Industry News | December 17, 2008

Pizza in the Middle East

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Papa Bello Enterprises Inc. (Pink Sheets: PAPA - News) announced plans for continued overseas expansion by entering a partnership with master franchise development company, Fusion Global Partners, LLC. Under Managing Director, Douglas Cisneros, the company will help establish and grow Papa Bello Pizza franchises in Southeast Asia and throughout the Middle East. Both companies expect the first location under this agreement to open in 2009.

Combining Southeast Asia and the Middle East, the territory defined in the agreement encompasses the following countries: Algeria, Australia, Bahrain, Egypt, Indonesia, Iran, Iraq, Japan, Jordan, Kingdom of Saudi Arabia, Kuwait, Lebanon, Libya, Malaysia, Malta, Morocco, New Zealand, Oman, Philippines, Qatar, Singapore, South Korea, Syria, Thailand, Tunisia, Turkey, United Arab Emirates, and Yemen.

Fusion Global Partners is a cross-border, transaction driven firm specializing in facilitating and supporting international development for their clients. With business experience in 34 countries, FGP's primary markets are focused in the Middle East, GCC-MENA regions and South East Asia.

In conjunction with Global Franchise Architects, Global Fusion Partners has more than 300 units under contract, with more than 200 units already open and operating. FGP has central offices located in the United States (Denver, Colorado), Bahrain (Manama), South Korea (Seoul), and Thailand (Bangkok). Some of the brands they represent include Steak Escape, Gloria Jean's Gourmet Coffee, New York Deli, The Cream & Fudge Factory, Wetzel's Pretzels, and The Donut Baker.

Doug Cisneros, of Fusion Global Partners states, "The Papa Bello franchise model has quickly gained tremendous recognition as an up-and-coming brand set up for rapid expansion and acceptance throughout the countries within our agreement. With our infrastructure and support added to the Papa Bello product and brand image, we have all the necessary components to make a significant impact on the markets abroad."

Chase Canfield, CEO of Papa Bello Enterprises states, "This agreement represents our continued efforts to accomplish the company's objectives to grow in size, gain more exposure, and increase revenue and value both here and abroad. We're confident that by combining our concept with the international franchise experience of Fusion Global Partners, our brand will be well received in these regions of the world."

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