Red Mango Celebrates Record Growth in 2011

- Agreements for 70+ domestic locations and three new states

- International expansion awarded for Mexico

- Master license agreements with HMSHost and ARAMARK

- Partnerships with NCAA Division I athletic programs

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Jan 05, 2012, 09:00 ET

DALLAS, Jan. 5, 2012 /PRNewswire/ -- Red Mango, the #1 Zagat-rated frozen yogurt and smoothies chain in America, enjoyed a record year for franchise development in 2011.

The company awarded agreements for more than 70 new domestic locations, expanded the chain from 102 to 151 open stores, and added the states of Connecticut, South Dakota and Tennessee to the roster for stores in development.

Growth in North America also included the first international development agreement for Red Mango. Under an exclusive arrangement, Cinemex, a leading national chain with 184 movie theaters operating across Mexico, will develop and open Red Mango stores in Mexico starting in 2012.

The yogurt and smoothie retailer also awarded master license deals to foodservice operators HMSHost and ARAMARK in 2011. When combined with existing agreements with Sodexo and Compass, Red Mango now has relationships with four of the world's major food service operators to develop an undisclosed number of additional Red Mango locations throughout the United States.

Red Mango also teamed up with two NCAA Division I athletic programs in 2011, building on its reputation for being the healthiest in its category. The company now serves its signature smoothies to athletes at Baylor University in Waco, Texas, and its award-winning frozen yogurt to Mizzou athletes in Columbia, Mo.

"It was an incredible year, building on our national success, solidifying our first international agreement, championing our healthy position in the industry and awarding deals that will continue to deliver the Red Mango brand to a growing audience," said Barry M. Barron, Sr., CEO of Red Mango.

Red Mango credits the achievements to consumers who want healthier food options as well as business owners who want to be associated with a sophisticated frozen yogurt brand. In addition to being named the number #1 smoothie and yogurt chain in America and #1 for healthy options in Zagat's 2011 National Chain Restaurants Survey, Red Mango was named one of the "10 Promising Franchises of 2011" by Inc.com.

Red Mango is currently awarding franchise opportunities in select markets nationwide. More information is available at www.redmangofranchising.com.

About Red Mango:

Red Mango, one of the fastest growing retailers of all-natural nonfat frozen yogurt and fresh fruit smoothies, opened its first U.S. store in July 2007 in Los Angeles, and has since celebrated more than 150 store openings across the U.S. Red Mango was named the number one smoothie and frozen yogurt chain in America in Zagat's 2011 National Chain Restaurants Survey. Other awards have included the prestigious Nation's Restaurant News' "Hot Concepts!" award and the industry-recognized SupplySide's "Scientific Excellence Award," as well as best frozen yogurt honors in Los Angeles, Seattle, Las Vegas, Chicago, Utah and New York by highly-regarded independent publications. Headquartered in Dallas, Red Mango serves uniquely delicious frozen yogurt that is all-natural, nonfat and lowfat, gluten-free and packed with beneficial live and active probiotic cultures like GanedenBC30(Bacillus coagulans GBI-30, 6086), which helps support a healthy immune and digestive system when consumed as part of a balanced diet and healthy lifestyle. Red Mango is the first frozen yogurt retailer to earn the National Yogurt Association's Live and Active Cultures seal for meeting the required criteria for healthy frozen yogurt. Red Mango recently expanded its menu to include satisfying meal options such as its all-natural made-to-order fruit and yogurt parfaits and fresh fruit smoothies, and also introduced the world's first all-natural probiotic iced teas that are hand-shaken to order.