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Microcap & Penny Stocks : Newriders, Inc (NWRD) Easyriders Restaurant -- Ignore unavailable to you. Want to Upgrade?


To: P.Hronis who wrote (59)10/30/1997 10:32:00 AM
From: Countryboy  Read Replies (1) | Respond to of 119
 
It's lookin' better folks! Hang in there....

Countryboy



To: P.Hronis who wrote (59)11/14/1997 12:41:00 PM
From: P.Hronis  Read Replies (1) | Respond to of 119
 
Newriders Inc. Retains the Hatch Design Group and
Respected Chef and Restaurateur David Wilhelm to
Develop Easyriders Prototype

Business Wire - November 14, 1997 08:31

%NEWRIDERS NWRD %CALIFORNIA %FOODS %BEVERAGES %RESTAURANTS %MANAGEMENT
%CHANGES V%BW P%BW

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NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Nov. 13, 1997--

Company Also Says That John Martin's Role as Newriders' Chairman Unchanged By His
Investments in Pacific Restaurant Adventures

Newriders Inc. (NASDAQ:NWRD), owners and operators of Easyriders Cafes, announced today
that it has retained the nationally respected Hatch Design Group and well-known chef and
restaurateur David Wilhelm to oversee the conceptualization and creative design of future
Easyriders Cafes.

"We see tremendous opportunities to create a totally new concept for Easyriders Cafes, one that
represents a celebration of motorcycling as an experience and showcases the building and
customization of American motorcycles as the art form that it is," said John Martin, chairman of
Newriders.

"The Hatch Design Group and David Wilhelm are among the best in the business at
understanding the intrinsic attributes of a concept like Easyriders and bringing them to life in
dramatic, and incredibly appealing ways. We are very fortunate to have both of them working on
this exciting project."

Martin said that the Hatch Design Group and Wilhelm will be responsible for helping Newriders
develop a "prototype cafe" for Easyriders, which the company hopes to later roll-out with a number
of variations on the theme as the company expands into new markets.

Although specifics of the prototype won't be revealed until later, Wilhelm said that it will have a
comfortable, roadhouse feel, with familiar foods like barbecue sandwiches, smoked meats,
chicken, fish and ribs. "It'll be a great place to grab a quick bite or hang out for hours," Wilhelm
said.

Wilhelm is widely regarded as one of the field's most accomplished chefs and creative
restaurateurs. He helped found such well known and popular Southern California restaurant
locations as Chimayo Grill, Diva, Bistro 201, Topaz, Kachina and Sorrento Grill.

The Hatch Design Group has equally impressive credentials. The firm has provided trend-setting
designs for restaurants all across the nation, including The Disney Studio Commissary in
Burbank, Emporio Armani in San Francisco, Planet Hollywood in Costa Mesa, 5-7-5 in Boston,
and the Water Grill in Los Angeles.

In a separate announcement, Newriders issued the following statement today in response to
investor questions that surfaced following an announcement Wednesday that Newriders'
chairman, John Martin, would be serving as chairman of newly formed Pacific Restaurant
Adventures, a casual dining entity in Southern California:

"John Martin is, and will continue to be very active as chairman of Newriders. At the same time,
he is an active investor in several business interests, some of which will have ties to Newriders
and some that will not.

"He has stated, however, that he intends to limit his involvement to businesses which in his view
are or can become synergistic, or share resources, as Newriders and Pacific Restaurant
Adventures are now doing in working with restaurateur David Wilhelm and the Hatch Design
Group.

"Newriders and Martin see no conflict with him assuming the role of chairman of some of these
businesses. In fact, the company sees and values the synergies that may come from some of
these activities.

"Martin, in addition to his duties with Newriders and Pacific Restaurant Adventures, is also a
member of the Board of Directors of Williams-Sonoma Inc., The Good Guys, the Franchise
Mortgage Assistance Corporattion and Chevy's Restaurants."

CONTACT: Newriders Inc.
Bill Nordstrom, 714/718-4630



To: P.Hronis who wrote (59)1/15/1998 10:19:00 AM
From: P.Hronis  Read Replies (1) | Respond to of 119
 
NEWS
Newriders Inc. Solidifies Deal With Paisano
Publications, Hires Investment Banker To Assist
in Financing

Business Wire - January 15, 1998 06:16

%NEWRIDERS NWRD ICII %CALIFORNIA %PUBLISHING
%RESTAURANTS %MANAGEMENT %CHANGES %MERGERS %ACQ V%BW
P%BW

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NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Jan. 15, 1998--Newriders, Inc.,
operator of two Easyriders Cafes, has signed a binding letter of intent to acquire
privately held Paisano Publications, Inc. and subsidiaries, based in Agoura, Calif.,
for a combination of stock and cash. Paisano is the publisher of Easyriders
Magazine and several other motorcycle lifestyle magazines, and is the franchisor
for motorcycle shops, apparel stores and cafes using the Easyriders name.
Newriders, Inc. will change its name to Easyriders, Inc. upon closing, which is
expected to occur by the end of the first quarter of 1998. The purchase price was
not disclosed.

In order to facilitate the acquisition and increase shareholder value, four of
Newriders' major shareholders have agreed to contribute a majority of their shares
back to the company. These shares will be used to fund the stock portion of the
purchase price, resulting in a significant increase in book value for all
shareholders.

Paisano, which was founded in 1970, has annual revenues of approximately $38
million. Joe Teresi, founder and chairman, will become a substantial shareholder
of Newriders, Inc., and will join the company's board of directors. He has also
agreed to remain as publisher of Paisano Publications.

Newriders also announced that they have retained Imperial Capital, LLC., a
subsidiary of Imperial Credit Industries (Nasdaq: ICII) as its investment banker and
financial advisor in this transaction. Imperial Capital, formerly Dabney-Resnick
Imperial, is a full service investment bank with extensive experience in raising
institutional debt and equity capital for middle market companies in diverse
industries.

John Martin, Chairman of Newriders, said, "I am very grateful to the four founding
shareholders for their contribution to this transaction. It is a great day for the
shareholders of Newriders. Paisano is a world class company, and I am looking
forward to working with Joe Teresi and Bill Prather, our chief executive officer, to
expand the business and to put Easyriders everywhere. Easyriders is a great
brand name, and we see tremendous opportunities for franchising, events, cafes,
motorcycle shops and apparel stores."

Joe Teresi, Chairman of Paisano commented, "I have been looking for some time
for the right combination of management and experience to help take Paisano to
the next level, and I think Newriders has that right combination. I am very
enthusiastic about what we will be able to accomplish together, and am looking
forward to working with John Martin and his team."

The following important factors may affect Newriders' actual results and could
cause such results to differ materially from the forward-looking statements made
by or on behalf of Newriders and/or Paisano Publications. Such factors include,
but are not limited to, changing market conditions, the impact of competitive
products and pricing, regulatory delays, availability of financing and other risks
detailed from time to time in Newriders' Security and Exchange Commission
filings.

Newriders is publicly traded on the Nasdaq Bulletin Board under the symbol
NWRD.

CONTACT: Newriders Inc.
Bill Nordstrom, 714/718-4630
or
Paine & Associates
David Paine, 714/755-0400