SOURCE: Dry Fried Wing Company

January 29, 2013 09:26 ET

James Boyd Named CEO of Dry Fried Wing Company; Former Chief Operating Officer of Popeye's Takes Command of High Flying New Brand

FT. LAUDERDALE, FL--(Marketwire - Jan 29, 2013) - James E. Boyd, Jr., the former COO of the former #2 Chicken Chain in the world, has been named Chief Executive Officer of the Dry Fried Wing Company (OTCQB: EEDG). Boyd has also served as President of Quizno's Canada and in 2007 entered into an exclusive alliance with the Goldman Sachs Urban Investment Group to identify emerging foodservice concepts for investment or acquisition.

"James has three decades of invaluable top-level experience in all facets of foodservice, franchise sales and operations," stated Dr. Benjamin Chavis, DFW's Chairman and co-founder. "He was also a co-branding pioneer during his time at Kmart, where as Senior Vice President of Restaurant Operations he helped establish and manage over 1,700 in-store food courts while creating the extremely successful Famous Eddie's concept. The fact that Goldman Sachs chose James to spearhead their foodservice investment program tells you all you need to know about the respect he has earned and the heights he has reached within both the restaurant and financial sectors, and bodes incredibly well for our Company's financial future."

"There is nothing more exciting than joining a Company with such huge upside potential and scalability and I look forward to bringing my experience, passion, and leadership to the DFW team. We have already taken the initial steps necessary to develop multiple platforms that will appeal to both franchisees and investors alike. The opportunity to help Dr. Ben deliver on his lifelong message of economic revitalization and participation is literally a dream come true, and will be this Company's driving force as we prosperously grow into the future."

Both Boyd and Chavis will be on hand to introduce Dry Fried Wings to the Metro NY market at the Company's press conference scheduled for 12:00 Noon on Friday, February 1st at the NASDAQ Market Site in Times Square.

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This release contains statements, which may constitute "forward-looking statements" within the meaning of Securities Act of 1933 and Securities Exchange Act of 1934, as amended by Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements. Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, occurrence of unanticipated events, or changes to future operating results.

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