Breezeplay,
LLC Retains Chanticleer Holdings, Inc.
as
Business Advisor
CHARLOTTE, N.C. – March 27, 2009-- Chanticleer Holdings, Inc.
(OTCBB: CEEH.OB) today announced that the
Company has entered into a Business Consulting Agreement with Charlotte based,
BreezePlay, LLC, a green technology company. Chanticleer will leverage its
strong relationships in the restaurant and financial industry to assist
BreezePlay in gaining further market acceptance for its EnviroScape Energy
Management and Control savings solution.
In
exchange for a 2.5% equity stake in BreezePlay, Chanticleer Holdings has agreed
to assist BreezePlay in executing its business plan, including providing
guidance to improve BreezePlay’s capital raising initiatives and sales efforts
for a period of one year. Specifically, Chanticleer will introduce BreezePlay to
restaurant operators for commercial application, assist in the development of a
board of directors, and provide introductions to potential institutional and
high net worth investors. Additionally, Chanticleer will receive a commission
based on any sales from their business development activities.
BreezePlay’s
EnviroScape Energy Management and Control system represents the next generation
in climate control and resource management. The technology facilitates
real-time, remote climate control via touch panels and/or the internet, removing
this responsibility from on-site staff. Additionally, the technology enables
real-time electricity measurement at individual sites, or across multiple
locations, making it an ideal solution for restaurant owners who manage multiple
locations. Currently, the EnviroScape Energy Management and Control system
technology is being utilized in Applebee’s, Arby’s, Burger King, Church’s
Chicken, Dunkin’ Donuts, KFC, and Pizza Hut, among other
Franchises.
Michael Pruitt, chief executive officer
of Chanticleer, said, “In 2009, we have been focusing on expanding our advisory
services business looking to advise forward-looking companies with upside
potential. With the EnviroScape Energy Management and Control system from
BreezePlay, restaurant owners can reduce their energy costs approximately 10%,
while at the same time helping to protect the environment. We are excited to
begin assisting BreezePlay capture additional market share by leveraging our
existing business relationships.”
About
Chanticleer Holdings, Inc.
Chanticleer
Holdings, Inc. is a publicly traded holding company that is headquartered in
Charlotte, NC. It operates two wholly-owned operating subsidiaries:
Chanticleer Advisors, an investment manager; and Avenel Ventures, a consulting
firm. Additionally, the company owns several minority investments in
private companies, including an interest in a convertible note into Hooters of
America, Inc. Chanticleer Holdings, Inc. was formed in 2005 as a business
development company. In 2008 our shareholders elected to convert to an operating
holding company. For further information, please visit www.chanticleerholdings.com.
About
BreezePlay, LLC
BreezePlay
develops innovative ways to leverage technology for the purpose of making homes
and businesses more convenient and energy efficient. With unique products and
services, BreezePlay customers can affect energy conservation with energy
conservation and reporting tools that provide awareness, automation, and access.
For further information, please visit www.breezeplay.com.
This
press release contains forward-looking statements subject to the inherent
uncertainties in predicting future results and conditions. Any statements that
are not statement of historical fact (including statements containing the words
"believes," "plans," "anticipate," "expects," "estimates," and similar
expressions) should also be considered to be forward-looking statements. Certain
factors could cause actual results and conditions to differ materially from
those projected in these forward looking statements. These factors are
identified from time to time in our filings with the Securities and Exchange
Commission. We undertake no obligation to update such statements to reflect
subsequent events.
CONTACTS:
For
BreezePlay, LLC
Glenn
Barrett, President
(704)
749.3971
Bob Gary,
Sr. VP Business Development
(678)
360.3421
For
Chanticleer Holdings, Inc.
Mike
Pruitt, CEO
(704)
366.5122
Investor
Relations - ZA Consulting, Inc.
(212)
505.5976