SOURCE: Chanticleer Holdings, Inc.

Chanticleer Holdings, Inc.

August 29, 2012 08:30 ET

Chanticleer Holdings, Inc. Adds Corporate Video to Website

CHARLOTTE, NC--(Marketwire - Aug 29, 2012) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer Holdings" or the "Company"), a minority owner in the privately-held parent company of the Hooters® brand, Hooters of America ("HOA"), and a franchisee of international Hooters restaurants, announced today the addition of their corporate video to their website, featuring CEO, Mike Pruitt as well as all of the Company's Chief Operators in their exclusive international franchise territories.

The video provides insight into how Chanticleer Holdings, Inc. became a minority owner in HOA and an international franchisee of the Hooters® brand. The corporate video provides a look into who the Company is, what the Company is doing, and who the Company has selectively chosen to partner with to execute its growth strategy of expanding Hooters restaurants in international markets. The complete video can be viewed at:

About Chanticleer Holdings, Inc.
Chanticleer Holdings is focused on expanding the Hooters® casual dining restaurant brand in international emerging markets. Chanticleer currently owns in whole or part of the exclusive franchise rights to develop and operate Hooters restaurants in South Africa, Hungary and parts of Brazil, and has joint ventured with the current Hooters franchisee in Australia, while evaluating several additional international opportunities. The Company currently has Hooters restaurants in its international franchise territories of: Durban, Johannesburg, Cape Town and Emperor's Palace in South Africa; Campbelltown in Australia; and Budapest in Hungary. The Company has announced Surfers Paradise, Australia is expected to open before year-end.

In 2011, Chanticleer and a group of noteworthy private equity investors, which included H.I.G. Capital, KarpReilly, LLC and Kelly Hall, president of Texas Wings Inc., the largest Hooters franchisee in the United States, acquired Hooters of America (HOA), a privately held company. Today, HOA is the franchisor and operator of over 430 Hooters® restaurants in 28 countries. Chanticleer maintains a minority ownership stake in HOA and its CEO, Mike Pruitt, is also a member of HOA's Board of Directors. For further information, please visit or and follow us on Twitter at @ChantHoldings or @Hooters.

Safe Harbor Statement
This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statement of historical fact (including statements containing the words "believes," "plans," "anticipate," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to update such statements to reflect subsequent events. Further information on our business, including important factors which could affect actual results are discussed in the Company's filings with the SEC, including its Annual Report on Form 10-K under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations."

Contact Information

  • For Additional Information, Please Contact:

    Company Contact:
    Shannon DiGennaro
    V.P. Investor Relations
    Phone: 704.941.0959

    Investor Contact:
    The Del Mar Consulting Group, Inc.
    Robert B. Prag