Donini Announces First Quarter Financial Results

MONTREAL--(Marketwire - 10/15/09) - Peter Deros, President and CEO of Donini, Inc. (Pinksheets:DNNC - News), announced that the Company has filed today its Quarterly Report, which includes the Company's first quarter financial results for the period ending August 31, 2009. Mr. Deros stated that while sales were less than the previous period, the operating expenses were reduced substantially, resulting in record results. The quarterly losses for the period ($4,617) were the lowest in the Company's recent history despite the weak economic conditions in the Montreal market. Donini continues to experience good acceptance for its Pizza despite the influx of new Pizza outlets in this area over the last two years.Mr. Deros stated that he is extremely optimistic about the future of the Company which is already seeing signs of improvement in cost controls under the leadership of Mr. Jean Vassiliadis, the new President of the Company's Canadian Operating Subsidiary. Mr. Deros also added that he is confident the plans for expansion and growth over the next year will be achieved under Mr. Vassiliadis's leadership. He has begun to affect changes, as in September, the Company's arrangements with three franchisees were terminated with the anticipation that new, better locations and improved management will be part of the building blocks of Donini's future.About Donini, Inc.Donini, Inc., a New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadia...
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Donini Announces Strategic Area For The Launch Of Its Expansion

MONTREAL, Oct. 8 /PRNewswire-FirstCall/ - Peter Deros, President and CEO of Donini Inc. (DNNC.PK), announced today that with the appointment of Jean Vassiliadis as President and CEO of Donini's operating subsidiary, Pizzacorp DTC Franchises Inc., the Company is on track for expansion. President Vassiliadis stated, "We will begin expansion in the South-Shore area of Greater Montreal, which has a population of approximately half a million. We are confident that the Company can open five Pizza Donini franchises over the next 24 months." As a start, Mr. Vassiliadis is already in discussion with an independent pizza restaurant which, he believes, can be converted into the Donini brand over the next three months. Mr. Deros added, "This is an excellent, strategic area for expansion as Mr. Vassiliadis' own franchise, which is very successful is located in this area and will be used as a training center for the new franchisees."About Donini, Inc.Donini, Inc., a New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadian company that has been operating and licensing Italian style restaurants specializing in pizza and related products within the Greater Montreal Area in the province of Quebec for over 20 years. The Company has recently completed a consolidation of its operations by establishing two Canadian Subsidiaries, Donini Group Inc. and Pizzacorp DTC Franchises Inc., whose purposes are; respectively, to hold and control the intellectual property of the Company and to license the trademarks and oversee the licensed franchisees of the marks. The Company plans to expand its operations into the United States and the rest of Canada.Safe Harbor StatementCertain statements in this press release that are not historical facts are "forward-looking statements" with...
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Donini Announces New President for Canadian Subsidiary

MONTREAL--(Marketwire - 09/29/09) - Peter Deros, President and CEO of Donini Inc. (Pinksheets:DNNC - News), announced today that Jean Vassiliadis has been named President and CEO of its operating Canadian subsidiary Pizzacorp DTC Franchises Inc., effective immediately. Mr. Vassiliadis is currently an owner operator of a Pizza Donini franchise in the greater Montr�al area and a member of the Board of Directors of Donini Inc. Mr. Vassiliadis, age 46, started his food service career with Pizza Donini twenty three (23) years ago, initially working as a cook and pizza delivery person at Pizza Donini's first outlet. He then owned and operated several franchises and ultimately joined the management of Pizza Donini in 2000. Mr. Vassiliadis held positions as Manager of Operations, Director of Food Services and, eventually, the Vice President of Business to Business Development. Following the corporate restructuring and the outsourcing of the Company's manufacturing facilities, Mr. Vassiliadis's position was eliminated, at which time he acquired a Pizza Donini franchise.Mr. Deros stated that, "Mr. Vassiliadis has proven to be a passionate leader that has the profound desire to see Pizza Donini grow and prosper. He brings a comprehensive focus on cost controls, quality of products and, most important, his positive relationships with existing franchisees and suppliers." Mr. Vassiliadis will be in control of all operations in this newly created position at the Company.Mr. Deros is confident that Mr. Vassiliadis appointment ...
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Donini Completes Updates of Public Disclosure

MONTREAL, Sept. 25 /PRNewswire-FirstCall/ - Peter Deros, President and CEO of Donini, Inc., (DNNC.PK) stated that he is pleased to announce that the Company has posted its Annual Report, which includes Financial Statements covering the full fiscal year ending May 31, 2009, and an Attorney Letter on Pink Sheets which is under review. Mr. Deros added; "Completing the postings and obtaining a 'Current Information' classification from Pink Sheets expected early next week will be important to us as it demonstrates Donini's commitment to keep our shareholders and the financial community informed." Our current share structure remains at 100M shares of Common Stock authorized, with approximately 98M shares outstanding and approximately 20M shares in the float. Mr. Deros concluded that our pizza continues to be well received by our customers and we are looking forward to a successful year.About Donini, Inc.Donini, Inc., a New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadian company that has been operating and licensing Italian style restaurants specializing in pizza and related products within the Greater Montreal Area in the province of Quebec for over 20 years. The Company has recently completed a consolidation of its operations by establishing two Canadian Subsidiaries, Donini Group Inc. and Pizzacorp DTC Franchises Inc., whose purposes are; respectively, to hold and control the intellectual property of the Company and to license the trademarks and oversee the licensed franchisees of the marks. The Company plans to expand its operations into the United States and the rest of Canada.Safe Harbor StatementCertain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities...
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Donini Announces New Pizza Offering: The Energizer

MONTREAL, Sept. 21 /PRNewswire-FirstCall/ - Peter Deros, President and CEO of Donini, Inc., (DNNC.PK) announced today that the Company is currently sampling a new and exciting pizza at one of its key franchisees' restaurant. The new offering, called the "Energizer", began its test marketing last week. The toppings that make up the Energizer are: tomato sauce, pepperoni, mushrooms, onions, mozzarella cheese, green peppers, green olives, smoked salmon, fresh sliced tomatoes, and bacon. Mr. Deros added that Donini continues to strive to provide its customers with the highest quality pizza products to satisfy even the most demanding customers. By adding new offerings Donini is able to maintain its position as one of Montreal's most popular pizza names.Mr. Deros said "Donini has been in operation for over twenty years and its pizza is well received by our customers. The new "Energizer" is a great addition to our menu and is scheduled to be available in all our restaurants over the next three months."About Donini, Inc.Donini, Inc., a New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadian company that has been operating and licensing Italian style restaurants specializing in pizza and related products within the Greater Montreal Area in the province of Quebec for over 20 years. The Company has recently completed a consolidation of its operations by establishing two Canadian Subsidiaries, Donini Group Inc. and Pizzacorp DTC Franchises Inc., whose purposes are; respectively, to hold and control the intellectual property of the Company and to license the trademarks and oversee the licensed franchisees of the marks. The Company plans to expand its operations into the United States and the rest of Canada.Safe Harbor StatementCertain statements in th...
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Donini Announces Status of Public Disclosure

MONTREAL, Sept. 17 /PRNewswire-FirstCall/ - Peter Deros, President and CEO of Donini, Inc., (DNNC.PK) stated that he is pleased to announce that the Company is finalizing the documents required by Pink Sheets to be able to reinstate the trading and disclosure privileges of that body. Mr. Deros added that the financial statements are completed and ready for filing, as is the Annual Update that will provide the Company's shareholders and the financial community with the current information about the Company. Mr. Deros concluded that he expects that all details will be completed and posted by next week.About Donini, Inc.Donini, Inc., a New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadian company that has been operating and licensing Italian style restaurants specializing in pizza and related products within the Greater Montreal Area in the province of Quebec for over 20 years. The Company has recently completed a consolidation of its operations by establishing two Canadian Subsidiaries, Donini Group Inc. and Pizzacorp DTC Franchises Inc., whose purposes are; respectively, to hold and control the intellectual property of the Company and to license the trademarks and oversee the licensed franchisees of the marks. The Company plans to expand its operations into the United States and the rest of Canada.Safe Harbor StatementCertain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown...
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Donini Announces Hotel Express Room Service Program

MONTREAL, Sept. 14 /PRNewswire-FirstCall/ - Peter Deros, President and CEO of Donini, Inc., (DNNC.PK) announced today that it is in the process of concluding the pilot phase of its pizza offering for room service in a 400 room Montreal Hotel that is part of large Canadian hotel chain.. The program was designed to offer express service for the same high quality pizza enjoyed by our restaurant customers to the patrons of the hotel without having to leave their rooms. Mr. Deros added that this pilot program is expected to be completed by the 4th quarter of '09 with the objective of being able to offer Donini pizza to other hotels by early next year. Mr. Deros said, "Our pizza continues to be well received by our customers and being able to offer it through the hotels will help provide added expansion throughout the greater Montreal area and eventually throughout Canada."About Donini, Inc.Donini, Inc., a New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadian company that has been operating and licensing Italian style restaurants specializing in pizza and related products within the Greater Montreal Area in the province of Quebec for over 20 years. The Company has recently completed a consolidation of its operations by establishing two Canadian Subsidiaries, Donini Group Inc. and Pizzacorp DTC Franchises Inc., whose purposes are; respectively, to hold and control the intellectual property of the Company and to license the trademarks and oversee the licensed franchisees of the marks. The Company plans to expand its operations into the United States and the rest of Canada.Safe Harbor StatementCertain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation R...
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Donini Announces Status of Key Executive Search

MONTREAL--(Marketwire - 09/09/09) - Peter Deros, President and CEO of Donini, Inc. (Pinksheets:DNNC - News), announced today that he has narrowed the Company's search for a new CEO and President of its operating subsidiary, Pizzacorp DTC Franchises Inc., and is in final discussions with a highly qualified, experienced operator with a proven track record in the pizza field. Mr. Deros added that this appointment is key to the Company's plans for expanding its operations in the Greater Montreal area in the province of Quebec, the rest of Canada and into the United States and to raising capital funds. "We have been searching for the right person for over three months and are very close to finalizing the appointment within the next month. Details will be announced as soon as available," stated Mr. Deros.Donini is one of Montreal's most popular pizza names and has been in operation for over twenty years. Mr. Deros noted, "People love the taste of our pizza and we hope to enter our expansion phase by the end of 2009."About Donini, Inc.Donini, Inc., a New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadian company that has been operating and licensing Italian style restaurants specializing in pizza and related products within the Greater Montreal Area in the province of Quebec for over 20 years. The Company has recently completed a consolidation of its operations by establishing two Subsidiaries, Donini Group Inc. and Pizzacorp DTC Franch...
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Donini to Explore Strategic Relationships in the Montreal Area

MONTREAL--(Marketwire - 06/23/09) - Mr. Deros, President & CEO of Donini, Inc., (Pinksheets:DNNC - News), reported today that the Company continues to explore various strategic opportunities in the local Montreal market with private food chains ranging in size from 5 to 35 units. Mr. Deros noted, "Any one of these potential acquisitions or joint ventures would enhance the business of Donini substantially because of their natural synergism with our Company. No terms have been reached as of yet but we are confident one transaction will close within the next several months. Oddly," Mr. Deros added, "these opportunities have arisen from the ashes of bad times. While all of these potential partners are solid profit-making companies, these entities see the benefit of joining up with a Company carrying solid management, such as Donini, particularly with its long history in the franchise field, emphasis on quality products and Donini's public stockholder base." Mr. Deros stated that he will report on future details regarding these potential transactions.Mr. Deros concluded by adding that these potential opportunities are in addition to the Company's existing expansion plans in the United States and Canada.About Donini, Inc.Donini, Inc., A New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadian company that has been operating and licensing Italian style restaurants specializing in pizza and related products within the Greater Montreal Ar...
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Donini Announces Details of Its Expansion Plans

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