Pie Five Breaks Top Five in FastCasual's Annual Movers and Shakers Ranking

Leading Fast Casual Pizza Chain Moves Up Ten Spots to Claim #3

DALLAS - May 18, 2015 /PRNewswire - A big high five to Pie Five Pizza Co. On Sunday, May 17, the nation's leading fast casual pizza chain claimed the 3rd highest spot on the annual Top 100 Movers and Shakers ranking published by FastCasual.com. Pie Five is the only fast casual chain to be on the coveted list three years in a row and moved up ten places on the list in just one year.

"It's always nice to be recognized by industry peers and we're honored," said Randy Gier, president and CEO of Rave Restaurant Group, parent company of Pie Five Pizza Co. "We work hard every day to give our customers a great pizza experience while supporting our franchise and company operators. In the end, it's really all about taking care of our customers and putting a smile on their faces one pie at time."

This marks the 10th year for FastCasual.com's annual Movers and Shakers awards ceremony. Analysts compiled over 800 nominations and chose winners based on multiple criteria including innovation, unit and revenue growth, use of technology and social media, branding, marketing and overall contribution to the fast casual industry.

"We are thankful for our loyal fans and hardworking team members and franchise partners," said Christina Coy, vice president of marketing for Pie Five Pizza Co. "We have a lot to be proud of and we're honored by this recognition."

Pie Five Pizza Co. has been named among FastCasual.com "Movers & Shakers" for three years in a row, a 2012 Hot Concepts winner by Nation's Restaurant News and one of "10 Hot New Restaurant Chains from Established Brands" by Forbes.com. The company currently has 48 locations in 14 states and the District of Columbia.

About Pie Five Pizza Co.

Pie Five is a subsidiary of RAVE Restaurant Group, Inc. (NASDAQ: RAVE), based in the Dallas suburb of The Colony, Texas. RAVE owns, franchises and supplies nearly 300 Pie Five and Pizza Inn restaurants operating domestically and internationally. Pie Five Pizza Co. is the leading brand in the rapidly growing fast-casual pizza space, offering individual handcrafted pizzas with fresh ingredients made to order in less than five minutes. For more information, please visit PieFivePizza.com.

SOURCE Pie Five Pizza Co.

Contact:

Melissa Simon
MWW Group
817-675-8317
msimon@mww.com

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