SOURCE: Panda Express

Panda Express

November 08, 2012 11:44 ET

Panda Express Launches Fundraising Effort Benefiting Hurricane Sandy Victims

Company to Match 100 Percent of Proceeds to Support American Red Cross

ROSEMEAD, CA--(Marketwire - Nov 8, 2012) - Panda Restaurant Group Inc. (PRG), the world leader in Asian dining experiences, today announced fundraising efforts to assist with disaster relief for those affected by Hurricane Sandy, the devastating hurricane that ripped through the northeast and left millions without power or mass transit. Panda Restaurant Group, Inc. has committed to raising funds through in-store and corporate donations at its Panda Express and Panda Inn locations to help those in need during this unsettling time.

Starting this Friday, November 9, through Friday, November 30, Panda Express and Panda Inn locations across the country will facilitate donation collections through in-store drop-boxes allowing guests to make contributions of any amount. Additionally, Panda Restaurant Group Inc. will match 100 percent of the proceeds, with all donations benefiting the American Red Cross.

"We are extremely saddened by the aftermath of this disaster. Our thoughts are with those impacted by the hurricane, including our guests and employees on the east coast," said Peggy Cherng, co-chairman of PRG. "We are eager to support the relief efforts and assist the American Red Cross in rebuilding and aiding communities that were affected by the storm."

Panda Restaurant Group Inc. has often fundraised and lent its support to those in need. This support includes close to $1 million in donations to the relief efforts in 2011 following the Japan magnitude 9.0 earthquake and Midwest storms and tornados.

About Panda Restaurant Group
Founded in 1973 with more than 1,500 locations in 42 states, the privately-held Panda Restaurant Group Inc. is the world leader in Asian dining experiences. The successful chain of concepts includes Panda Express, Panda Inn and Hibachi-San. For more information visit www.pandaexpress.com, or become a fan on Facebook.

About the American Red Cross
The American Red Cross prevents and alleviates human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors. Panda partnered with the American Red Cross in 2005 following Hurricane Katrina, in 2008 following the Sichuan Earthquake in China, and in 2011 following the Japan Earthquake and Pacific Tsunami. For more information about this organization, please go to www.redcross.org.

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