PITTSBURGH, Penna.--(BUSINESS PR)--Mar. 1, 2002--

First API location selected in White Oak Borough/Pittsburgh

In a substantial move to advance its Master Franchising program in the state, the AGIO Pizza, Inc. has confirmed that it signed its first acknowledged "hand money" agreement to lease a site in the White Oak suburb of Greater Pittsburgh.

"The first location is key to launching the concept that has taken 6-years to develop," said Stan Hanko, Chairman and CEO of AGIO Pizza, Inc. (www.AGIOPizza.com). "We are pleased that our innovative Master Franchising system has now officially stepped off the virtual drawing board into the real business world. We think this is a significant step toward growing a statewide market in Pennsylvania, and for AGIO Pizza to launch its product concept in the highly competitive Pennsylvania [pizza] market."

This first API store (2,140-s.f.) is located in the Rainbow Village Shopping Center, 1985 Lincoln Way, White Oak, PA 15131, and was formerly leased to Luciano's, which was quite successful at this location.

The API action is significant in that it has the potential to greatly streamline the process for bringing pizza from being the most popular "slow food"(18-23 minutes of cooking time) in the "fast food" market to the forefront of being truly FAST FOOD. API's site selection standards and methods essentially reduces the site review process from, at times, upward of several months (by avoiding both costly external equipment procurement requirements and extensive site-by-site utility analysis) to a targeted 2-to-3-week process with very significant cost savings.

AGIO Pizza CFO/CMO Russell Scoville said, "We are going raise the velocity of money to a new level by converting small chains of existing, barely profitable resturaunts into our AGIO Pizza restaurant mode. It should create a fistful of money for our investors and Master Franchisors."

About AGIO Pizza
AGIO Pizza, Inc. (www.AGIOPizza.com) is the producer of high profit potential Master Franchises. Incorporated in 2001, AGIO Pizza is an all electric, rapid cook & rapid serve pizza retailing concept, the result of more than six years of focused research. So far AGIO Pizza has reviewed 45 locations, in 4-states and 3 countries and is accepting both investor and Master Franchising inquiries worldwide.

This press release contains "forward-looking statements," as that term is used in the federal securities laws, about AGIO Pizza's business, such as the effect of the resolution of grid interconnection issues on the growth and rapid implementation of AGIO Pizza Master Franchising solutions. These forward-looking statements are subject to numerous assumptions, risks and uncertainties that may cause AGIO Pizza's actual results to be materially different from any future results expressed or implied in such statements. These risk factors will
eventually be identified, among other places, under "Business Risks" in AGIO Pizza's anticipated SEC Reg. D filing. AGIO Pizza cautions you not to place undue reliance on these statements, which speak only as of the date of this release. AGIO Pizza undertakes no obligation to release any revisions to such statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

CONTACT:

AGIO Pizza, Inc.

Stanley J. Hanko, 1-888-339-4164
EM: SHanko@AGIOPizza.com

or

Russell H. Scoville, MBA, 1-888-339-4164 (Investor Media)
EM: RScoville@AGIOPizza.com

or

Russell H. Scoville, MBA, 1-888-339-4164 (General Media)
EM: RScoville@AGIOPizza.com

or

Keith Brinksman, 1-888-339-4164 (Master Franchising)
EM: KBrinksman@AGIOPizza.com

KEYWORD: MASTER FRANCHISING

BPR1172 MAR 4, 2002

13:00 PACIFIC

16:00 EASTERN

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