28.12.2005 13:30:00
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ARAMARK Expands Partnership With Airbus Deutschland; Relationship Marks Company's Largest German Account
For the past 10 years, ARAMARK has provided food service at theAirbus fuselage manufacturing facility in Nordenham. With the expandedrelationship, ARAMARK will hire approximately 140 employees to serveAirbus operations in Hamburg Finkenwerder, Hamburg Fuhlsbuttel, Stade,Varel, Bremen and Buxtehude. Previously, Airbus Deutschland's foodservice operations at these locations were managed by a combination ofin-house capabilities and an outside food service provider.
"We are proud to be in a position to expand our relationship withsuch a respected global employer," said Ravi Saligram, President ofARAMARK International. "As one of the largest food services companiesin Germany, we believe ARAMARK is well positioned to meet AirbusDeutschland's need for integrated single-source food servicemanagement - from business dining services to conference services toevent catering and vending."
ARAMARK will update five business dining facilities including newmenus, and stations that provide employees with made to order foodoptions. The vending program will receive new machines, stocked withbrand-name snack offerings, and the shops and stores will undergo aredesign offering a new selection of popular brand items. ARAMARK alsois planning events for Airbus employees to launch the new food serviceprogram.
"ARAMARK's German management team developed an innovative,quality-based strategy to support Airbus Deutschland's goal forcreative employee dining and superior food products," Saligram said.
About Airbus
A leading aircraft manufacturer with the most modern andcomprehensive product line on the market, Airbus is a global companywith design and manufacturing facilities in France, Germany, the UK,and Spain as well as subsidiaries in the U.S., China and Japan. InMoscow it has a regional office, as well as technical representationproviding on-the-spot airline support. Headquartered in Toulouse,France, Airbus is an EADS joint Company with BAE Systems and has aworldwide workforce of 55,000 employees.
About ARAMARK International
Operating abroad since 1967, ARAMARK has 70,000 employees servingclients in 19 countries outside of the United States. ARAMARKInternational provides food, refreshment, facility and other supportservices for thousands of clients, including businesses, schools anduniversities, health care institutions, senior living centers andsports and entertainment facilities.
About ARAMARK
ARAMARK Corporation is a world leader in providing award-winningfood and facilities management services to health care institutions,universities and school districts, stadiums and arenas, andcorporations, as well as providing uniform and career apparel. ARAMARKwas ranked number one in its industry in the 2005 FORTUNE 500 surveyand was also named one of "America's Most Admired Companies" byFORTUNE magazine in 2005, consistently ranking since 1998 as one ofthe top three most admired companies in its industry as evaluated bypeers. Headquartered in Philadelphia, ARAMARK has approximately240,000 employees serving clients in 20 countries. Learn more at thecompany's Web site, www.aramark.com
Forward-Looking Statements
Forward-looking statements speak only as of the date made. Weundertake no obligation to update any forward-looking statements,including prior forward-looking statements, to reflect the events orcircumstances arising after the date as of which they were made. As aresult of these risks and uncertainties, readers are cautioned not toplace undue reliance on any forward-looking statements included hereinor that may be made elsewhere from time to time by, or on behalf of,us.
This press release includes "forward-looking statements" withinthe meaning of the Private Securities Litigation Reform Act of 1995that reflect our current views as to future events and financialperformance with respect to our operations. These statements can beidentified by the fact that they do not relate strictly to historicalor current facts. They use words such as "aim," "anticipate," "areconfident," "estimate," "expect," "will be," "will continue," "willlikely result," "project," "intend," "plan," "believe," "look to" andother words and terms of similar meaning in conjunction with adiscussion of future operating or financial performance.
These statements are subject to risks and uncertainties that couldcause actual results to differ materially from those expressed orimplied in the forward-looking statements. Factors that might causesuch a difference include: unfavorable economic conditions;ramifications of any future terrorist attacks or increased securityalert levels; increased operating costs, including labor-related andenergy costs; shortages of qualified personnel or increases in laborcosts; costs and possible effects of further unionization of ourworkforce; currency risks and other risks associated withinternational markets; risks associated with acquisitions, includingacquisition integration issues and costs; our ability to integrate andderive the expected benefits from our recent acquisitions;competition; decline in attendance at client facilities;unpredictability of sales and expenses due to contract terms andterminations; the impact of natural disasters on our sales andoperating results; the risk that clients may become insolvent; thecontract intensive nature of our business, which may lead to clientdisputes; high leverage; claims relating to the provision of foodservices; costs of compliance with governmental regulations andgovernment investigations; liability associated with noncompliancewith governmental regulations, including regulations pertaining tofood services, the environment, the Federal school lunch program,Federal and state employment and wage and hour laws and import andexport controls and customs laws; dram shop compliance and litigation;contract compliance and administration issues, inability to retaincurrent clients and renew existing client contracts; determination bycustomers to reduce their outsourcing and use of preferred vendors;seasonality; and other risks that are set forth in the "Risk Factors,""Legal Proceedings" and "Management Discussion and Analysis of Resultsof Operations and Financial Condition" sections of and elsewhere inARAMARK's SEC filings, copies of which may be obtained by contactingARAMARK's investor relations department via its websitewww.aramark.com.
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