TSX Trading Symbol: "MTY"
TORONTO, Feb. 1, 2012 /CNW Telbec/ - MTY Food group Inc. ("MTY" or the "Company") (TSX: MTY) is known for its multi-banner portfolio, with 27 brands under management across Canada and internationally. Located in most food courts across Canada, MTY has always been in the company of its competitors, however the very first MTY Food Court, dubbed "7 King Court", is about to open with six (6) MTY brands all under one roof. Named after its location at the intersection of Yonge Street and King Street situated in the heart of downtown Toronto, customers can come into "7 King Court" and select to eat at Mr. Sub, Country Style, Thai Express, Villa Madina, Tiki-Ming or Sushi Shop.
"We are always looking for new opportunities to expand our concepts, therefore, it makes sense to team up a few of our MTY brands and create our very own food court," says Stanley Ma, President & CEO of MTY Group. "We are all very excited about 7 King Court and look forward to building more MTY Food Courts in the future."
Stylishly designed with high ceilings and a brightly-lit interior, "7 King Court" has over 100 seats and is conveniently located directly outside the King subway station. "7 King Court" will open its doors for business on February 1st, 2012. Grand opening celebrations will be taking place during the entire month of February with promotions, giveaways and prizes.
Certain information in this News Release may constitute "forward-looking" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. When used in this News Release, this information may include words such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this News Release. Except as required by law, we assume no obligation to update or revise forward-looking information to reflect new events or circumstances. Additional information on the Company is available on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
MTY Food Group Inc.
Stanley Ma, Chairman, President & CEO
For further information:
For more information please contact Jean-Francois Dube, Investor Relations at 1-450-226-8475 or by email at [email protected] or visits our website: www.mtygroup.com or visit SEDAR's website at www.sedar.com under the Company's name.