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Microcap & Penny Stocks : Eat At Joe's (BB:JOES) -- Ignore unavailable to you. Want to Upgrade?

To: jmhollen who wrote (246)	5/5/1999 9:43:00 AM
From: BlueCheap	Read Replies (1) \| Respond to of 343

(BUSINESS WIRE)--May 5, 1999--EAT AT JOE'S, LTD. (OTC BB:JOES;BERLIN:JOS), a diversified food service company that owns the Eat at Joe's chain of 1950s-style diners in the Northeastern US and holds an exclusive license to develop and manage Koo Koo Roo restaurants in Canada, announced today that Eat at Joe's President and Chief Operating Officer Gino Naldini will be one of the featured guests on World Business Review, an internationally broadcast TV series hosted by Caspar Weinberger, Chairman of Forbes Magazine and onetime Secretary of Defense under President Ronald Reagan. Also participating in the broadcast will be a panel that includes another expert in the restaurant industry. The show featuring Mr. Naldini is scheduled to be taped live in Washington, DC on Wednesday, May 12, and will be broadcast at a later date to be announced. Naldini, a nationally-known entrepreneur with more than 30 years as a successful restaurant and hospitality industry executive, will discuss Eat at Joe's, Ltd. in a seven-minute, one-to-one interview with Secretary Weinberger. The program will air on CNBC (as paid programming); Public Television; PBS The Business Channel; Knowledge TV; America's Voice; and other television outlets that reach a potential audience of 70 million TV households in 50 major US markets and more than 100 million people worldwide. World Business Review is also accessible from the World Business Review interactive website WBRTV.com; to passengers on United Airlines and TWA flights; and to more than 1,800 US universities. Gino Naldini has held senior executive positions with CARA Operations, operator of more than 400 restaurants including such chains as the Swiss Chalet, the leading chicken rotisserie restaurant in Canada, and Harvey's, the second largest hamburger chain in Canada. Eat at Joe's opened its first restaurants at the end of 1997, and achieved overall operating profitability a year later. Its restaurants serve home-cooked American meals at diner-style restaurants in southern New Jersey, Pennsylvania and Baltimore, Maryland. There are currently eight units in operation and two under construction. The Company has also signed a letter of intent to acquire a 16-unit regional restaurant chain and plans to operate five Koo Koo Roo restaurants in Canada by the end of 1999 under its recently signed 20-year exclusive license agreement with Koo Koo Roo Enterprises. Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made 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. Visit the Eat at Joe's Website at: eatatjoesltd.com --30--nmb/ny* CONTACT: Porter, LeVay & Rose, Inc., New York Michael Porter, President, 212/564-4700