U.S. Dry Cleaning CEO Grants Half of His Personal Stock Options to Employees of the Fastest-Growing National Dry Cleaning Chain

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--U.S. Dry Cleaning Corporation (OTCBB:UDRY), the nation’s fastest-growing chain of dry cleaning operations, today announced that the company’s CEO and founder, Robbie Lee, has gifted 400,000 of his personal CEO stock options among more than 140 non-executive field employees of the company’s California operations. This follows the Company’s granting of 200,000 shares to the company’s Hawaiian field employees last year. The announcement was made by Deborah Rechnitz, chief operating officer of U.S. Dry Cleaning Corporation.

“Robbie believes very strongly that our front-line employees are the key to our success. He also wants them to know that the company values their efforts and that they too can participate in the success of the company”

“Robbie believes very strongly that our front-line employees are the key to our success. He also wants them to know that the company values their efforts and that they too can participate in the success of the company,” Ms. Rechnitz said.

In addition, half of all UDRY stock options, under the corporate stock option plan, have been allocated to non-executive employees. Ms. Rechnitz believes this approach provides UDRY with a clear competitive advantage. “Our employees provide the front line contact with our customers and our customers’ garments. As owners, our employees are committed to providing exceptional quality and service to our customers. In exchange, these employees may be able to reap benefits which far outweigh anything that they could otherwise have achieved.”

About U.S. Dry Cleaning Corporation

U.S. Dry Cleaning’s mission is to create the premier national chain in the dry cleaning industry. The Company’s management team has extensive experience in retail consolidations and premier dry cleaning operations with a proven operating model. Management intends to rapidly acquire profitable, market-leading operations at accretive valuations. Each acquisition target is expected to be self-sufficient, and field management remains in place to ease the assimilation.

U.S. Dry Cleaning management believes the greatest value achieved in any consolidation is during the earliest phases. As a result, the company intends to grow as rapidly as possible to maximize shareholder value.

This release is for informational purposes only and should not be construed as a solicitation to invest. U.S. Dry Cleaning’s future operation results are dependent upon many factors, including but not limited to (i) the company’s ability to obtain sufficient capital or a strategic business arrangement to fund its expansion plans (ii) the company’s ability to build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the company’s control; and (iv) other risk factors discussed in the company’s periodic filings with the Securities and Exchange Commission, which are available for review at http://www.sec.gov under “Search for Company Filings.”