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QUIZNO'S FOCUSES ON FRANCHISE SUPPORT AND DEVELOPMENT WITH NEW CORPORATE DIVISIONS

DENVER, March 11 /PRNewswire/ -- The QUIZNO'S(R) Corporation (Nasdaq: QUIZ) is dividing its corporate staff into two main divisions, Franchise Support Services and Franchise Development, as the next step in the franchisor's national growth plan. In addition, QUIZNO'S will be adding senior level management with additional franchise and restaurant experience.

"In creating these two new divisions, we're making a statement to employees, franchisees and the industry that QUIZNO'S is focused on its mission of becoming a national segment leader and serving the best sandwich in the market, by creating and supporting successful franchisees," President/CEO Richard E. Schaden announced.

"Our new structure reflects our commitment to this mission: Each division has separate, clearly defined goals to provide dedicated support to franchisees as well as to rapidly cluster restaurants, bringing markets to critical mass."

The Franchise Support Services division will focus on providing day- to-day franchise support. Physical changes at the company's Denver headquarters include the establishment of The Franchise Support Center.

The purchasing, franchise field operations and training teams will utilize the new center for training franchisees, product testing and ongoing operations support geared around franchisees' needs.

A new executive vice president will oversee the Franchise Support Center and is expected to be announced in the near future.

In the Franchise Development division, the franchise development and real estate teams will focus on helping franchisees open new QUIZNO'S units, clustering restaurants and bringing markets to critical mass as quickly as possible.

The corporate finance and marketing teams will continue to work with departments in both divisions.

QUIZNO'S, a quick-service Italian-style sub sandwich concept serving signature oven-baked Classic Subs, has been a popular Denver-based chain for 15 years. Currently, 112 QUIZNO'S Classic Subs restaurants are open in 19 states across the country.

The company successfully completed an IPO in February of 1994 and is using the proceeds for its national expansion. The QUIZNO'S Corporation is traded on the Nasdaq stock exchange under the symbol: QUIZ.
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/CONTACT: Debbie Leider, 303-368-9424 ext. 3322, or Sue Hoover, 303-368-9424 ext. 3321, both Corporate Communications of The QUIZNO'S Corporation/

(QUIZ)

CO: QUIZNO'S Corporation ST: Colorado IN: RST SU:

PL -- NYM018 -- 0576 03/11/96 08:04 EST
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Publication:PR Newswire
Date:Mar 11, 1996
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