CHARLOTTE, NC--(Marketwire - March 11, 2013) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer Holdings" or the "Company"), a minority owner in the privately held parent company of the Hooters® brand, Hooters of America, and a franchisee of international Hooters restaurants, has hired Dian Griesel Inc. (DGI) to serve as its investor relations and public relations agency. DGI's investor and public relations teams will work toward the objective of increasing investor and public awareness of Chanticleer Holdings' plans to develop the Hooters brand in international emerging markets.
"Chanticleer Holdings is focused on expanding the Hooters casual dining restaurant brand in a variety of emerging markets worldwide, and building on the successes we have achieved to date in South Africa, Australia, Brazil, and Hungary," said Mike Pruitt, CEO of Chanticleer Holdings. "As we continue to explore and develop these markets and expand our opportunities in regions such as Eastern Europe, we know that conveying the unique appeal of the Hooters brand, both to potential investors and potential customers, will be key to our success. We believe that we have a compelling investment thesis for investors and an exciting story to share with the media, and we look forward to leveraging DGI's experience, relationships and expertise."
DGI is a full-service corporate communications firm providing the equivalent of "large-cap" investor relations and public relations services to smaller emerging growth companies. Always budget-conscious, its carefully planned programs blend the best of traditional strategies with the opportunities of new media.
About Chanticleer Holdings, Inc.
Chanticleer Holdings (HOTR) is focused on expanding the Hooters® casual dining restaurant brand in international emerging markets. Chanticleer currently owns in whole or part of the exclusive franchise rights to develop and operate Hooters restaurants in South Africa, Hungary and parts of Brazil, and has joint ventured with the current Hooters franchisee in Australia, while evaluating several additional international opportunities. The Company currently owns and operates in whole or part of six Hooters restaurants in its international franchise territories: Durban, Johannesburg, Cape Town and Emperor's Palace in South Africa; Campbelltown in Australia; and Budapest in Hungary.
In 2011, Chanticleer and a group of noteworthy private equity investors, which included H.I.G. Capital, KarpReilly, LLC and Kelly Hall, president of Texas Wings Inc., the largest Hooters franchisee in the United States, acquired Hooters of America, a privately held company. Today, Hooters of America is an operator and the franchisor of over 430 Hooters® restaurants in 28 countries. Chanticleer maintains a minority ownership stake in Hooters of America and its CEO, Mike Pruitt, is also a member of Hooters' Board of Directors.
Any statements that are not historical facts contained in this release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Many factors could cause our actual activities or results to differ materially from the activities and results anticipated in forward-looking statements. These factors include those described in the companies' filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.
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