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February 13, 2001 KAHALA CORP. ANNOUNCES RAPID EXPANSION OF SURF CITY SQUEEZE CONCEPT THROUGHOUT CANADA |
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SCOTTSDALE, Ariz.-(BUSINESS WIRE)-Kahala Corp., a Florida corporation formerly known as Sports Group International, Inc. (OTC BB: KAHA.OB) (the "Company") - today announced that the 20th franchised Surf City Squeeze outlet in Canada recently opened for business. The Company also announced that is expects two additional Surf City Squeeze franchised outlets to open in Canada by March 31, 2001, bringing the total franchised Surf City Squeeze outlets in Canada to 22. The first franchised Surf City Squeeze outlet in Canada opened approximately two years ago, and there were 14 franchised Surf City Squeeze outlets operating in Canada as of December 31, 1999. Kevin Blackwell, the Company's
President and CEO, commented "we are very pleased with the rapid
expansion of the Company's Surf City Squeeze concept throughout the Canadian
market over the past two years. There are now franchised Surf City Squeeze
outlets in most major Canadian markets, including Toronto, Vancouver,
Montreal, and Winnipeg. We are equally pleased that the climate in Canada
has not adversely affected the growth of the Surf City Squeeze concept
in Canada to date. Rather, Canada is currently one of Surf City Squeeze's
fastest growing markets." |