The franchise owners have extensive business management, information systems, and marketing experience. They also own a very successful business in Northern Virginia and bring a high level of expertise to the marketplace. We are looking forward to a long and prosperous relationship with this group of entrepreneurs. Foster's Franchise Concepts announces Area Development Agreement to open Foster's Grille Franchises in Reston and Centreville, Virginia. The new franchise owners bring many years of sales, marketing, and entrepreneurship to this relationship. They currently own and operate a very successful business in the Northern Virginia area, and we are excited about working with them. Foster's Franchise Concepts announces Area Development Agreement to open additional Foster's Grille Franchises in Winchester, Virginia and surrounding areas. The current franchise owners of the Foster's Grille in Winchester, Virginia have decided to expand their operation into additional territories and have a wealth of business experience. We are very excited about their further expansion into this marketplace. Foster's Franchise Concepts announces Franchise Agreement to open a Foster's Grille Franchise in Chantilly, Virginia in the 2nd quarter of 2007. The franchise owners currently own Loudoun County, Virginia and have decided to expand their operation into the Fairfax County territory. We are very excited about working with this Area Developer because of their extensive restaurant and management experience and also the synergy we share. Foster's Franchise Concepts announces Area Development Agreement to open a Foster's Grille Franchise in Stafford, Virginia. The franchise owners currently own and operate the Foster's Grille in Fredericksburg, Virginia and have decided to expand their operation under an Area Development Agreement. We are very excited to be working with this group of ambitious entrepreneurs. Foster's Franchise Concepts announces Area Development Agreement to open Foster's Grille Franchises in Tyson's/McLean, Woodbridge, Dale City, Dumfries, Virginia as well as Frederick, College Park, and Bethesda/Chevy Chase, Maryland. The new franchise owners are currently Area Developers for a very prominent and recognizable National Pizza Franchisor. They bring a wealth of franchise, management, and business acumen to the relationship. Foster's is very excited about this new venture because it now links us to another National Franchise Concept. Foster's Franchise Concepts announces Franchise Agreement to open Foster's Grille Franchise in Alpharetta, Georgia this fall. The new franchise owner has an extensive background in marketing and sales. He also brings a wealth of management expertise to this growing market. Foster's is very excited to be partnering with this ambitious and forward thinking entrepreneur in North Atlanta. Foster's Franchise Concepts announces Franchise Agreement to open Foster's Grille Franchise in Springfield/Kingstowne Virginia. The new franchise owners and their family bring a wealth of restaurant experience to this growing market. They also have in-depth expertise in senior management, marketing and sales. Foster's is very excited about this group because of the synergy we share. Foster's Franchise Concepts announces Area Development Agreement to open Foster's Grille Franchises in N. Ft. Myers, Ft. Myers, Cape Coral, and Naples Florida. The new franchise owners have extensive restaurant experience in the fast casual and fine dining sectors. They also own and operate a very successful advertising agency in the Florida market. Foster's is very excited about this relationship because the franchisees bring such a high level of expertise to this marketplace. Foster's Franchise Concepts announces Franchise Agreement to open Foster's Grille Franchise in Culpeper Virginia during the summer of 2006. The new franchise owners bring a wealth of sales, marketing, and management experience to the relationship. They have been working in the Northern Virginia marketplace for a number of years. Foster's is really excited about working with this group because of their strong hospitality background. Foster's Franchise Concepts announces Franchise Agreement to open Foster's Grille Franchise in Winchester, Virginia during the summer of 2006. The new franchise owners bring a wealth of sales, marketing, and management to the relationship. They are very prominent business owners in the Winchester community, and have been servicing the marketplace for many years. Foster's is really excited about working with this group, because they have a very strong customer service philosophy. Foster's Franchise Concepts announces Franchise Agreement to open Foster's Grille Franchise in Fredericksburg, Virginia in August of 2006. The new franchise owners bring many years of owning and operating businesses in the Northern Virginia marketplace. This group of entrepreneurs has been very successful, and is looking to expand their horizons with a Foster's Grille Franchise. Foster's is very excited about this new business relationship with such high level entrepreneurs. Foster's Franchise Concepts announces Area Development Agreement to open three Foster's Grille Franchises in Annapolis, Severna Park, and Odenton Maryland starting in April of 2006. The new franchise owners have extensive restaurant and senior management experience in fast casual and full service dining in the Maryland marketplace. Foster's is looking forward to working with this group because of their high level of management/financial expertise, and the core values we share together. Foster's Franchise Concepts announces Area Development Agreement to open three Foster's Grille Franchises in Charlotte, North Carolina starting in April of 2006. The opening has been planned to coincide with the start of the NASCAR racing season at Lowe's Motor Speedway. The franchise owners have extensive sales and marketing experience, and are very customer oriented. Foster's is very excited about this relationship because of the business philosophy and vision we share, plus the tremendous synergy we have with NASCAR racing. Foster's Grille Set To Take a Big Bite Out of Franchising Foster's Franchise Concepts announces Area Development Agreement to open Foster's Grille Franchises in Ashburn, Leesburg, and Sterling, Virginia starting in the first quarter of 2006. The new franchise owners have extensive restaurant and business experience in fine and casual dining in the Virginia marketplace. Foster's is really looking forward to working with this group because of their high level of knowledge in the restaurant industry, and the synergy we share. Foster's Franchise Concepts announces Area Development Agreement to open Foster's Grille Franchises in Nixa, Springfield, and Branson, Missouri starting in the first quarter of 2006. The franchise owners have previous experience in owning and operating multiple companies, and are very customer service oriented. Foster's is very excited about this relationship because of the strong business backgrounds this group brings to the marketplace. Foster's Grille, a casual restaurant chain based in Haymarket, Virginia, is moving into franchising nationwide starting September 2005. Since opening their first location 6 1/2 years ago in Manassas, Virginia, Foster's Grille has proven to be a neighborhood favorite wherever they go. The menu features "The Charburger," a 1/2 lb. char-grilled burger that's made to order, with fresh hand-cut fries, their authentic wings, and other flame broiled sandwiches. Initially, their growth has been centered on the suburbs of Northern Virginia, but that's about to change. "We opened a single mom and pop style neighborhood grille and it was so popular that a year later we opened our second store and now we have seven company owned locations," says Shawn Foster, the President/CEO of Foster's Grille. Shawn, who spent eight years as a corporate chef for The Palm Restaurants, is responsible for overall operations and his partner Lewie Bloom oversees real estate and construction. Together, they have put everything in place for a national roll-out. Shawn and Lewie have recently hired Tom Palazzo as Director of Franchising, the former Franchise Director of Sylvan Learning Systems. Tom worked for Sylvan six years and was largely responsible for their tremendous growth. "Franchisees will have use of our proven proprietary operating system, brand name, and be given the training and support needed to run a successful operation. We have already established a great reputation for delicious food and great service, and that will continue throughout our National Franchise Network," says Tom Palazzo. They have their sights on bringing the Foster's Grille neighborhood cookout theme to neighborhoods all over America. Lewie Bloom says that part of the reason for their success is that they give people great food for reasonable prices. "Our TV spots say our burgers are Too Big For Two Hands,' we just make sure that the bill never is." Foster's Franchise Concepts announces Franchise Agreement to open a Foster's Grille in Tallahassee, Florida. The franchise owners have extensive business and management backgrounds. They also bring great enthusiasm, passion, and outgoing personalities to the business. We are very excited about working with them in this new market. Foster's Franchise Concepts announces Area Development Agreement to open Foster's Grille Franchises in Richmond/Midlothian/Short Pump, Virginia. The franchise owner brings a wealth of business and management experience to this growing area. He has seen this market expand rapidly and is very excited about developing these territories with Foster's Grille. Foster's Franchise Concepts announces Area Development Agreement to open Foster's Grille Franchises in Harrisonburg/Staunton/Charlottesville, Virginia. The franchise owners bring many years of ownership, management, and business acumen to this marketplace. They are very professional business people and are looking forward to building another successful company with their Foster's Grille Franchises. Foster's Franchise Concepts announces Area Development Agreement to open Foster's Grille Franchises in Buford and Suwanee, Georgia. The franchisees currently own businesses in the hospitality and high tech industry. They bring a wealth of leadership, management, and hospitality experience to this growing marketplace. We are very excited about working with this group in developing the North Atlanta area. Foster's Franchise Concepts announces Area Development Agreement to open Foster's Grille Franchises in Milton and Roswell, Georgia. The franchise owner currently owns and operates the Foster's Grille in Alpharetta, Georgia and has decided to expand into the North Atlanta Market. He has an extensive background in marketing and sales. We are excited about working with him on expanding his business.