The Asian Quick Service Restaurants Expand
U.S. Presence
TSX Trading Symbol: "MTY"
MONTREAL, May 17, 2017 /PRNewswire/ - Thaï
Express® (www.ThaiExpress.ca) is proud
to announce that it has opened its first location in the United States, in the food court of the
Mall of America, in Bloomington,
MN.
"This is the first of many locations in the United States for Thaï Express. We
are thrilled to bring the American consumer one of MTY's most
successful Canadian brands" said Stanley
Ma, Chairman of the Board and Chief Executive Officer of MTY
Food Group Inc. ("MTY"). "We plan to aggressively
develop Thaï Express in the United
States in the coming years; opening the first store is a
great milestone in our development plan".
About Thaï Express
Thaï Express® is a new
take on traditional Thai cuisine that began in Canada and is currently expanding into the
U.S. Tailored to your taste and prepared fresh when you order, Thaï
Express provides fun, flavorful and healthy meals. As a premier
Thai food franchise, the company believes in providing variety,
quality and authenticity at modern food boutiques. In 2004, Thaï
Express was acquired by MTY Food Group Inc. and now has over 285
locations across North America.
For more information about Thaï Express, visit
www.ThaiExpress.ca.
About MTY Food Group Inc.
Headquartered in
St-Laurent, QC (Canada), MTY is one of the leaders in the
quick service restaurant industry, with 60 brands and over 5,500
restaurants in operation in the United
States, in Canada and
internationally. MTY's network is expected to generate over
$2 billion in sales in 2017. To
learn more about MTY, please visit the company's website at
www.mtygroup.com.
Forward-looking statements
This press release includes
forward-looking statements, which are often identified by the words
"may," "might," "believes," "thinks," "anticipates," "plans,"
"expects," "intends" or similar expressions and reflect
management's expectations regarding future events and operating
performance, speak only as of the date hereof. These
forward-looking statements include statements about MTY's
expectations regarding its ability to expand the Thaï Express brand
and business in the United States.
The factors that could cause actual results to differ materially
from MTY's expectations are detailed in filings of MTY's annual and
quarterly reports and include the following: risks related to
MTY's ability to successfully implement its domestic and
international growth strategy; risks related to MTY's ability to
compete domestically and internationally in an intensely
competitive industry. Other than as required under Canadian
securities laws, we do not assume a duty to update these
forward-looking statements, whether as a result of new information,
subsequent events or circumstances, change in expectations or
otherwise.
SOURCE MTY Food Group Inc.