture.

Recently, AA Corp has finalized See finalization.  a series of experiments involving the recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment.  of used tires. AA Corp has also recently received positive results in the medical field involving the control of the spread of the common cold.

Frank Pringle, the main principle behind AA Corp, was formerly the founder and president of EFTEK-NASD stock symbol EFTK. While with EFTEK, Pringle created a technology that recycles glass and was able to receive a patent pending for this. EFTEK, received $4 million in funding, and now the company is operating successfully.

Pringle recently resigned from the company to pursue his dreams with AA Corp. A venture with Classic Restaurants would allow the opportunity for AA Corp to be exposed to the public markets, making it easier to raise capital. Further details regarding this potential partnership will be released shortly.

CONTACT: Classic Restaurants International Inc.

Bob Shaw
For the baseball player, see Bob Shaw (baseball), For the football player, see Bob Shaw (football player), .
Bob Shaw (December 31, 1931 - February 12, 1996) was an Irish science fiction author and fan.
, 770/729-9010
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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 10, 1997
Words:186
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