Wichita, Kansas, Jan. 5, 1998 (PRIMEZONE) -- Lone Star Steakhouse & Saloon, Inc. (Nasdaq: STAR) announced today that Rob Kendall, Chief Operating Officer of the Company has resigned to pursue other interests.
Jamie B. Coulter, Chairman and Chief Executive Officer of the Company stated that "We are all sorry to see Rob leave, but wish him the best of luck. The whole management team thanks Rob for all that he has helped the Company to accomplish in his nine years with Lone Star. By completing the Company's recent retraining and re-certification effort, Rob has helped lay the foundation and implement practices that will help the Company's growth well into the future."
Mr. Kendall's duties will be split between two of the Company's Regional Managers until a successor to Mr. Kendall has been selected.
The Company owns and operates 267 domestic and 40 Lone Star Steakhouse & Saloon restaurants in Australia, three Del Frisco's Double Eagle Steak House restaurants and ten Sullivan's Steakhouse restaurants.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes the assumptions underlying the forward-looking statements contained herein, including the development plans of the Company, future sales levels, and operating costs are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements contained in the press release will prove to be accurate.
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