Mr.
"Getting calls from numerous franchisees of six of the Top 15
chains is demonstrative of the opportunity we're facing. We feel that
we are on the threshold
of many great developments to come, and with
more than 120,000 quick-service restaurants grossing
more than
$100,000,000,000 annually, the market for our Self-Serve Systems is
ripe," Janovec concluded
.com/presentation. These risks and
uncertainties include the Company's uncertain profitability, need
for
significant capital, uncertainty concerning market acceptance of its
products, competition
, limited service and manufacturing facilities,
dependence on technological developments and protection
of its
intellectual property.
companies lender
Mr. Miller was Vice President of Operations in charge of
128 restaurants
.
RoboServer's flash video presentation of the Self-Serve System in
action can be viewed by clicking
the following link:
http://www.roboservercorp.covering magazine
quick companies
Miller was responsible for global
franchise development
of the Chili's Grill + Bar concept. Miller was made President of Romano's Macaroni Grill in 1997. With
139
restaurants in three states, operations are currently clustered in Taco
Bueno's primary markets
of Dallas/Ft.restaurant covering
Miller was most recently President of Brinker
International's Romano's Macaroni Grill
concept and, earlier in his career,
served as a Vice President of Operations for Taco Bueno.com)
is an established market leader in the Mexican Quick Serve restaurant segment,
distinguished by
the high quality and freshness of its food, speed and
convenience of its service, and reputation
for consumer value.S.com
About RoboServer Systems
RoboServer Systems (Pink Sheets:RBSY
) has developed and deployed
Point of Sale and Self-Serve software technology for the restaurant
industry
for more than three years.restaurant chains
John Miller, 50, most recently served as President of Romano's Macaroni
Grill, where he oversaw the growth of the chain from 99 restaurants to over
220 restaurants in
four countries.
Founded in 1967 and based in Dallas, Taco Bueno (http://www.
Investors
and media can receive a free investor kit for RoboServer
Systems Corp.reports restaurant
hospitality food
html
"The franchisees we
're dealing with are very anxious to bring our
technology to these leading restaurants, and we're
working towards
beginning pilot tests for some of those franchised locations," noted
Delmar Janovec
, RoboServer's CEO. Forward-looking statements usually contain
the words "estimate," "anticipate,
" "believe," "expect," or similar
expressions that involve risks and uncertainties.food franchise
Miller significantly
increased both revenues and profits at the concept and
substantially expanded its development program
. Miller's efforts at Taco Bueno were instrumental in
establishing its growth and prominence as a
regional market share leader. Taco Bueno's revenues for 2004 were approximately
$140 million. (Pink
Sheets:RBSY), developer of the revolutionary Self-Serve
System that enables quick-service restaurant
customers to process
their own orders on a touch-screen kiosk, is targeting installations
with
numerous franchised restaurants of six of the top 15
quick-service restaurant chains.
Similar
technology has been proven and deployed in large grocery
and hardware chains throughout the United
States because Self-Serve
technology reduces costs for businesses, and reduces ordering time for
customers.industry chains
More company information is available at www. The Company's actual results could differ
materially from those discussed herein.
publication companies
Joseph, Managing Director of
Palladium Equity
Partners. Miller served as President Mexican Concepts, acquiring and
integrating the On the Border
restaurant concept into Brinker, and led
planning for its repositioning, strategic direction, performance
and growth. Palladium considers investments across a range of
industries and target markets and has
a particular focus on companies that are
well-positioned to capitalize on the fast-growing U. Customers
can
process their own orders by selecting a few buttons on the
touch-screen, pay for their order
with the machine's bill acceptor or
credit card processor, and pick up their order at the counter
. Self-Serve technology is an industry-changing technology
that will become significantly more prevalent
in fast-food over the
next few years.lender concept
"Taco Bueno's patrons have long enjoyed the fresh
authenticity
of its food and the convenience of its service. With the
widespread popularity of Hispanic flavors
and cuisine, our priority now is to
build on Taco Bueno's rich heritage and its strong management
team by
expanding in both current and new markets. In his seven years as President, Mr. The
principals
have invested almost $1 billion of equity in 29 portfolio companies
over the last two decades.RoboServer
Targets Installations With Franchisees From 6 of Top 15 Restaurant Chains
com/qsr50/2004/charts/top50
. Management is currently working on software and product
development initiatives to install fully
integrated Self-Serve Systems
into the prospective pilot test locations.
Industry estimates show
that self-serve technologies can cut customer
waiting time by as much as 33%.targets chain
magazine chains
Hispanic market.food covering
From
1994 through
1997, Mr.shtml
RoboServer's kiosk-like Self-Serve System is similar to an ATM
machine
or self-checkout stand found in grocery stores -- but its
proprietary software systems are designed
specifically for
self-ordering at fast-food and quick-serve restaurants.publication covering
- Taco Bueno and Brinker
International Veteran John Miller Named CEO -
NEW YORK, Palladium Equity Partners, a private
equity firm based in New York, announced today that it has completed its
acquisition of TB Corporation
, parent of the Taco Bueno restaurant chain, from
Jacobson Partners, a private equity firm based in
New York.hospitality leader
Palladium also announced that it has named John Miller as Taco Bueno's new
Chief
Executive Officer. Miller replaces
Stephen Clark, who is remaining with Jacobson Partners, as CEO
of Bertucci's
Italian restaurants.
Successful pilot tests at franchised restaurants could prove
to be a
winning formula -- each quick-service restaurant using RoboServer's
machines could utilize
as many as three to six Self-Serve Systems per
location.covering companies
Joseph concluded. He
joined Brinker in
September 1987 as Vice President Special Concepts, and was
subsequently named Vice President, Joint
Venture/Franchise Department in
November of 1988.
Mr.
Palladium Equity Partners (http:
//www.com), based in New
York, is a private equity firm focusing investments in middle market
companies
.
The Company aspires to place its Self-Serve kiosks in these select
franchised locations of leading
restaurant chains for pilot tests.
The information contained in this press release may include
forward-looking statements.food chain
palladiumequity.
The Company's key growth product suite is the RoboServer
Self-Serve System -- a software and hardware terminal that allows
fast-food customers to order
and purchase their own food and
beverages, reducing the costly expense of employee services and
reducing
customer order time.covering senior
Palladium Equity Partners Completes Acquisition of Taco Bueno Restaurant Chain
industry leader
For Palladium Equity Partners For Taco Bueno
(212) 521-4800
(214) 523-9088
For competitive reasons, the names of the six chains
were not
disclosed, but more information on the Top 50 chains as ranked by QSR
Magazine is available
at
http://www.reports restaurant
"We are pleased to announce both the successful completion of Palladium's
acquisition
of Taco Bueno and the appointment of John Miller as Taco Bueno's
new Chief Executive Officer," said
Peter A. Miller began his foodservice career in 1974 at Taco Bueno, starting as
an assistant manager
in Tulsa and assuming positions of growing responsibility
in area and regional positions over the
next thirteen years. In that role, Mr.
Business Editors/Technology Editors
LAS VEGAS
----RoboServer Systems
Corp.RoboServerCorp. by contacting Investor Relations at
investors@roboservercorp
.lender media
A seasoned executive with over 25
years of foodservice experience who began his career in operations
at Taco
Bueno, John Miller is extremely well qualified to lead this initiative, and we
welcome
him to our team," Mr.
Mr. Mr.com.reports industry
tacobueno. Self-serve technology is a strong growth industry
that
demonstrates an easily quantifiable return on investment to client
restaurants, even in soft
economies.industry restaurant
Taco Bueno is a
premium quality, quick service restaurant chain offering Mexican food
in
locations in Texas, Oklahoma and Kansas. When he left
Taco Bueno in 1987, Mr. Worth, Abilene
, Texas, Oklahoma City and
Tulsa, Oklahoma. Additional restaurants are located in several other Texas
cities and Wichita, Kansas. Formed in 1997, Palladium currently has committed equity capital
in
excess of $650 million.
CONTACTS: David Lilly / Jeffrey Taufield Michelle Smith
Kekst and Company m strategies inc.qsrmagazine.targets senior
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