Daniel Dorsch, President and C.E.O. commented: ``Yes, we are proposing to move of our corporate offices to Tampa for good reason. Today, we are operating in a new environment and we are thinking different than a few years ago. We are virtually brand-new all over again and that means we are moving back into a franchise growth mode. With our recent market sales we have gone from restaurants being 50% corporately owned and operated to a 75% franchisee operated restaurant company. We are planning an aggressive move back to franchising our brands and that means we need to set up our infrastructure accordingly. I feel the central location around the Tampa International Airport will also ensure access to the entire work force of the Tampa Bay area.
As of March 26, 2001, Checkers Drive-In Restaurants, Inc. and its franchisees own 421 Checkers operating primarily in the Southeastern United States and 424 Rally's operating primarily in the Midwestern United States. For more information about the company, please visit www.checkers.com.