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SZ Worldwide Restaurant Concepts

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Share Name Share Symbol Market Type
Worldwide Restaurant Concepts NYSE:SZ NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Worldwide Restaurant Concepts, Inc. Announces Opening of First Sizzler Restaurant in Beijing

10/02/2005 6:11pm

PR Newswire (US)


Worldwide Restaurant Concepts (NYSE:SZ)
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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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