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SIOUX FALLS, SD, AND SHAKOPEE, MN | Wednesday, November 01, 2006
"The Lettieri's transaction solidifies Hot Stuff's leadership position within the "on-the-go" food category and establishes an even greater daypart dominance for our brand," said Des Hague, Chairman, President and CEO of Hot Stuff Foods�. Furthermore, Hague stated, "The addition of Lettieri's significantly increases our market reach and presence within the c-store channel by adding established menu items and broadening our distribution channels." The addition of Lettieri's will extend Hot Stuff's reach to over 40,000 additional locations that will now have access to the combined resources of both companies including over 500 products and numerous food programs and formats.
"We are very excited not only with what Lettieri's brings to Hot Stuff's franchise partners, but also with the new and innovative programs and products we can offer to Lettieri's distributors and retailers," stated Hague. Benefits to both Lettieri's and Hot Stuff customers will be immediate and will include: For Lettieri's customers, a "one-stop" menu offering including pizza, gourmet sandwiches, cinnamon rolls and broader ethnic and bread products.
For Hot Stuff franchisees and licensees, an expanded menu with established breakfast, lunch and roller grill solutions.
Hague emphasized that the acquisition is in line with Hot Stuff's strategy of long-term growth. "By combining the strengths of two dynamic companies, Hot Stuff Foods� further solidifies the Company's corporate philosophy of "Creating Value�Every Day!SM". About Hot Stuff Foods, LLC: Headquartered in Sioux Falls, SD, Hot Stuff Foods, LLC franchises and/or licenses its branded food concepts in approximately 1,600 locations throughout the U.S., Canada, Europe and Asia. Hot Stuff manufactures and distributes a broad line of branded food product solutions including Hot Stuff Food On the Go�, SmashHits Deli�, Summit Subs�, Mac's Market�, C-Street Bakery�, StoneWilly PIZZAHOUSE�, and GAME TIME SPORTS GRILL�. Hot Stuff Foods� can currently be found at www.hotstufffoods.com or by calling 1-877-841-1431 (International callers may reach Hot Stuff Foods� at 605.336.6961). About Lettieri's: Headquartered in Shakopee, MN (outside Minneapolis), Lettieri's produces branded and private label products, including breakfast sandwiches, enrobed hot dogs, stuffed baguettes, calzones, burgers and breadsticks, for c-store customers. Products are shipped frozen and ready-made and require only microwave, oven cooking or radiant heat (i.e. roller grill) to serve. Lettieri's can be found at www.lettieris.com.
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Hot Stuff Foods LLC
2930 W. Maple, P.O. Box 85210
Sioux Falls,
SD
Phone: (605)336-6961
Toll Free: 1-800-336-1320
Fax: (605)336-0141