Here comes another one:
CARLSBAD, Calif., Nov 05, 2008 /PRNewswire-FirstCall via COMTEX/ -- NTN Buzztime, Inc. (NTN) today announced that veteran chain restaurant executive Kenneth L. Keymer has become an additional member of the Company's Board of Directors, raising the total number of Board members to seven.
Most recently CEO of VICORP Restaurants between April 2007 and May 2008, Kenneth Keymer has nearly 30 years experience as an executive with large chain restaurant operations. As CEO of VICORP, whose operations encompassed 390 restaurants under the Baker's Square and Village Inn brand names, two commissaries and a dessert manufacturing operation, he led a senior executive team in developing sales- and profit-enhancing menu initiatives and prototype designs, successfully reducing losses and improving profitability. He had served as a member of VICORP's Board of Directors since July 2005 before additionally becoming CEO at the request of the Board of Directors and investors.
Mr. Keymer served as CEO of 1,800-unit AFC Enterprises between September 2005 and May 2007, having been President of that publicly traded company's Popeyes Chicken and Biscuits business segment between June 2004 and September 2005. In those capacities, he was instrumental in achieving new unit growth of approximately 10% per year, broadening the menu and leading the company through the crisis of Hurricane Katrina, which severely impacted one of its most important geographical regions. In the 1984 through 1986 period, he had been a Vice President of Popeyes.
Prior to June 2004, he was President, Co-CEO and Board member of Noodles & Company; President, COO and Board member of Sonic Corporation and its subsidiaries; Executive Vice President of Perkins Family Restaurants; Senior Vice President of Boston Chicken; Vice President of Taco Bell Corporation; V.P. Operations and Human Resources with Sambos Restaurants; and Director of Human Resources for Hardee's Food Systems. Prior to beginning his foodservice career in 1979, he held positions with the Office of the Chief of Naval Operations and the Defense Intelligence Agency. He holds an M.S.A in Information Technology from George Washington University and a B.S. in Engineering from the U.S. Naval Academy.
"Kenneth Keymer's deep background in the strategic direction of restaurant venues will provide our Board of Directors with invaluable insights into the thinking and competitive strategies of bar and restaurant owners and operators who comprise our subscriber base," commented NTN Buzztime's Chairman and interim CEO, Michael Fleming. "We are pleased to set a seventh chair at the Board table to gain the benefits of his experience and successful track record."
Mr. Keymer said, "I am excited and enthusiastic to join the NTN Buzztime Board. My experience has taught me that although successful restaurant growth strategies always involve food and drink, there are many additional elements to any formula that has lasting appeal to a loyal and growing customer base. So I look forward to contributing to this industry leader's ability to transform a venue into a destination and to elevate a night out into a truly special, fun and memorable event."
About NTN Buzztime, Inc.
NTN Buzztime, Inc., a leader in multi-point social interactive entertainment for more than 20 years, is based in Carlsbad, CA. Buzztime is distributed in-home and out-of-home across broadband platforms including online, cable TV, satellite TV, and in approximately 3,750 restaurants, sports bars and pubs throughout North America. Buzztime entertainment is also available on electronic games and in books. For more information, please visit http://www.buzztime.com.
Buzztime is a proud member of the OVAB | Out-of-home Video Advertising Bureau.
Buzztime is a registered trademark of Buzztime Entertainment, Inc. and Playmaker is a registered trademark of NTN Buzztime, Inc.
Forward-looking Statements
This release contains forward-looking statements which reflect management's current views of future events and operations. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include corporate governance matters, the risk of changing economic conditions, failure of product demand or market acceptance of both existing and new products and services and the impact of competitive products and pricing. Please see NTN Buzztime, Inc.'s recent filings with the Securities and Exchange Commission for information about these and other risks that may affect the Company. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements speak only as of the date hereof, and NTN Buzztime, Inc. does not undertake to publicly update or revise any of its forward-looking statements, even if experience or future changes show that the indicated results or events will not be realized.
SOURCE NTN Buzztime, Inc.
http://www.buzztime.com
