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Creative Eateries Corp. Acquires Pasta Pranzo.


SCOTTSDALE, Ariz. -- Creative Eateries Corp. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: CEAT CEAT College of Engineering and Agro-Industrial Technology (Philippines)
CEAT Contractor Evidence Audit Team
CEAT Community Emergency Action Team
CEAT Civil Engineering and Architectural Team
) is pleased to announce it has acquired 100% of Pasta Pranzo Franchise Co., LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a fast-casual restaurant concept developed in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . The acquisition includes specific trademarks and service marks, including the Pasta Pranzo trademark, logo and related commercial symbols and slogans, and recipes, including future recipes and the Pasta Pranzo location in the Santa Monica area in west Los Angeles
  • West Los Angeles, Los Angeles, California, a neighborhood of Los Angeles
  • West Los Angeles (region), a popularly identified region of Los Angeles, incorporating the neighborhood above
. Existing management will be retained and will join the Creative Eateries team.

Pasta Pranzo's concept is a 1,200 to 1,800 sq. ft. made-to-order pasta restaurant concept which provides a fast-casual alternative to consumers who want great tasting, high quality food, along with speed, value and convenience. It is perceived as an adult fast-food choice with broad appeal among the middle-class segment. The food is prepared fresh daily, with full exhibition kitchen, and a guest check average in the $8.50 range. Average sales are expected to be $750,000 to $800,000 per store and the company expects franchise sales to 30 to 40 by the end of 2006.

Unlike Don Allio's Italian Kitchen, Pasta Pranzo will be a smaller fast-casual restaurant that will provide good hearty pasta dishes for those on the go. Franchise fees for Pasta Pranzo will be less at $25,000 per location and a much lower build out fee in the range of $300,000 per unit.

Creative Eateries intends to build a second Pasta Pranzo store in Arizona, and will add this concept to its formidable franchising efforts nationwide. Frank Holdraker, president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Creative Eateries Corp., said, "We believe there is a large market for this brand, with little competition." The main competitors are Pasta Pomodoro, owned by Wendy's, and Pasta Bravo, which is owned by Yum Brands Inc.

About Creative Eateries Corp.

Creative Eateries Corp. is a franchise development company that targets emerging and undervalued Undervalued

A stock or other security that is trading below its true value.

Notes:
The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating.
 franchise concepts. The company is introducing a line of new restaurant brands that fall into the broad category of "fast-casual/full-service" dining. Creative Eateries Corp. will provide the necessary elements to grow these brands by partnering with the existing restaurant companies, thereby owning equity directly in these brands and by providing the concepts a total Franchise Turnkey Program. This formula is the result of several years of development to provide the tools and support needed to create and sustain a successful restaurant franchise with above average per store returns.

Creative Eateries 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
 CEAT.

Look for our Web site at www.creativeeateries.com.

For further investment information please call Gary Reid at 866-475-7539.

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, and could cause the company's actual results in the future materially to differ from the forward-looking statements.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 28, 2005
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