MEMPHIS, Tenn.— May 23, 2002—Back Yard Burgers, Inc. (Nasdaq SmallCap:BYBI ) today announced that on May 22, 2002, the company entered into a 40-unit development agreement with Black Angus Burgers, Inc.
The development agreement contemplates that Black Angus Burgers, Inc. will open forty Back Yard Burgers stand-alone franchises over the next ten years, including twenty-two restaurants in the Tampa/St. Petersburg and Lakeland, Florida, areas and eighteen restaurants in certain counties of South Carolina, namely the metropolitan areas of Charleston, Columbia and Myrtle Beach.
News and information presented in this release has not been corroborated by WTWH Media LLC.
