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Corporate Profile for Colors on Parade, Inc., dated August 7, 1998

7 August 1998

Corporate Profile for Colors on Parade, Inc., dated August 7, 1998


   Business Editors                                                           
                                                                              
	   --The following Corporate Profile is available 
for inclusion in your files.  News releases for this client are 
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Published Date:   August 7, 1998
                                                                              
Company Name:     Colors on Parade, Inc.
                                                                              
Address:          5201 Brook Hollow Parkway, Suite A
                  Norcross, GA  30071
                                                                              
Main Telephone
 Number:          800/7-COLORS or 770/368-4112
                                                                              
Internet Home 
 Page Address
  (URL)           www.colors.net

Chief Executive                                                               
 Officer:         Timothy Galfas
                                                                              
Chief Financial                                                               
 Officer:         Chris Kopp

Public Relations
 Contact:         Davina K. Brewer
 Business number: 770/368-4112 ext. 238
                                                                              
Industry:         Automotive / Franchisor

                                                                              
   Company description: A leader in on-site automotive restoration 
services, Colors on Parade is the parent organization for more than 
300 franchises nationwide.  Specializing in scratch repair and spot 
blending, Colors on Parade franchisees work on site for new and used 
car dealers in 20 states coast to coast.
	   
	  Company Growth: Since 1992, annual revenues have increased from 
$2.3 to more than $15 million, adding more than 150 new franchises 
since January 1996.  In May 1998, Colors on Parade opened its new, 
state-of-the-art research and training facility in Conway, SC.

	   Leadership:
          Robert Lowery, Founder
          Timothy Galfas, President and CEO

	   Corporate Headquarters:
          5201 Brook Hollow Parkway, Suite A
          Norcross, GA  30071
          (800) 7-COLORS
          (770) 368-4112

	   On the Web:  www.colors.net

	   Honors:
	   
	         -- Robert Lowery, 1998 Franchise of the Year, Entrepreneur 
             Success Award, South Carolina U.S. Small Business 
             Administration
	         -- Entrepreneur's 103 Fastest Growing Franchises, 
             February 1998
	         -- Entrepreneur's Top 500 Franchises, January 1998
          -- Business Start-Ups Homebased Franchise 200, March 1998
          -- Business Start-Ups Top 100 Low-Investment Franchises,
             May 1998
          -- Colors on Parade, Franchisor of the Year, Fourth Annual
             Franchise Symposium, Southeast Franchise Forum, 
             May 1998
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