CHARLOTTE, N.C., Dec. 7, 2011 (GLOBE NEWSWIRE) -- Chanticleer Holdings, Inc. (OTCBB:CCLR) ("Chanticleer" or the "Company"), an operator focused on expanding the Hooters casual dining restaurant brand in international markets, today announced the launch of its new corporate website at http://www.chanticleerholdings.com, reflecting ongoing efforts to provide up-to-date information for investors and shareholders.
The new website provides a comprehensive overview of Chanticleer's business and operations, as well as recent news releases, corporate governance, regulatory filings, stock information, and other shareholder resources.
Michael Pruitt, Chief Executive Officer of Chanticleer Holdings, stated, "Our new corporate website developed by Equisolve provides investors with current, easily accessible information about our operations, business strategy, stock profile and more, reflecting our ongoing commitment to enhance transparency and shareholder communications. We believe the new website more effectively conveys our story and value proposition as we focus on our core growth strategy of expanding the Hooters brand in emerging markets and other rapidly developing global economies."
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About Chanticleer Holdings, Inc.
Chanticleer Holdings was formed in 2005 as a business development company and converted to an operating holding company in 2008.
In 2011, Chanticleer and a group of noteworthy private equity investors, which included H.I.G. Capital, KarpReilly, LLC and Kelly Hall, president of Texas Wings Inc., the largest Hooters franchisee in the United States, acquired Hooters of America (HOA). Today, HOA is the franchisor and operator of over 450 Hooters restaurants in 44 states and 28 foreign countries. Chanticleer currently has rights to develop and operate restaurants in South Africa and is joint venturing with the current franchisee in Australia, while evaluating several additional opportunities. In addition to Chanticleer maintaining its ownership stake in HOA, its CEO, Mike Pruitt, is also a member of HOA's Board of Directors. For further information, please visit www.chanticleerholdings.com or www.hooters.com.
Safe Harbor Statement
This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statement of historical fact (including statements containing the words "believes," "plans," "anticipate," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to update such statements to reflect subsequent events.