**NEWS**
Tuesday November 24, 8:50 am Eastern Time
Company Press Release
SOURCE: Restaurant Teams International, Inc.
Restaurant Teams International, Inc. Announces Fourth Street Talk
Location to Open Soon
LONGVIEW, Texas, Nov. 24 /PRNewswire/ -- Restaurant Teams International, Inc. (OTC Bulletin Board: RTIN - news) reported today that the Company has
closed on the previously announced acquisition of Zeke's Grill in Addison, Texas. The Company is currently in the process of converting this location to another
Street Talk Cafe with an anticipated opening in December 1998.
Stanley L. Swanson, Chief Executive Officer stated: ''The Addison, Texas location is an excellent choice, and should affirm what we are looking for in respect to
visibility and overall demographics to capture our market share in the Dallas Metroplex.''
The Addison restaurant is a 5,000 square foot, 170-seat restaurant and dining adventure. The design elements of the restaurant convey a historic 1890's and western
atmosphere and utilize distinct concept elements to provide guests with a superior ''total dining'' experience.
Dining rooms feature memorabilia of the eras. This makes dining at Street Talk a true event and helps the concept deliver greater value by offering an interesting and
entertaining environment. The restaurant features an assortment of casual dining menu items for the entire family including steaks, pastas, pizzas, salads, signature
sandwiches and delectable desserts
Curtis Swanson Chief Financial Officer further commented, ''I am very excited about the growth of the Street Talk concept and the position we are taking with
respect to acquisitions. The Company has been positioning itself over the past months as a multi concept restaurant holding Company. The internal growth as well as
the acquisition of the Old San Francisco Steak House chain are designed to increase public awareness and enhance shareholder value.''
Restaurant Teams International, Inc. is the developer of the Fresh'n Lite Cafe & Grill and Street Talk Cafe concepts. Both concepts are full service, casual dining
operations that feature a variety of your favorite foods along with many choices of non-fat and low fat menu items without sacrificing taste, service, value, or
atmosphere.
This press release contains forward looking statements, which are generally preceded by word such as ''believes'', ''expects'', ''anticipates'', or ''intends''. Such
statements are subject to risks and uncertainties, including but limited to competitive conditions, weather, real estate zoning and permitting complications and general
conditions in the restaurant market.
SOURCE: Restaurant Teams International, Inc. |
