Worldwide Restaurant Concepts, Inc. Announces Opening of First Sizzler Restaurant in Beijing
11 2월 2005 - 3:11AM
PR Newswire (US)
Worldwide Restaurant Concepts, Inc. Announces Opening of First
Sizzler Restaurant in Beijing SHERMAN OAKS, Calif., Feb. 10
/PRNewswire-FirstCall/ -- Worldwide Restaurant Concepts, Inc.
(NYSE:SZ) today announced the opening of the first Sizzler
restaurant in China. The restaurant is the first of the restaurants
to be opened under the joint venture agreement with the Minor Food
Group Pcl, a subsidiary of Royal Garden Resorts Pcl, to develop
franchise opportunities for Sizzler restaurants in China. Sizzler
announced this joint venture on November 12, 2004. The restaurant,
located on 1st Floor, Sichuan Plaza Commercial Building, Beilishi
Road, Xicheng District opened on January 26, 2005. This location is
positioned on a high profile corner in a popular retail and
commercial area of Beijing. The restaurant features the famous
Sizzler Soup, Salad and Fresh Fruit Bar, exposed kitchen and a
modern western dining room ambience. A second Sizzler restaurant is
expected to open in Beijing on February 15, 2005. "The opening of
our first joint venture restaurant in China is an exciting time for
our brand. With the second restaurant soon to be open, we are
confident that we will see steady progress in China. We are well
ahead of our original plan which was to have two restaurants open
in the first twelve months. As I have stated previously, for
Sizzler, we feel this is a significant step in our on-going
international expansion," said Chuck Boppell, Chief Executive
Officer of Worldwide Restaurant Concepts. Royal Garden Resorts Pcl
is a leading Asia-Pacific hospitality and food service operator and
its subsidiary, The Minor Food Group, is Thailand's largest food
service operator with over 456 outlets system wide under many well
recognized brand names including Sizzler. About Worldwide
Restaurant Concepts Worldwide Restaurant Concepts, Inc. operates,
franchises or joint ventures 307 Sizzler(R) restaurants worldwide,
112 KFC(R) restaurants located primarily in Queensland, Australia,
and 22 Pat & Oscar's(R) restaurants. Additional information
about the Company can be found at http://www.wrconcepts.com/. To
the extent that certain statements contained in this document may
be deemed under federal securities laws to be forward-looking
statements, Worldwide Restaurant Concepts intends that they be
subject to the safe-harbor applicable to forward-looking statements
under such laws. AT THE COMPANY: Keith Wall Vice President and CFO
(818) 662-9800 Liz Baskerville Director, Planning (818) 662-9800 AT
FINANCIAL RELATIONS BOARD: Laurie Berman General Information (310)
854-8315 Tricia Ross Investor/Analyst Contact (617) 520-7064
DATASOURCE: Worldwide Restaurant Concepts, Inc. CONTACT: Keith
Wall, Vice President and CFO, +1-818-662-9800, or Liz Baskerville,
Director, Planning, +1-818-662-9800, both of Worldwide Restaurant
Concepts, Inc.; or Laurie Berman, General Information,
+1-310-854-8315, or Tricia Ross, Investor/Analyst, +1-617-520-7064,
both of Financial Relations Board, for Worldwide Restaurant
Concepts, Inc. Web site: http://www.wrconcepts.com/
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