Industry News | December 4, 2008

Kuwait Goes a Little Italian

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Pizza Inn (NasdaqCM:PZZI - News) announced the scheduled opening of the first of 20 multiunit development agreements in Kuwait with Raja Company W.I.I. The store, located in Al Rai, Kuwait, offers traditional delivery, dine-in and carry out services.

The Raja Group of Companies (formerly known as Raja Trading Est.), located in Kuwait City, Kuwait, is owned and operated by chairman Waleed Adulla Al Ayoub, Managing Director Rohit Mirchandani and Director Mohit Mirchandani. Established in 1962, the Raja Company specializes in the region's petroleum, construction and energy industries in addition to marketing, logistics, and food and beverage services.

"We are eager to see our first store open with the Raja Company in Kuwait,'' says Charlie Morrison, president and CEO for Pizza Inn. "This opening marks the first of two openings scheduled to happen by year end. We are excited for Rohit and his team as they embark on a great opportunity with the Pizza Inn brand."

The partnership with the Raja Company also utilizes the valuable support services of United Food Company, Pizza Inn's master licensee for Saudi Arabia and Qatar. United Food Company (UFC) serves as training hub for Pizza Inn restaurants in the MENA region and throughout Asia.

The news follows the chain's recent announcements of sixth straight quarter of positive domestic Buffet Restaurant same store sales growth.