COLORADO SPRINGS, Colo., Aug. 22, 2011 (GLOBE NEWSWIRE) -- Accredited Members Holding Corporation (OTCBB:ACCM), in conjunction with Ryan Tedder of OneRepublic, announced today the formation of a joint venture that has entered into an agreement with the owners of Southern Hospitality BBQ to develop up to 30 restaurants in key cities across the United States. Southern Hospitality BBQ, which first opened in 2007, has two restaurants in New York City. The casual dining concept opened its growth prototype at 45th and 9th in Hell's Kitchen earlier this year.
Ryan Tedder states: "I have been involved with Southern Hospitality BBQ in New York for some time and I'm looking forward to taking this relationship to the next level. Southern Hospitality BBQ is the ultimate place to hang, bring your friends, family and enjoy the greatest food, drink, vibe and energy you can plug into, anywhere. . . . it's like no other restaurant."
JW Roth, CEO of Accredited Members, adds: "Our intent is to build a powerful network of Southern Hospitality BBQ restaurants across America, building on its emphasis on quality food, great service and excellent ambience, combined with a celebrity component. We are very excited about our relationship with Southern Hospitality BBQ and its prospects for success in the casual dining segment. The brand has certain intangibles that differentiate it from its competitors which we believe will resonate with guests around the country as it has in New York. "
Eytan Sugarman, Co-Founder and Owner of Southern Hospitality BBQ comments: "We have enjoyed a great relationship with Ryan and we look forward to working with him and the Accredited Members team on this exciting endeavor."
The first ten markets slated for development are Denver, Nashville, Scottsdale/Phoenix, Dallas, Austin, Houston, Washington, D.C., Palo Alto, New Orleans, and Atlanta.
About Accredited Members:
Accredited Members Holding Corporation (OTCBB:ACCM) is the parent company for Accredited Members Inc., which is a leading publisher of information and investment research about small and micro cap companies. Accredited Members Inc. holds conferences for investors to meet and build relationships with small/micro cap companies and other member investors, publishes a quarterly magazine, and provides a monthly Research Report for its members. In addition, through its Accredited Members Managed Services division, the Company provides contract C-Level executive and consulting services to emerging private companies.
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Forward-Looking Statements:
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