Checkers Drive-In Restaurants, Inc. (Nasdaq: CHKR) today announced the appointment of its new Chief Financial Officer, David Koehler. Mr. Koehler
brings to Checkers over 17 years of experience in Accounting, Investment Banking, Corporate
Finance, and Information Technology. Previously he was Vice President of Finance at Pinnacle
Towers, one of the country’s five largest wireless telecommunication space providers. While at
Pinnacle, he successfully helped raise $550 million in debt and equity facilities and provided
oversight to over 115 acquisitions. Having investment banking with Cragie Incorporated and previous
Chief Financial Officer experience, Mr. Koehler also brings experience from PriceWaterhouse
Coopers and Ernst & Young’s audit and consulting practice. Mr. Koehler matriculated from Old
Dominion University with three majors: Accounting, Finance and Management Information Systems
and is a Certified Public Accountant.

“I am very excited to be joining the entrepreneurial team Dan Dorsch has
put together ,” Koehler commented. “And [I] am looking to making Checkers one of the top players in the quick service restaurant
industry and a consideration for every serious investor in the restaurant industry sector.”

“David brings the financial experience combined with the strategic
planning and process engineering skills that will help to complete my team,” said Dorsch. “Equally important, David
has assured me he fits the work ethic and culture of a hard working corporate manager who is
energized by the possibilities of what Checkers Drive-In Restaurants, Inc. can achieve. I have spent a
great deal of time with this decision and David fits our future.”