American Restaurant Concepts, Inc. Announces Appointment of Industry Veteran Rick Akam as COO of Dick's Wings and Grill Michael Rosenberger to focus exclusively on franchise expansion and growth

JACKSONVILLE, Fla., Jan. 22, 2013 /PRNewswire/ -- American Restaurant Concepts, Inc. (OTCBB:ANPZ), the operator and franchisor of America's award-winning Dick's Wings® restaurants, announced today that it has hired Hooters® veteran Rick Akam to serve as Chief Operating Officer for Dick's Wings and Grill.

Akam will join the 16-unit Dick's Wings and Grill operations effective immediately, and will direct operational improvements, growth strategies and provide seasoned expertise in brand development strategies.  Akam most recently served as the Chief Operating Officer for Twin Peaks® Restaurants.  He has also served as President of Hooters of America and Chief Operating Officer for Raving Brands® and First Watch® restaurants.

"Our growth strategy has been accelerating, which is why we decided to leverage Rick's deep franchise experience and proven ability to execute our operating, marketing and brand plans," said Mike Rosenberger, chief executive officer and founder of the concept.  "I'm excited to concentrate my energies on identifying new markets, developing new franchisees and growing the footprint of the Dick's Wings and Grill franchise," added Rosenberger.

"I am delighted to join the American Restaurant Concepts team in this new role," said Akam.  "I look forward to working closely with Mike to review all aspects of the Dick's Wings brand and contribute my experience in developing, refining and improving execution as we realize our strategy for accelerated growth. By offering unmatched quality and variety, I believe the Dick's Wings restaurant franchise is a unique brand that can expand well beyond its current markets," concluded Akam. 

About American Restaurant Concepts, Inc.

American Restaurant Concepts, Inc., headquartered in Jacksonville, Florida, is the owner, operator and franchisor of the Dick's Wings & Grill® full-service restaurants and Dick's Wing Express® quick-service restaurants.  The company prides itself on the 365 original mouth-watering flavors it has created for its premium grade chicken wings.  Dick's Wings offers customers the freshest wings, sandwiches, burgers, wraps, salads and signature waffle fries, all in a unique setting that combines a family-friendly environment with a sports-themed restaurant.  Dick's Wings chicken wings have won numerous awards in Florida and Georgia, including having been voted "Best Chicken Wings in Northeast Florida" 12 consecutive years by Folioweekly magazine.  Dick's Wings currently has 16 full-service restaurants and 2 express restaurants.  Fifteen of the restaurants are located in Florida and one is located in Georgia.  For more information on the company, please visit its website at www.dickswingsandgrill.com.

Safe Harbor Provision

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the company's future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors set forth in the company's Annual Report on Form 10-K for the year ended December 25, 2011 and its other filings and submissions with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the company assumes no obligation to update or revise any of the information contained in this press release.

SOURCE American Restaurant Concepts, Inc.



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http://www.dickswingsandgrill.com

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