American Restaurant Concepts Hires Private Equity Executive as CFO

American Restaurant Concepts said Tuesday that it has named Daniel Slone as CFO. Slone will be joining the company from private equity firm Blue Victory Holdings where he worked as a controller. Headquartered in Lafayette, Louisiana, American Restaurant Concepts is the operator and franchisor of Dick’s Wings & Grill restaurants.

PRESS RELEASE

LAFAYETTE, La., Aug. 20, 2013 /PRNewswire/ — American Restaurant Concepts, Inc. (OTCBB: ANPZ), operator and franchisor of the award-winning Dick’s Wings & Grill® restaurants, announced today that it has appointed Daniel Slone to serve as the new Chief Financial Officer of the Company. In his new role, Mr. Slone will oversee all aspects of the Company’s financial operations.
Throughout his career, Mr. Slone has held several senior management positions and achieved a proven record of success. He currently serves as the Controller of Blue Victory Holdings, a private equity firm focused primarily on the development and management of national restaurant franchises and other assets, where he has been integrally involved with the acquisition and integration of more than 30 franchised restaurants. Before Blue Victory, Mr. Slone served as the Director of Operations of LCS Corrections Services, a privatized corrections company with facilities in Louisiana, Texas, and Alabama. Prior to that, he acquired more than seven years of franchising experience with Pop-A-Lock, the largest professional locksmithing franchise in the country, initially serving as the Vice President and Director of Franchise Operations for the company and later serving as the Chief Financial Officer for the company’s largest franchisee. Mr. Slone earned the Certified Franchise Executiveâ„¢ designation from the International Franchise Association in 2007.
“I am very excited to join American Restaurants Concepts,” stated Mr. Slone. “I am particularly excited by the substantial market opportunity that the Company has for its unique franchised restaurants. The Company has a tremendous brand that will serve as a solid foundation for its future growth. In addition, it has implemented a major strategic and operational transformation through the addition of new personnel and the successful rehabilitation of its existing Dick’s Wings restaurants. I am pleased to be a part of the Company during this pivotal time in its history and look forward to working with Rick and his team as the Company executes upon its national expansion plans.”
“We are pleased to welcome Dan Slone as our new CFO,” added Richard Akam, Chief Executive Officer of American Restaurant Concepts. “Dan is a strong leader who has acquired several years of experience working with franchising operations in the restaurant industry and other industries during his career. His strategic insight, financial expertise, and sound business judgment will be important contributors to our future success. I have the utmost confidence in Dan based upon his previous accomplishments and demonstrated performance in our industry. I look forward to working closely with Dan as we open new restaurants throughout the country.”
About American Restaurant Concepts, Inc.
American Restaurant Concepts, Inc., headquartered in Lafayette, Louisiana, is the operator and franchisor of Dick’s Wings & Grill full-service restaurants and Dick’s Wing Express® express restaurants. The Company prides itself on the 365 original mouth-watering flavors it has created for its premium grade chicken wings. Dick’s Wings offers customers the freshest wings, sandwiches, burgers, wraps, salads and signature waffle fries, all in a unique setting that combines a family-friendly environment with a sports-themed restaurant. Dick’s Wings & Grill’s chicken wings have won numerous awards in Florida and Georgia. The Company currently has 15 full-service restaurants and 2 express restaurants. Sixteen of the restaurants are located in Florida, with one located in Georgia. For more information, please visit the company’s website at www.BestWingsEver.com.