Iotron Technology Inc.

[counter]

000531 Popeyes Continues Global Expansion

May 28, 2000

Atlanta - Popeyes Chicken & Biscuits, the world's second-largest quick-service chicken concept, announced the signing of a franchise development agreement that calls for the construction of 56 new Popeyes Chicken & Biscuits locations in Indonesia over the next five years.

Under terms of the agreement, local franchise partner Pop Indo will develop the Popeyes concept throughout Indonesia. Popeyes Chicken & Biscuits currently has four restaurants operating in Indonesia with an additional 2-3 locations scheduled to open in 2000 as part of the recently signed agreement.

“The expansion of the Popeyes brand into Indonesia is a part of our growth strategy to increase the presence of the brand in key markets throughout Asia,” Anthony Pavese, Chief Operating Officer for Popeyes International, said. “Popeyes has had a strong presence throughout Asia for many years and this new development will help to solidify the Popeyes brand as one of the premier restaurant concepts in the region.”

Popeyes Chicken & Biscuits, the world's second-largest chicken chain in terms of sales, is a division of AFC Enterprises and operates the Popeyes Chicken & Biscuits, Cajun Kitchen and Popeyes Cajun Cafe concepts. Popeyes was recently awarded the Restaurants and Institutions Choice in Chains Gold Award for Customer Service as well as the Nation's Restaurant News Menu Masters Award for its Popeyes Louisiana Legends product. Founded in 1972, Popeyes Chicken & Biscuits today has more than 1,425 locations in 43 states and 21 countries worldwide and achieved 1999 system-wide sales in excess of 1 billion dollars.

RETURN TO HOME PAGE

Meat Industry INSIGHTS Newsletter
Meat News Service, Box 553, Northport, NY 11768

E-mail: sflanagan@sprintmail.com