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/