Tuesday May 26, 9:58 am Eastern Time
Company Press Release
Eat At Joe's Ltd. Opens Unit at Philadelphia International Airport
CHERRY HILL, N.J.--(BUSINESS WIRE)--May 26, 1998--Eat At Joe's Ltd. (OTC BB: JOES - news) announced the opening of its Philadelphia International Airport unit on Saturday, May 23, 1998.
The company stated that, ''The Philadelphia International Airport unit's initial revenues exceeded preliminary projections and the company feels confident that the shareholders will be extremely pleased with the unit's sales and profitability.''
The company anticipates the opening of its first full-service sit-down unit at University City by mid June 1998 and is planning to open the Gallery at Market East unit before the end of the second quarter ending June 30, 1998.
Eat At Joe's is a diversified restaurant organization initially building a new chain of 1950's style diners featuring quality, home-cooked American meals at affordable prices in an appealing and fun atmosphere.
Except for historical matters contained herein, the matters discussed in this press release are forward-looking statements and are pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements reflect assumptions and involve risks and uncertainties which may affect Eat At Joe's Ltd.'s business and prospects and cause actual results to differ materially from these forward-looking statements.
For further information, please contact:
The Wall Street Group Inc. World Vision Financial Group 32 E. 57th St. 238 Wilshire Blvd., Suite 149 New York, N.Y. 10022 Casselberry, Fla. 32707 212/888-4848 888/345-6060
Attn: Ron Stabiner Attn: Orville Baldridge
vice-president CEO
Eat At Joe's Ltd. 670 White Plains Road, Ste. 120 Scarsdale, N.Y. 10583 914/725-2700
Attn: Joseph Fiore, chairman & CEO
Visit the Eat At Joe's Website at: eatatjoesltd.com |