CHECKERS Receives Nasdaq Staff Determination On "CHKRW" Warrants

Apr 18, 2001, 01:00 ET from Checkers Drive-In Restaurants, Inc.

    CLEARWATER, Fla., April 18 /PRNewswire/ --
 CHECKERS DRIVE-IN RESTAURANTS, INC. (Nasdaq:   CHKRW) today reported that the
 Company received a Nasdaq Staff Determination indicating that the Company's
 warrants trading under the ticker symbol "CHKRW" no longer had two "market
 makers" as required for continued listing set forth in Market Place Rule
 4450(e) and that the CHKRW warrants will be delisted from the Nasdaq National
 Market.  The Company has declined to request a hearing before a Nasdaq Listing
 Qualifications Panel to review the Staff Determination.
     Statements in this release which are not historical facts are
 "forward-looking" statements and "Safe Harbor" statements under the Private
 Securities Litigation Reform Act of 1995 that involve risks and/or
 uncertainties, including but not limited to the statements concerning the
 ability of the Company to continue to have its warrants listed on the Nasdaq
 National Market and other risks documented in the Company's filings with the
 Securities and Exchange Commission.
 
 

SOURCE Checkers Drive-In Restaurants, Inc.
    CLEARWATER, Fla., April 18 /PRNewswire/ --
 CHECKERS DRIVE-IN RESTAURANTS, INC. (Nasdaq:   CHKRW) today reported that the
 Company received a Nasdaq Staff Determination indicating that the Company's
 warrants trading under the ticker symbol "CHKRW" no longer had two "market
 makers" as required for continued listing set forth in Market Place Rule
 4450(e) and that the CHKRW warrants will be delisted from the Nasdaq National
 Market.  The Company has declined to request a hearing before a Nasdaq Listing
 Qualifications Panel to review the Staff Determination.
     Statements in this release which are not historical facts are
 "forward-looking" statements and "Safe Harbor" statements under the Private
 Securities Litigation Reform Act of 1995 that involve risks and/or
 uncertainties, including but not limited to the statements concerning the
 ability of the Company to continue to have its warrants listed on the Nasdaq
 National Market and other risks documented in the Company's filings with the
 Securities and Exchange Commission.
 
 SOURCE  Checkers Drive-In Restaurants, Inc.