Red Mango Launches National Aggressive Expansion Plan

National Frozen Authentic Yogurt Chain Schedules Franchise Growth Information
Seminars Open House Events in Dallas, New York for Potential Franchisees
DALLAS--(Business Wire)--
Red Mango, one of the most popular and fastest-growing retailers of authentic
nonfat frozen yogurt has announced national expansion plans, beginning in
Dallas-Fort Worth, and New York. Red Mango plans to open as many as 550
locations across the country over the next five years, with a franchise system
that is attracting multiple-concept franchisees, successful business
entrepreneurs and first time business owners as potential franchisees to join
the brand.

To launch the aggressive campaign and to accommodate the inquires, the company
will host a series of Franchise Growth Information Seminars beginning in New
York on May 4 and Dallas on May 11. The news follows the recent opening of the
Red Mango Franchising Company in Dallas to support the brand`s national
expansion from a central U.S. location.

Red Mango grew to more than 40 stores across the U.S. in 2008. James Franks,
vice president of franchising, says Dallas-Fort Worth and New York are prime
markets for the next stage of the brand`s growth.

"Despite the economy, we`re experiencing the strongest franchise growth in our
company`s history," Franks said. "And our commitment to enter and expand in
these markets with the right franchisee is already supported with our new
franchise offices in Dallas. We will double the size of our franchise network
this year, and our efforts in these target markets will be instrumental to that
success."

Following Dallas-Fort Worth and New York, events are in development for Seattle
and Los Angeles. Red Mango has alreadyopened five stores in the greater-Seattle
market, attracting a huge following and creating demand for more growth. The
company currently has nine stores in the Los Angeles areaand ten stores in New
York and plans to add to that success. The first Dallas-Fort Worth location is
expected to open later this year.

"These events are designed to offer local entrepreneurs and potential
franchisees a chance to meet members of the Red Mango management team and hear
more about the company`s expansion plans and franchise opportunities," said
Franks.

Interested investors can register for upcoming events and confirm exact
locations and times at www.redmangofranchising.com.

About Red Mango:

Founded in 2002 in South Korea, Red Mango opened its first U.S. store in July
2007 in Los Angeles and has since celebrated more than 40 store openings across
California, New York, Washington, Illinois, Hawaii, New Jersey, Nevada and Utah.
Headquartered in Sherman Oaks, Calif., Red Mango serves uniquely delicious
frozen yogurt that is all-natural, nonfat, gluten-free and packed with
beneficial live and active probiotic cultures. Red Mango`s frozen yogurt has
been certified by the National Yogurt Association`s Live and Active Culture Seal
for meeting the required criteria for healthy frozen yogurt. Red Mango is a
portfolio company of CIC Partners, headquartered in Dallas, one of the premier
mid-market private equity firms in the nation. For more information about Red
Mango, please visit www.redmangousa.com.

Franchise Information:

The Red Mango Franchising Company is based in Dallas, Texas, and supports the
franchise development of Red Mango. Franchise information is available at
www.redmangofranchising.com or by contacting 214-871-6865.

For Red Mango
Leah Templeton, 972-728-1449
leah@bizcompr.com

Copyright Business Wire 2009