Dixie Foods International/Preferred Restaurant Brands Opens 3rd and 4th Papa John's Location

LAS VEGAS, Dec. 30, 2014 /PRNewswire/ -- Dixie Foods International, Inc. (OTCQB: DIXI), which recently announced that it is changing its name to "Preferred Restaurant Brands", announced it opened its third and fourth Papa John's location this past Saturday - @ 8300 Sierra College Blvd. in Roseville California and 3842 West Shaw in Fresno, California.

"We are excited to be continuing our expansion of Papa John's presence in Northern California and opening our first location in Fresno," noted PRB's CEO Ken Antos.  "These locations opened to strong results this past weekend, as did our prior two locations that opened last month in Rocklin and Roseville.  We expect to open a fifth location in January and a number more over the first six months of 2015".

The Roseville location is in approximately 1,200 square feet of space, leased and renovated by Preferred Restaurant Brands, in the Douglas Ridge Shopping Center.  Located along Sierra College Blvd., this neighborhood retail center sits just north of Sierra College and Douglas Blvd, one of Roseville's busiest intersections that serves as a main commuter arterial connecting Interstate 80 and Highway 50.  This location is approximately 7 miles east of the Company's Foothills location it opened in November.

Roseville, approximately 16 miles northeast of Sacramento, is the largest city in Placer County, California. Roseville's population was estimated to be at approximately 127,000 as of January 1, 2014.  Placer County is included in the Sacramento/Roseville/Arden/Arcade, California Metropolitan Statistical Area.  It is located in both the Sacramento Valley and Sierra Nevada regions, in what is known as the Gold Country.  It stretches from the suburbs of Sacramento to Lake Tahoe and the Nevada border.

The Fresno location is in an approximately 1,400 square foot space, leased and renovated by Preferred Restaurant Brands, in the West Pointe Shopping Center.  Located at the northeast corner of Shaw and Bradley, this site is close to Highway 99 (the major north/south highway going through Fresno).  West Shaw Avenue offers extremely high traffic counts and is the primary east/west retail corridor in the Fresno/Clovis trade area.

The City of Fresno, the fifth largest city in the state of California with a population of more than 500,000, is located in the heart of the state in the fertile San Joaquin Valley, north of Los Angeles and south of San Francisco, San Jose and Sacramento.  Centrally located, Fresno (www.fresno.gov) is the financial, industrial, trade, and commercial capital in the Central San Joaquin Valley.

Preferred Restaurant Brands currently has seven additional Papa John's locations in the Fresno and Sacramento areas in various stages of planning and construction.  The locations opened last weekend, the two opened in November and the locations currently under development are in connection with its exclusive rights to develop Papa John's in trade areas stretching from Fresno to north of Sacramento, California.  Preferred Restaurant Brands has committed, per its March 2014 Area Development Agreement with Papa John's, to build 27 locations by the end of 2015 – including its first two locations in Las Vegas.

"We expect to meet our Papa John's-related growth targets over the next 12 months in addition to our pending acquisition of two existing Papa John's locations in the Fresno area," noted Antos.

Headquartered in Las Vegas, Nevada, Preferred Restaurant Brands, through its recently-acquired KCI Investments, LLC, also operates 12, franchised Capriotti's Sandwich Shops throughout its development areas - consisting of: parts of Dallas/Fort Worth, Southern California markets (Orange County, San Diego County and parts of Los Angeles County), as well as parts of Las Vegas. Besides its pending Papa John's locations, KCI also has a number of new Capriotti's in development in various development areas.  In addition Preferred Restaurant Brands currently manages Elements Fine Casual Dining & Cocktails.

For information contact:
Richard Groberg
CFO
Preferred Restaurant Brands, Inc.
[email protected]
702 834-7101

This press release contains forward-looking statements that relate to expectations, beliefs, projections, future plans and strategies, anticipated events and similar expressions.  Forward-looking statements may be identified by use of words such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," or "potential" or similar words or phrases which are predictions of or indicate future events or trends.  Statements relating to plans and objectives for future operations, including those relating to KCI Investments, LLC, are based on Preferred Restaurant Brands' current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties.  Any of these statements could prove to be inaccurate and actual events or investments and results of operations could differ materially from those expressed or implied.  To the extent that Preferred Restaurant Brands' assumption  differ from actual results, Preferred Restaurant Brands' ability to meet such forward-looking statements may be significantly and negatively impacted.  You are cautioned not to place undue reliance on any forward-looking statements and Preferred Restaurant Brands disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, future events or other changes.  Please refer to Preferred Restaurant Brands' Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") for the fiscal year ended August 31, 2014, and subsequently filed SEC reports, for further information.

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SOURCE Dixie Foods International, Inc.