(1888PressRelease)
June 08, 2007 - Jumpsters Entertainment Sets Stage For National Expansion Chuck E' Cheese (NYSE:CEC) Contact Sets Stage for Entry into New York and Washington Markets
ALPHARETTA, Georgia - Jumpsters Entertainment, LLC announced plans for national expansion of "Neighborhood Cafe" concept which incorporates hybrid retail childrens active entertainment centers and cafe's within retail centers into New York and Washington markets. Contact with Chuck E' Cheese (NYSE:CEC) and other undisclosed parties has set stage for capital earmarked for final Atlanta market trials and early stage investment in smaller prototype conducive for neighborhood setting.
Mark Baule, Chief Executive Office stated that "Jumpsters Entertainment has created a market niche that not only makes being active fun, but also brings mom and dad along for the ride in a Neighborhood Cafe' and Eatery setting. Our ability to incorporate active entertainment and a play cafe' in 5,500 square feet represents a significant financial and operational advantage over warehouse and expensive mall area locations with the core focus of video games. We believe this opportunity represents a natural expansion for Chuck E' Cheese, with their proven ability to manage large numbers of children with some incorporation of indoor play structures. "
Jumpsters focus on "Active Entertainment" versus exclusively electronic and video gaming, has exposed a critical issue impacting today and tomorrows youth. According to the Unites States Government Accountability Office and Department of Health and Human Services, issues related to childhood obesity have cost the US $35B since 2005. HHS also estimates that "20% of children and youth in the United States will be obese by 2010."
Baule cites "location accessibility" as a critical component to making healthy lifestyle activities close to families with children. Our vision of creating an active and safe place for children and families is paramount as we seek partners for our expansion to shopping centers across the US."
Jumpsters Entertainment, LLC a division of Southeast Equity Partners operates hybrid active entertainment centers and cafes' located within neighborhood settings.
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