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Orbit Drop Signs Ex-NFL Football Player Kevin Wolcott as Franchisee for eBay Drop-off Store in Tennessee

Business Wire, July 14, 2005

DALLAS -- Orbit Drop, Inc. (Pink Sheets:OBDP), a franchisor of retail eBay drop-off stores, announced today that it has granted a franchise to Kevin Wolcott in Crossville, Tennessee. Mr. Wolcott, drafted to NFL's Tennessee Titans in 2003 as a wide receiver, has decided not to continue his football career and open an Orbit Drop franchise store instead. When asked why he made this decision he stated, "I know Orbit Drop puts me in a position to be successful and that is my goal. I heard great things about Orbit Drop, researched the business and its competitors, and did the necessary due-diligence. It is exciting to get approved, sign, and finally get started."

Mr. Wolcott will be ready to open his store at some point in the next month. "We welcome Kevin to the Orbit Drop family. He is a strong, business-minded individual who will flourish as a leader in the eBay drop-off market," said Kilay Reinfeld, President of Orbit Drop, Inc., "We wish him great success in his new endeavor and will support him through every step of the way."

About Orbit Drop:

Orbit Drop, Inc. is a franchisor of retail eBay (Nasdaq:EBAY) drop-off stores. Orbit Drop franchise locations offer an easy and convenient way to sell items online. The concept is a store where people come to make money, not spend it. Orbit Drop stores handle the entire selling process whether it is one or many items, a small piece of jewelry, a car or a house. The talented and trained staff in each store know exactly how and when to list items to achieve the best sales price. A customer provides Orbit Drop with an item; Orbit Drop researches the value, cleans, takes several photos, lists on eBay, answers buyer questions, processes payment, packs and ships the item then mails a check to the seller.

For more information about Orbit Drop, Inc. visit www.orbitdrop.com.

Matters discussed in this press release are "forward-looking" statements. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated.

The information provided on this release should not be construed as an offer of a franchise. Offers of franchises may only be made by delivery of a franchise offering circular (prospectus), and in certain states the offering circular must first have been registered with a state agency that regulates the offers and sales of franchises. The franchise is presently not being offered in the following states: California, Illinois, Maryland, Minnesota, New York or Virginia.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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