Papa Bello Announces Sale of Area Representative Agreement for the State of Tennessee

LAS VEGAS, Oct. 2 /PRNewswire-FirstCall/ -- Papa Bello Enterprises (Pink Sheets: PAPA) announced today that the company has entered into another Area Representative Agreement with the sale of the development rights for the entire state of Tennessee. The contract was finalized this week with Phoenix Rising Development, LLC, which company also owns the franchising rights for South Carolina. The acquisition of Papa Bello's corporate store in Cleveland, TN was included in the purchase.

Nazir Moosa from Phoenix Rising states, "The addition of Tennessee fits perfectly with our current operations in the neighboring state of South Carolina. With four locations there and one in Tennessee, we are already beginning to exceed our growth expectations."

Chase Canfield, CEO, 31 states; "This agreement represents a substantial enhancement to fulfilling our expansion plans in the South Eastern region of the country. Aligning our efforts with area developers rapidly accelerates Papa Bello towards its growth potential."

About Papa Bello Enterprises

Founded in 2005, Papa Bello Enterprises is a Las Vegas, NV based corporation that owns, operates, and franchises Italian style eateries in the United States. The company currently has 17 stores in operation and has a master lease agreement with Wal-Mart. The company was founded on the principles of providing the consumer with the highest standards of quality, value, and service. For more information on Papa Bello Enterprises or franchise information, please visit http://www.papabellopizza.com.

Forward-Looking Statements Disclosure

This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.

SOURCE Papa Bello Enterprises