Brooke (AMEX:BXX)
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Brooke Franchise Corporation Announces May Franchise Additions
OVERLAND PARK, Kan., June 14 /PRNewswire-FirstCall/ -- Shawn Lowry, President
of Brooke Franchise Corporation, a subsidiary of Brooke Corporation (AMEX:BXX),
announced selected May 2005 results.
Lowry announced that Brooke Franchise Corporation assisted franchisees and
others in the acquisition of businesses in the states of Arizona, Georgia,
Kansas, Missouri, Nevada, New Mexico, Ohio, Pennsylvania, Texas, Utah and
Virginia. Lowry stated, "Primarily as a result of converting business
acquisitions into franchises and the start up of new franchises, Brooke
Franchise Corporation added 16 new franchise locations in May and received
approximately $3,095,000 in initial franchise and consulting fees." To help
observers put the May expansion into perspective, Lowry noted that an average
of 14 new franchise locations were added each month in the prior 12 months
resulting in an average of approximately $2,100,000 in initial franchise and
consulting fees in each of these months.
About our company ... Brooke Franchise Corporation is a subsidiary of Brooke
Corporation (AMEX:BXX) that distributes insurance, financial, and funeral
services through a network of more than 420 franchise locations. The Brooke
organization was founded on the belief that local business owners distribute
insurance and related services more efficiently than others if supported by a
franchise system.
Contact ... Anita Larson, Brooke Corporation, or 913-661-0123.
Email Distribution ... To receive electronic press release alerts visit the
"Investor Relations" section of the Brooke Corporation website at
http://www.brookecorp.com/ and subscribe to our "Email Alerts" on-line.
This press release may contain forward-looking statements. Investors are
cautioned that all forward-looking statements involve risks and uncertainties,
and several factors could cause actual results to differ materially from those
in the forward-looking statements. The following factors, among others, could
cause actual results to differ from those indicated in the forward-looking
statements: the uncertainty that the Company will achieve its short-term and
long-term profitability and growth goals, uncertainties associated with market
acceptance of and demand for the Company's products and services, the impact of
competitive products and pricing, the dependence on third-party suppliers and
their pricing, its ability to meet product demand, the availability of funding
sources, the exposure to market risks, uncertainties associated with the
development of technology, changes in the law and in economic, political and
regulatory environments, changes in management, the dependence on intellectual
property rights, and the effectiveness of internal controls. Investors are
directed to Brooke Corporation's most recent annual, quarterly and current
reports, which are available from Brooke Corporation without charge or at
http://www.sec.gov/ , for a more complete description of Brooke's business.
DATASOURCE: Brooke Corporation
CONTACT: Anita Larson of Brooke Corporation, +1-913-661-0123,
Web site: http://www.brookecorp.com/