Culp Resigns as Chairman and CEO of Tanner's Restaurant Group Inc.Business Editors NORCROSS, Ga.--(BUSINESS WIRE)--Dec. 23, 1999 Tanner's Restaurant Group Inc. ("Tanner's") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ROTI ROTI Recording Optical Tracking Instrument (telescope for tracking rocket launches) ROTI Return on Technology Investment (financial analysis of IT intangible factors & total cost of ownership) ) today announced the resignation of Clyde E. Culp as chief executive officer, chairman of the board and a director of Tanner's, citing health reasons for his resignation. Tanner's will be managed on an interim basis by Robert J. Hoffman, its current senior vice president of Operations. Tanner's is a developer, operator and franchiser of branded restaurant concepts. The company's flagship operation is the eight-location chain of Rick Tanner's Original Grill restaurants located in the metropolitan Atlanta area. Rick Tanner's offers a casual dining experience, generous portions, and high quality foods at reasonable prices. The menu offers more than 40 entrees, 15 appetizers, and 15 vegetables and side dishes side dish n. A dish served as an accompaniment to the main course. Noun 1. side dish - a dish that is served with, but is subordinate to, a main course entremets, side order , with an emphasis on food that is fresh and cooked to order. Meals are available on both an eat-in and take-out Take-out A cash surplus generated by the sale of one block of securities and the purchase of another, e.g., selling a block of bonds at 99 and buying another block at 95. Also, a bid made to a seller of a security that is designed (and generally agreed) to take the seller out of basis, and the restaurant is positioned between home meal replacement concepts and traditional sit-down restaurants that are not designed to cater to the take-out business. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27-A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, the company's actual results could differ materially from those set forth in the forward-looking statements. |
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