To: daniel katcher who wrote (4210 ) 5/4/1998 12:53:00 PM From: Kirk Pearson Respond to of 4704
Rainforest Cafe Names Kenneth Brimmer Presidentbiz.yahoo.com Monday May 4, 11:58 am Eastern Time Company Press Release MINNEAPOLIS--(BUSINESS WIRE)--May 4, 1998--Rainforest Cafe, Inc. (RAIN-National Market) announced today that it has named Kenneth Brimmer President of the Company. Mr. Brimmer has held the position of Company President, on an interim basis, since April 1997 while the Rainforest Cafe board of directors completed a search to fill the position. Mr. Brimmer has demonstrated an in-depth understanding and knowledge of the themed entertainment industry and has provided strong leadership and strategic vision to Rainforest Cafe in the past year. Mr. Brimmer has been instrumental in identifying key areas of opportunity and growth for the company. During his interim presidency, Rainforest Cafe has delivered a year of consecutive record quarters. Mr. Brimmer continues as a member of the company's board of directors and will continue to report to Rainforest Cafe Chairman and Chief Executive Officer, Lyle Berman. In addition to responsibilities at Rainforest Cafe, Mr. Brimmer has worked with Mr. Berman in a variety of capacities since 1990, including, since its inception in 1994, various officer roles at Rainforest Cafe, Inc. In addition, Mr. Brimmer is a director of New Horizon Kids Quest, Oxboro Medical International, Inc. and Hypertension Diagnostics, Inc. Commenting on the appointment, Mr. Berman noted, ''Kenneth Brimmer has been involved with Rainforest Cafe since the business plan was developed in 1993 and has been principally responsible for its financial plan and the resulting excellent foundation for growth that exists today. In addition, the depth of experience he has gained from being involved in the growth and development of the Rainforest Cafe concept and its management team is a valuable asset as we continue to grow.'' Rainforest Cafe, Inc. develops, owns and operates combination restaurant/retail facilities offering a stimulating and entertaining rain forest theme providing visitors with ''A Wild Place to Shop and Eat''(R). There are currently 18 Rainforest Cafe units open including 15 domestic locations and three international units. Rainforest Cafe, Inc. common shares are traded on the NASDAQ National Market under the symbol RAIN. This news release may contain forward-looking statements that involve risks and uncertainties relating to future events. Actual events or the Company's results may differ materially from the results discussed in the forward-looking statement. The company does not expect to update forward-looking statements continually as conditions change. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements contained in the company's Form 10-K filed with the Securities and Exchange Commission for the fiscal year ended Dec. 28, 1997. Contact: Rainforest Cafe Mark Robinow, 612-945-5400 www.rainforestcafe.com