Famous Dave's Enters into Area Development Agreement for Four New Locations in California and Nevada

MINNEAPOLIS (BUSINESS WIRE) -- Famous Dave's of America, Inc. (NASDAQ: DAVE) President and CEO Christopher O'Donnell announced today that Savory Investments, LLC has purchased the right to franchise four Famous Dave's Legendary Pit Bar-B-Que(R) restaurants in California and Nevada. The California markets covered by the agreement include Redding and Chico, and the Nevada markets include Reno and Sparks. This marks the thirteenth and fourteenth locations in California, as well as the fifth and sixth locations in Nevada.

Savory Investments, LLC was founded by brothers Rory and Sean O'Neal. As operators of the new locations, the O'Neals bring over 20 years of foodservice and hospitality industry experience to Famous Dave's Legendary Pit Bar-B-Que(R) restaurants with companies such as Sysco Foodservice, California Cafe, Crocodile Cafe and Paragon Steakhouse.

"Famous Dave's continues to expand nationwide and we are proud to announce this area development agreement with Savory Investments," said Christopher O'Donnell, President and CEO of Famous Dave's. "Rory and Sean are veterans of the restaurant, hospitality and foodservice industries. Their restaurant management backgrounds are impressive and we look forward to working with their team on the expansion of the Famous Dave's brand in these new markets in California and Nevada."

Rory O'Neal of Savory Investments stated, "We are delighted to bring the award winning Famous Dave's restaurants to Northern California and Reno. Famous Dave's has won over 400 awards, including the 'Best of the West Nugget Rib Cook-off' and we are excited to share this 'Famous' brand with fans in these communities."

Open daily for lunch and dinner, Famous Dave's provides a hearty roundup of hickory smoked meats and award-winning Bar-B-Que ribs in an environment that family and friends can enjoy. Guests can dine in, order Bar-B-Que TO GO or have the restaurant cater a party or company event.

Famous Dave's offers a variety of signature menu items, including award-winning St. Louis-Style Ribs brushed with Rich & Sassy(R) Sauce, Texas Beef Brisket, Georgia Chopped Pork, Country Roasted Chicken, Wilbur Beans, Creamy Coleslaw and Dave's Famous Bread Pudding. Guests can also enjoy the delicious char-grilled burgers, lip smackin' sandwiches and homestyle desserts. A Lil' Wilbur Kid's Menu includes classic kid favorites, such as Macaroni & Cheese, Chicken Tenders and Root Beer Floats.

About Famous Dave's

Famous Dave's of America, Inc. (NASDAQ: DAVE) develops, owns, operates and franchises Bar-B-Que restaurants. The award-winning Bar-B-Que restaurants are known for barbequed and grilled meats, sandwiches, side items, salads and unique desserts. With 177 locations in 37 states, Famous Dave's has won over 400 awards for everything from best ribs to best Bar-B-Que sauce to best cookbook.

The Famous Dave's family also includes a Famous Dave's Rib Team, which has a stellar track record and has been ranked in first place at competitions throughout the United States, including the Best in the West Nugget Rib Cook-Off in Sparks, Nevada; the Great American Rib Cook-Off in Cleveland, Ohio; the Southern Florida Championship Cook Off in Jupiter, Florida and many, many more.

Statements in this press release that are not strictly historical, including but not limited to statements regarding the timing of our restaurant openings and the timing or success of our expansion plans, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.These forward-looking statements involve known and unknown risks, which may cause the company's actual results to differ materially from expected results.Although Famous Dave's of America, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectation will be attained.Factors that could cause actual results to differ materially from Famous Dave's expectation include financial performance, restaurant industry conditions, execution of restaurant development and construction programs, franchisee performance, changes in local or national economic conditions, availability of financing, governmental approvals and other risks detailed from time to time in the company's SEC reports.

SOURCE: Famous Dave's

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