Released on: August 5, 2008, 8:38 am

Press Release Author: Sarah Oziel

Industry: Food & Beverage

Press Release Summary: Yogen Früz, frozen yogurt chain with stores around the world,
is adding two notches to its global belt with newly signed development agreements
for 29 stores in Argentina and 21 stores in Peru.

Press Release Body: Yogen Früz, frozen yogurt chain with stores around the world, is
adding two notches to its global belt with newly signed development agreements for
29 stores in Argentina and 21 stores in Peru.

The new fro-yo emporiums will expand the franchise's footprint in Latin America,
adding to existing Yogen Früz outlets in Dominican Republic, Chile, Colombia, Costa
Rica, El Salvador, Guatemala, Bolivia and Venezuela.

The master franchisee for Argentina and Peru is Fruzco Chile SA, the same group that
has been building the Yogen Früz brand in Chile for the past 15 years. Fruzco Chile
SA has opened 24 Yogen Früz stores in Chile to date and is scheduled to open 5 other
stores in Chile before year's end, with further expansion in that country. The
master franchisee will be developing the two new markets under the names Fruzco
Argentina and Fruzco Peru.

"Fruzco Chile has put us firmly on the map in Chile, and we have every confidence
that they will have the same success in Argentina and Peru," said Aaron Serruya,
President of Yogen Früz. "Argentina in particular is a very strong market with one
of the highest gross domestic products per capita in Latin America and the 23rd
largest total national GDP in the world, not to mention the über-cosmopolitan Buenos
Aires. We needed a strong territory developer to introduce our brand in these
countries, and Fruzco Chile was the logical choice with their experience in South
America."

The Yogen Früz menu is highlighted by "Blend It," a create-your-own combination of
low-fat, non-fat or no-sugar-added frozen yogurt and a choice of 16 varieties of
flash-frozen fresh fruit that is mixed in the company's proprietary machines while
customers watch.

Customers also have a "Top It" option consisting of plain yogurt with a choice of 18
toppings from fresh fruits to granola, carob chips and Cap'n Crunch. Other menu
items include dairy and non-dairy smoothies, fresh fruit cups, and parfait-style
breakfast yogurt layered with fresh berries.

About Yogen Früz
Yogen Früz is a world leader in the frozen dessert category, with 1,100 locations
operating in over 20 countries. Yogen Früz pioneered the frozen yogurt category in
Canada when it opened its first store in 1986. It remains a category leader with
its broad menu, unique blending system, added probiotic cultures, distinctive store
design and more than two decades of global operation.

Web Site: http://www.yogenfruz.com

Contact Details: 210 Shields Court, Markham, Ontario, L3R 8V2