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SWISHER INTERNATIONAL SELLS EIGHT FRANCHISES IN THE FISCAL THIRD QUARTER

    CHARLOTTE, N.C., Aug. 5 /PRNewswire/ -- Citing an increasing demand for its franchised products and services, Swisher International Inc. (NASDAQ: SWSH, SWSHW) announced today that it has sold eight franchises in the fiscal third quarter ended July 31, 1993.  This brings the total number of Swisher franchises to 60.
    Financial results for the third quarter and nine months just ended are expected to be released toward the end of August 1993.
    "We remain on track for 68 franchises by fiscal year end," said Pat Swisher, president and chief executive officer.  "We are also aiming to sell the remaining territory in the U.S. in the next 24 months, while targeting international expansion.  Since our recent public offering, we have established the infrastructure needed to fuel this rapid growth.
    "As the public's concern regarding the spread of infectious diseases in public restrooms continues to increase, more corporations are turning to Swisher for an economical and effective solution.  We expect our business to continue to expand proportionate to the public's growing demand for safer, cleaner facilities."
    Swisher International is the only publicly held franchiser of hygiene services and products.  The company markets its products and services principally through 60 franchises and two subsidiaries to a wide range of businesses in 28 states.  Swisher currently services 16,000 customers ranging from small businesses to major chains including McDonald's, Burger King, Pizza Hut, Wendy's, Texaco and K-Mart.
    -0-             08/05/93
    CONTACT:  Shirley J. Thompson of Carl Thompson Associates, 303-494-5472
    (SWSH) CO:  SWISHER INTERNATIONAL INC. ST:  NC


-- DV007 -- X274 08/05/93
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Publication:PR Newswire
Date:Aug 5, 1993
Words:258
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