Ultimate Franchise Systems Inc. (OTC Pink Sheets: UFSJ - News) released a statement this morning saying that the company's recently announced forward stock split will take place at the opening of the market today. The company has also been issued a new stock symbol, UFSJ.

The announcement completes the recent decision by the Board of Directors of Ultimate Franchise Systems Inc. to enhance the company's liquidity options through a forward stock split.

UFSJ CEO Christopher Swartz said, "We are looking forward to the opportunities that this decision could ultimately bring our company for further growth, while creating the possibility for more liquidity in the marketplace. We are aggressively focusing on new business affiliations and investments that will enhance the long-term value of UFSJ and our holdings."

About Ultimate Franchise Systems Inc.

Ultimate Franchise Systems is a venture management company that develops partnerships with mid- size businesses, primarily in the restaurant industry. Once Ultimate acquires a significant ownership position, the company consolidates and unifies their legal, accounting, marketing and purchasing systems preparing them for further expansion, possible franchising or eventual spin-off into their own publicly traded company or private enterprise. These practices establish a more significant infrastructure, refine their competitive stance, and increase brand value, while leading UFSJ's affiliates toward long-term growth.

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Ultimate Franchise Systems Inc. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations that are not reasonably predictable and that could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.
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