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Noble Roman’s Adds Supermarket Veteran, Other Sales Talent for Accelerating Growth

INDIANAPOLIS, IN / ACCESSWIRE / June 30, 2015 / Noble Roman’s, Inc. (OTCQB: NROM), the Indianapolis based franchisor and licensor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs, today announced the hiring of a veteran supermarket executive with 40 years of industry experience as well as other additions that will enable the company to accelerate expansion in all three of its growth venues.

Frederick P. Ruehl joined Noble Roman’s as Vice President of Supermarket Development, Procurement and Distribution effective July 6, 2015. Mr. Ruehl has held numerous executive positions in the supermarket industry over the last 40 years. Most recently he was with CSM Bakery Solutions BakeMark Division where he was responsible for sales, marketing and control brands for 1,500 bakery/foodservice operations. Prior to that, Mr. Ruehl was Executive Director Service Deli/Bakery and Foodservice for Unified Grocers for eight years. Unified is a wholesale distributor with four distribution centers servicing 1,700 independently operated supermarkets. Among his other accomplishments while at Unified, Mr. Ruehl signed a Noble Roman’s Distribution Agreement for supplying Noble Roman’s Take-N-Bake Pizza out of the four Unified distributions centers. Prior to Unified, Mr. Ruehl held many other executive positions in the industry, including 13 years with SuperValu in various capacities including Director Bakery/Deli Category Management. Mr. Ruehl was also previously Senior Business Manager Bakery/Deli for Kroger West Divisions.

Scott Mobley, President and Chief Executive Officer, commented, “We are extremely fortunate to bring on board someone of Mr. Ruehl’s background, knowledge and experience who is well known throughout the industry.” Mr. Mobley continued, ” Fred to our existing experienced team should be a great addition to our already rapidly expanding supermarket take-n-bake pizza venue.”

Noble Roman’s also announced that it had recently hired Jeffery Hord to its sales staff to work on expansion for all three of its growth venues. Mr. Hord has many successful years of experience in sales. Mr. Hord is a graduate of Wabash College with a Bachelor of Arts degree in Economics and has a Master of Business Administration degree with distinction from Indiana Wesleyan University. In addition, Mr. Hord has completed many sales development training and certification courses over the past several years. Mr. Hord will be assisting in the sales effort of grocery store take-n-bake pizza, non-traditional franchises and traditional franchises.

Noble Roman’s also announced that it is in the process of engaging a well established national franchise broker to assist in accelerating franchise growth in its stand-alone take-n-bake franchise venue.

Mr. Mobley stated, “With these additions of industry talent, the company is now well positioned for accelerated growth in all three of its target venues as we push to increase the number of Noble Roman’s locations nationwide.”

About Noble Roman’s

Noble Roman’s, Inc. sells and services franchises and licenses for non-traditional foodservice operations under the trade names “Noble Roman’s Pizza,” “Noble Roman’s Take-n-Bake,” and “Tuscano’s Italian Style Subs.” The company has awarded franchise and/or license agreements in all 50 states plus Washington, D.C., Puerto Rico, the Bahamas, Italy, Canada and the Dominican Republic.

The statements contained in this press release concerning the company’s future revenues, profitability, financial resources, market demand and product development are forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) relating to the company that are based on the beliefs of the management of the company, as well as assumptions and estimates made by and information currently available to the company’s management. The company’s actual results in the future may differ materially from those projected in the forward-looking statements due to risks and uncertainties that exist in the company’s operations and business environment, including, but not limited to, competitive factors and pricing pressures, non-renewal of franchise agreements, shifts in market demand, the success of new franchise programs with limited operating history including the stand-alone take-n-bake locations, general economic conditions, changes in purchases of or demand for the company’s products, licenses or franchises, the success or failure of individual franchisees and licensees, changes in prices or supplies of food ingredients and labor, and dependence on continued involvement of current management. Should one or more of these risks or uncertainties materialize, or should underlying assumptions or estimates prove incorrect, actual results may differ materially from those described herein as anticipated, believed, estimated, expected or intended. The company undertakes no obligations to update the information in this press release for subsequent events.

FOR ADDITIONAL INFORMATION, CONTACT:

For Media Information: Scott Mobley, President & CEO 317/634-3377
For Investor Relations: Paul Mobley, Executive Chairman 317/634-3377
or Brett Maas, Hayden IR, 646/536-7331 or brett@haydenir.com

SOURCE:
Noble Roman’s, Inc.

ReleaseID: 430247

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