SOURCE: The Great American Food Chain, Inc.

May 30, 2007 09:15 ET

Kokopelli Franchise Company Signs New Franchise Agreement

DALLAS, TX--(Marketwire - May 30, 2007) - The Great American Food Chain, Inc. (PINKSHEETS: GAMN) announced today that the Jacksonville, Florida area developer for Kokopelli Fresh Mexican Grill has executed its second franchise agreement under terms of its area developer agreement.

The newest store will be located at Hodges Point Plaza at the intersection of Hodges and Beach in Jacksonville, Florida and will be the second of five restaurant units that are scheduled to open in the Jacksonville area.

Edward Sigmond, President of The Great American Food Chain, was quoted as saying, "Our Florida franchisees are taking an aggressive approach at developing the Jacksonville market. This second unit will be located in what we all firmly believe to be an excellent development anchored by a Wal-Mart Super Center. The restaurant will have superior exposure to the high traffic flow on Hodges Blvd with exposure via two Pylon signs visible from Beach Blvd."

Kelly Sharp, part of the Florida area developer group, stated, "We our impressed by the feedback that we are getting from our customers on both the food and décor at our first store. We feel strongly that Kokopelli will be successful for us in Jacksonville and are excited about the location and opportunities that our second unit will present."

The Great American Food Chain, Inc. (GAMN) acquired a 90% interest in Kokopelli Franchise Company, LLC in August of this year. Eight area developers have committed to opening 63 Kokopelli Fresh Mexican Grill restaurants over the next three years.

About The Great American Food Chain, Inc.

The Great American Food Chain, Inc. is a restaurant holding company specializing in the development and expansion of proven independent restaurant concepts into multi-unit locations through corporate owned stores, licensing, and franchising opportunities. The Great American Food Chain currently owns two concepts, Kokopelli Fresh Mexican Grill, and Spikes Boneyard Grill, and is finalizing a licensing agreement with a third concept. GAMN is located in Dallas, Texas. For more information about The Great American Food Chain, Inc. see Information on our website is not part of this press release. For more information about Kokopelli Fresh Mexican Grill, please visit

Forward-Looking Statements

Any statements in this press release about The Great American Food Chain's expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and are forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995 (the "Act"). These statements are often, but not always, made through the use of words or phrases such as "believe," "will," "expect," "anticipate," "estimate," "intend," "plan," "forecast," "could," and "would." There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: limited operating history, need for future capital, risks inherent in the development and commercialization of restaurant concepts, protection of the Company's intellectual property, and economic conditions generally. Additional information on potential factors that could affect results and other risks and uncertainties are detailed from time to time in the Company's periodic reports. The Great American Food Chain claims the protection of the safe harbor for forward-looking statements under the Act and assumes no obligation and expressly disclaims any duty to update any forward-looking statement to reflect events or circumstances after the date of this news release or to reflect the occurrence of subsequent events.

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