UFood Restaurant Group Closes Salt Lake City Restaurant

BOSTON--(BUSINESS WIRE)--UFood Restaurant Group, Inc. (OTCBB: UFFC) announced today that its Salt Lake City franchisee has terminated the operation of the UFood Grill Restaurant in the city, as a casualty of the recession.

George Naddaff, the Company’s Chairman and Chief Executive Officer, stated, “We are disappointed that the recession is significantly reducing the number and size of consumer transactions that were at such high levels just a short time ago. Certain areas of the country have experienced severe declines in consumer traffic, which penalizes any style restaurant. Our success with nontraditional restaurant locations that include airports and hospitals are representing a compelling business model for our food concept. We remain persistent in being innovative in developing new menu items and price points that will continue to drive the consumer to our restaurants. While the times are difficult, we are encouraged how we are positioned to expand our concept of providing affordable, convenient, quick-service restaurants offering delicious food choices that are ‘better-for-you.’”

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About UFood Restaurant Group, Inc.

UFood Grill takes a back-to-basics approach to tasty, healthful cooking, where everything served is high quality and guests are encouraged to make dining choices that work for their life and the way they like to eat. The UFood Restaurant Group was founded by George Naddaff, best known for his role as founder of Boston Chicken (now Boston Market), Living and Learning Schools, and Mulberry Childcare Centers. To learn more, please visit ufoodgrill.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving known and unknown risks, delays, and uncertainties that may cause our actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks, delays, and uncertainties include, but are not limited to: risks associated with the uncertainty of future financial results, our reliance on our sole supplier, the limited diversification of our product offerings, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.