American Kiosk Corporation (AKIS, Pink Sheets) announces that its wholly owned subsidiary, Zero's Mr. Submarine Inc., and Robert Chambers, of Elizabeth City, NC have signed an Area Development Agreement for three new Zero's Subs to be opening in Elizabeth City, NC over the next three years. The site for Mr. Chambers' first Zero's Subs is now under construction and it is expected that the first restaurant will be open and operating during the first half of 2006. Martin Palacios, President of Zero's Subs states "We are very pleased to be entering this new and exciting market in Elizabeth City. We look forward to a long and successful business relationship with Robert." Zero's Mr. Submarine, Inc. is a franchisor of quick service restaurants featuring "Hot Oven-Baked" sandwiches and Pizza. Zero's has been in business since 1967, starting in Virginia Beach, VA. Zero's Mr. Submarine Inc. began franchising the original restaurant concept in 1994. Currently, Zero's has over 60 restaurants worldwide in the chain. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and that undue reliance should not be placed on such statements. Forward-looking statements speak only as of the dates on which they were made. The Company undertakes no obligation to publicly update or revise any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise unless required to do so by the securities laws.
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