CHARLOTTE, N.C., May 30, 2006 (PRIMEZONE) -- Chanticleer Holdings, Inc. (Pink Sheets:CEEH), a Business Development Company ("BDC") announced today that is has made an investment in SM&A, Inc. (Nasdaq:WINS). SM&A, Inc., headquartered in Newport Beach, California, is a consulting company that provides competition management and performance assurance services to entities doing business with federal, state and local governments. It is the largest provider of competition management services in the United States. The company's track record in winning business stands at 85% over more than 20 years and it has managed more than 1,000 winning proposals worth more than $340 billion. To learn more about SM&A, Inc. please refer to its website at www.smawins.com and to access Chanticleer Holdings' report on the company please visit www.chanticleerholdings.com.
About Chanticleer Holdings, Inc.
Chanticleer Holdings (www.chanticleerholdings.com) is a closed-end investment company that invests in value based opportunities that are either privately held or considered small or micro cap publicly traded companies. Chanticleer's investment objective is to generate both current income and long term capital appreciation through debt and equity investments. Chanticleer Holdings, Inc. has elected to be treated as a business development company under the Investment Company Act of 1940 ("1940 Act"). Accordingly, we are required to comply with a series of regulatory requirements under the 1940 Act as well as applicable exchange, state and federal rules and regulations. In addition, we have elected to be treated a regulated investment company under the Internal Revenue Code of 1986. Failure to comply with any of the laws and regulations that apply to Chanticleer Holdings could have material adverse effect on Chanticleer Holdings and its shareholders.
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