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MINNEAPOLIS (BUSINESS WIRE), July 20, 2006 - Granite City Food & Brewery Ltd. (Nasdaq:GCFB) announced today that company veteran, Eric Laclair, has been promoted to Vice President of Operations.
Laclair, who had been the company's first District Operations Manager for its Iowa and Nebraska region, has been with Granite City Food & Brewery since its inception.
"We are very excited with our decision to promote Eric," said Steve Wagenheim, president and CEO of Granite City Food & Brewery. "Over the years, Granite City has developed its own culture, product specifications and standards of operations of which Mr. Laclair has helped create and implement. Eric has been with us since inception, including the development stages of these standards, and is now well positioned to help us continue to grow strong, consistent operations."
Tim Cary, Granite City's Chief Operating Officer said, "Since the beginning of the Granite City concept, Eric has been supervising, coaching and supporting our current and future operators. We believe we will be stronger operationally with Eric directly involved in the development and mentoring of our existing and future District Operators."
Granite City Food & Brewery Ltd. currently operates 14 Granite City Food & Brewery casual dining restaurants featuring made-from-scratch food and handcrafted beers. Its broad menu offers traditional and regional foods served in generous portions at reasonable prices, affording guests an excellent value and great dining experience. Its first Granite City opened in St. Cloud, MN in June 1999. Subsequently, the company opened restaurants in Sioux Falls, SD, Fargo, ND, Des Moines, Cedar Rapids and Davenport, IA, Lincoln, NE, Maple Grove and Eagan, MN, East and West Wichita, Kansas City and Olathe, KS, and Kansas City, MO.
Certain statements made in this press release of a non-historical nature constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated. Such factors include, but are not limited to, changes in economic conditions, changes in consumer preferences or discretionary consumer spending, a significant change in the performance of any existing restaurants, the ability to obtain financing for, and complete construction of, additional restaurants at acceptable costs, our ability to implement and execute Fermentus Interruptus and the risks and uncertainties described in our Annual Report on Form 10-KSB for the fiscal year ended December 27, 2005, filed with the Securities and Exchange Commission on March 27, 2006.
CONTACT:
Granite City Food & Brewery Ltd.
Steven J. Wagenheim, 952-215-0678 or 612-751-3331
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