Healthy Vending International, Inc. (OTC
Markets: VEND), North America's leading healthy vending franchisor,
today announced that the February 2014 issue of Entrepreneur Magazine
has ranked Fresh Healthy Vending as tied for 67th among
fastest growing companies in the U.S. and Canada, who are named in
Entrepreneur's 2014 Franchise 500.
According to Entrepreneur Magazine, the companies on this year's list
are ranked based on growth in number of open and operating U.S. and
Canadian units from July 31, 2012 - July 31, 2013, with any ties listed
"Being ranked by Entrepreneur Magazine in the fastest-growing companies
category, alongside other leading entrepreneurial companies doing
significant franchise business throughout North America, is a testament
to our committed, strong business model and the rapidly expanding trend
of healthy vending," said Alex Kennedy, CEO of Fresh Healthy Vending.
"We attribute this ranking to our steadfast dedication to ensuring that
each franchisee is equipped, educated and supported with the resources
needed to build a successful and sustainable franchise."
The distinction comes as Fresh Healthy Vending, earlier this month,
reported that December 2013 was the strongest sales month of the year.
The company reported that it sold 80 machines and added five new
franchisees as new government standards are being put in place to
mandate healthy snacks in schools. To date, Fresh Healthy Vending boasts
over 210 franchises sold throughout the United States, Canada, Puerto
Rico and the Bahamas.
"With regular product innovation, the increasing expansion of our
corporate owned operations division, and new federal healthy snacking
laws being mandated for schools throughout the U.S., we are experiencing
increased interest from current and new franchisees; we hope to be well
within the top 50 fastest growing companies at this time next year,"
For more information on Fresh Healthy Vending, the Franchise Program, or
to receive a free healthy vending machine in your school or business,
or call toll free 888-902-7558.
About Fresh Healthy Vending
Fresh Healthy Vending, based in San Diego, California, is North
America's leading healthy vending franchisor. Fresh Healthy Vending
pioneered the concept of vending machines stocked with tried-and-tested
fresh, healthy snack options and capitalizes on a growing market of
health conscious consumers. The company has sold more than 210
franchises throughout the United States, Canada, Puerto Rico and the
Bahamas and is looking to partner with like-minded entrepreneurs who
share its vision.
The company offers three different machines: The Healthy Vending Combo
snack and drink machine, Healthy Vending Café that brews gourmet hot
beverages in less than 40 seconds, and the brand new Healthy Vending
Touch-the only 46" 3D interactive touch screen vending machine.
The company has more than 2,300 machines installed in schools,
universities, hospitals, community centers, military bases, airports,
fitness facilities, YMCAs, libraries and many other types of locations.
Fresh Healthy Vending believes that it is currently the only vending
company providing a comprehensive integrated business model that:
Fresh Healthy Vending's stock is traded through the OTC
Markets, Symbol: VEND.
Cautionary note on forward-looking statements
Except for historical information contained in this release, statements
in this release may constitute forward-looking statements regarding
assumptions, projections, expectations, targets, intentions or beliefs
about future events that are based on management's belief, as well as
assumptions made by, and information currently available to, management.
While the Company believes that expectations are based upon reasonable
assumptions, there can be no assurances that goals, results and strategy
will be realized. Numerous factors, including risks and uncertainties,
may affect actual results and may cause results to differ materially
from those expressed in forward-looking statements made by the Company
or on its behalf. In addition to statements which explicitly describe
risks and uncertainties, readers are urged to consider statements
labeled with such terms as "believes," "belief," "expects," "intends,"
"feels," "anticipates," or "plans" to be uncertain and forward-looking.
More detailed information on these and additional factors that could
affect Fresh Healthy Vending's actual results are described in Fresh
Healthy Vending's filings with the Securities and Exchange Commission,
including its most recent annual report on Form 10-K for the fiscal year
ended June 30, 2013 and those referenced in its Form 10-Q filed for the
quarterly period ended September 30, 2013. All forward-looking
statements in this news release speak only as of the date of this news
release and are based on Fresh Healthy Vending's current beliefs and
expectations. Fresh Healthy Vending undertakes no obligation to update
or revise any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required by law.
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