Pie Five Pizza Adds Six New Locations to South Central Development Deal

Nation's Leading Fast Casual Pizza Chain Expands in Texarkana, Louisiana and East Texas

DALLAS - June 17, 2015 // PRNewswire // - Dallas-based Pie Five Pizza is heating up all over the country. The brand known for handcrafted pizzas, made with farm fresh ingredients baked with lightning speed announced a new development deal with existing franchise partner, Nathan Cage, which includes locations in Louisiana, Texarkana and East Texas.

"Nathan is a rock star restaurant operator that understands the value and artisan quality we're bringing to the fast casual pizza segment," said Randy Gier, chief eating officer of Rave Restaurant Group, Inc. "We continue to build a very solid new store development pipeline with talented franchise partners who are increasing their stake our brand."

Last year, Cage, signed on to open eight locations in West Texas. His first location in Lubbock will open later this year. Cage is a seasoned restaurant operator who also owns several Wingstop restaurants and has been recognized as "Local Restaurant Marketer of the Year" and with a "Top Gun Award" for his successful businesses. Having witnessed Pie Five's accelerated franchise growth around the country, Cage plans to combine his industry know-how with the chain's revolutionary fast casual concept.

"The fast casual pizza segment is on fire and Pie Five is clearly the industry leader," said Cage. "They've put together an all-star list of franchise partners that will all work together to grow and elevate the brand. It also doesn't hurt that they offer the best tasting pizza made with all the fresh toppings you want in less than five minutes, at such a great price."

At Pie Five, guests can choose from more than a million combinations of handcrafted pizzas and a variety of specialty pie choices prepared in less than five minutes on one of four crusts, all for one low price. Pies bake in just 145 seconds in a custom-designed, state-of-the-art oven. By the time the guest arrives at the register, their hot, bubbly, pizza perfection is ready. Additionally, they can add one of Pie Five's freshly-tossed hand-made salads served in a baked pizza dough bowl or a decadent home-baked brownie or cookie pie to their meal. The rapidly expanding chain is capitalizing on growing consumer demand for fresh dining options and artisan pizzas in stylish environments without the wait.

Pie Five Pizza has been named among Fast Casual's Top "Movers & Shakers" for three consecutive years, 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 52 locations in 15 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, 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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