FOG CUTTER’S FATBURGER UNIT OPENS ITS 89TH RESTAURANT, FIFTH IN WESTERN CANADA
August 9, 2007
| FOR: |
FOG CUTTER CAPITAL GROUP INC. |
| CONTACT: |
Fog Cutter Capital Group Inc. |
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(503) 721-6500 Andrew A. Wiederhorn, CEO |
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(310) 319-1871 Elaine Patel, Fatburger VP - Marketing |
For Immediate Release
FOG CUTTER’S FATBURGER UNIT OPENS ITS 89TH
RESTAURANT, FIFTH IN WESTERN CANADA
PORTLAND, Oregon.— August 9, 2007 -- Fog Cutter Capital Group Inc. (OTCBB: FCCG) has announced the opening of the 89th Fatburger restaurant, located at 1995 Lonsdale Avenue in North and West Vancouver, B.C.
The Lonsdale restaurant is owned and operated by Fatburger franchisee Frank Di Benedetto, president of Ricky’s All Day Grill restaurant chain. Fatburger now has five locations in Western Canada and two additional locations scheduled to open by year-end in Edmonton and White Rock. Plans to further expand the chain’s presence in Western and Eastern Canada to fifty units over the next few years are underway.
Unique to this location, Ricky’s Famous Breakfast will be served in the morning and five breakfast menus will be served all day. Customers will enjoy Fatburger favorites, including fresh, 100% pure lean beef burgers, homemade onion rings made from scratch each morning, hand-scooped real ice cream shakes and LA’s iconic Turkeyburger.
Founded in Los Angeles, California in 1952, the Fatburger Restaurant chain has 89 restaurants serving big, fresh, 100% pure lean beef burgers custom made and grilled right in front of customers in Arizona, California, Colorado, Florida, Georgia, Louisiana, Nevada, New Jersey, New York, Ohio, Pennsylvania, Texas, Virginia, Washington, and Canada. Based in Santa Monica, California, the company is actively seeking new franchisees for available territories across the nation. Fatburger is a subsidiary of Fog Cutter Capital Group Inc. (OTCBB: FCCG). For more information, or to find a Fatburger restaurant near you, go to www.fatburger.com.
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements. All of the statements contained in this release, which are not identified as historical, should be considered forward-looking. In connection with certain forward-looking statements contained in this release and those that may be made in the future by or on behalf of the company which are identified as forward-looking, the Company notes that there are various factors that could cause actual results to differ materially from those set forth in any such forward-looking statements. Accordingly, there can be no assurance that the forward-looking statements contained in this release will be realized or that actual results will not be significantly higher or lower. The forward-looking statements have not been audited by, examined by, or subjected to agreed-upon procedures by independent accountants, and no third party has independently verified or reviewed such statements. Readers of this release should consider these facts in evaluating the information contained herein. The inclusion of the forward-looking statements contained in this release should not be regarded as a representation by the company or any other person that the forward-looking statements contained in this release will be achieved. In light of the foregoing, readers of this release are cautioned not to place undue reliance on the forward-looking statements contained herein.
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