Business Services Industry

Fog Cutter Capital Group Inc.'s Fatburger Unit Signs Indonesian Development Agreement

Business Wire, Oct 20, 2008

PORTLAND, Ore. -- Fog Cutter Capital Group Inc.'s (OTCBB:FCCG) Fatburger unit has announced that it has entered into a multi-unit restaurant development agreement allowing PT. GLOBAL FOOD INDONESIA to develop and operate Fatburger restaurants in Indonesia. PT. GLOBAL is initially seeking locations in Jakarta, but also expects to open restaurants in Surabaya and Bali.

Fatburger's current international operations include restaurants in Canada and China, with additional agreements to open locations in Dubai, Saudi Arabia and Kuwait. The Company expects to open its first restaurants in Dubai and Hong Kong before year end.

Fatburger is a quick-casual, takeout and sit-down restaurant serving big, juicy burgers custom made to guests' taste buds. The taste and quality of Fatburger inspires a fierce loyalty among customers that crosses all demographic lines, including Hollywood personalities and sports stars. For more than 55 years, Fatburger has been dedicated to serving big, fresh, 100 percent pure lean beef burgers custom made and grilled right in front of customers.

Every signature 1/3 lb. Fatburger patty is fresh, never frozen and can be indulgently dressed with all the usual condiments, plus inspired choices such as chili, bacon and even a fried egg. For those with a heartier appetite, there's a half-pound Kingburger.

About Fatburger

Founded in Los Angeles, California in 1952, the Fatburger restaurant chain has 92 restaurants serving big, fresh, 100 percent pure lean beef burgers custom made and grilled right in front of customers in Arizona, California, Colorado, Florida, Georgia, Michigan, Nebraska, Nevada, New Jersey, New York, Ohio, Illinois, Texas, Washington, Canada and Macao. Fatburger operates 38 company owned restaurants with franchisees operating 54 locations. Based in Santa Monica, California, the company is actively seeking new franchisees for available territories across the nation. Fatburger is a subsidiary of Fog Cutter Capital Group Inc. (OTCBB: FCCG). For more information, or to find a Fatburger restaurant near you, go to www.fatburger.com.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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