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Publix Super Markets Invests in Crispers

LAKELAND, Fla., Aug. 8, 2002 - Publix Super Markets Inc. has made an equity investment in Crispers LLC, a Florida restaurant company that targets the health-conscious customer with a broad variety of salads, sandwiches and soups in a quick-serve format.

Publix CEO Charlie Jenkins Jr. said, "We recognize the growth potential of Crispers and the fact that both companies share similar values for the highest quality service and products."

"We are excited about the Publix investment and what it means for our business," said Crispers CEO Warren Shatzer. "We look forward to an ongoing relationship with Publix that will benefit both companies."

Based in Lakeland, Fla., Crispers was founded in 1989 by President Bill Whitaker and his wife, Vanessa. The company operates 13 locations in Bartow, Bonita Springs, Clermont, Lakeland, Orlando, Sarasota, Tampa and Winter Haven. Crispers' strategic plan calls for opening nine additional store locations during the next twelve months and at least one each month thereafter. For more information, visit the company's Web site, www.crispers.com.