Chicago Pizza & Brewery Inc. Announces Nasdaq National Market Listing
Tuesday July 23, 6:01 am Eastern Time
Press Release
SOURCE: Chicago Pizza & Brewery Inc.
Chicago Pizza & Brewery Inc. Announces Nasdaq National Market Listing
HUNTINGTON BEACH, Calif
--(BUSINESS WIRE)--July 23, 2002--Chicago Pizza & Brewery Inc. (Nasdaq:CHGO - News) announced that its application for Nasdaq National Market listing was approved and will be effective immediately.
"Meeting the requirements of Nasdaq National Market listing is another significant milestone in our company's growth," remarked Paul Motenko, co-CEO. "We feel it is a reflection of the company's financial progress as well as our increased visibility in the investment community."
Chicago Pizza & Brewery operates 26 casual dining restaurants, some of which incorporate microbreweries. Sixteen of the BJ's restaurants are located in Southern California, one in Boulder, Colo., four in Oregon and one in Chandler, Ariz. In addition, the company operates four Pietro's restaurants in Oregon and has a BJ's licensing agreement with a restaurant in Lahaina, Maui. The company has six BJ's units currently under development: in Oxnard, Thousand Oaks and Cupertino, Calif. and in Lewisville, Webster and Addison, Texas.
BJ's restaurants offer customers moderate prices and tremendous value on an incredible menu that includes deep-dish Chicago-style pizza as well as sandwiches, salads, fabulous desserts, critically acclaimed hand-crafted beers and more. Visit Chicago Pizza & Brewery on the Web at bjsbrewhouse.com.
Certain statements in the preceding paragraphs that are not purely historical constitute "forward-looking statements" for purposes of the Securities Act of 1933 and the Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different from those projected or anticipated. Factors that might cause such differences include, but are not limited to: (i) the company's ability to manage growth and conversions, (ii) construction delays, (iii) restaurant and brewery industry competition and other such industry considerations, (iv) marketing and other limitations based on the company's historic concentration in Southern California, (v) consumer trends, (vi) increased food costs and wages, including, without limitation, the recent increase in the minimum wage, (vii) increased energy costs in California and (viii) other general economic and regulatory conditions.
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Contact:
Chicago Pizza & Brewery Inc., Huntington Beach
Paul Motenko, 714/848-3747, ext. 227
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