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Non-Tech : BJ's Restaurants Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Savant who wrote (810)	2/12/2002 8:07:39 PM
From: riposte	Read Replies (2) \| Respond to of 865

Chicago Pizza & Brewery Inc. Announces the Execution of a Lease On a Site in Thousand Oaks, Calif. Monday February 11, 4:32 pm Eastern Time Press Release SOURCE: Chicago Pizza & Brewery Inc. Chicago Pizza & Brewery Inc. Announces the Execution of a Lease On a Site in Thousand Oaks, Calif. HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Feb. 11, 2002--Chicago Pizza & Brewery Inc. (Nasdaq:CHGO - news; Nasdaq:CHGOW - news) today announced that it executed a lease on a site in Thousand Oaks, Calif. The site is approximately 8,700 square feet and is located in the North Ranch Center on Thousand Oaks Boulevard, just west of Westlake Boulevard. The company expects to open the restaurant during the summer of 2002. Paul Motenko, co-CEO stated: ``We have been looking for a site in the Thousand Oaks area for several years. There have been very few opportunities available in this very desirable market area, so we feel fortunate to have landed a site in such a prominent location.'' The Thousand Oaks unit is the fourth to be announced by the company for a 2002 opening. Other restaurants scheduled to open during the year include Oxnard, Calif., Cupertino, Calif. and Lewisville, Texas. Chicago Pizza & Brewery operates 27 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 five Pietro's restaurants in Oregon and has a BJ's licensing agreement with a restaurant in Lahaina, Maui. 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 paragraph regarding the anticipated opening dates of new restaurants and estimated revenues and earnings and operations for 2001 and all other statements 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) audit adjustments to the company's reported revenues and earnings for 2001 (ii) the company's ability to manage growth and conversions, (iii) construction delays, (iv) restaurant and brewery industry competition and other such industry considerations, (v) marketing and other limitations based on the company's historic concentration in Southern California and the Northwest, (vi) consumer trends, (vii) increased food costs and wages, including, without limitation, the recent increase in the minimum wage, (viii) increased energy costs in California, and (ix) other general economic and regulatory conditions.