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Avado Brands Inc · 8-K · For 10/1/04 · EX-99

Filed On 10/1/04 3:18pm ET   ·   SEC File 0-19542   ·   Accession Number 849101-4-31

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  As Of               Filer                 Filing     As/For/On Docs:Pgs

10/01/04  Avado Brands Inc                  8-K{1,5,7,910/01/04    3:12

Current Report   ·   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         3     15K 
 2: EX-10       Exhibit 10.1 - Employment Agreement                    7     55K 
 3: EX-99       Exhibit 99.1 - Press Release                           2±    10K 


EX-99   ·   Exhibit 99.1 - Press Release



                                                                    EXHIBIT 99.1

FOR IMMEDIATE RELEASE:                                                          

BARBRICK NAMED CEO OF AVADO BRANDS

     MADISON,  Ga. Sept. 30, 2004 -- Avado Brands  (OTC:AVDO.PK) today announced
that Raymond P. ("Rick") Barbrick has been named chief executive officer.  Avado
Brands is the parent company of Don Pablo's Mexican  Kitchen,  Hops Grillhouse &
Brewery and the new Hops City Grille.                                           

     Since  1992,  Barbrick  has been  with  Bertucci's  Corp.  and New  England
Restaurant  Group of North Borough,  Mass. Since December 2001, he has served as
president and chief  operating  officer for  Bertucci's  Corp. and also held the
positions of executive vice president and chief  operating  officer and division
president  at the  company.  He  spearheaded  the  chain's  transformation  from
"pizzeria" to a full-service  casual dining  concept.  In doing so, he developed
and executed the strategic plan encompassing marketing,  training and re-imaging
of 67 units and a new expanded menu offering more than 60 items.                

     Prior to his  career  with  Bertucci's,  Barbrick  was part of the Back Bay
Restaurant Group in Boston and held posts with MSM Management/CEV Corp., also of
Boston.                                                                         

     "Rick  Barbrick  is a proven  and  resourceful  leader  with an  impressive
background  in  foodservice  and an  outstanding  track  record for building and
rebuilding companies.  He will lead the continued turnaround of Avado Brands and
build on the  forward  progress  that has been made in our  brands,"  said Avado
Brands' interim Chief Executive Officer Kevin Leary of AlixPartners LLC.        

     "I'm extremely  proud to have been chosen to lead Avado  Brands,"  Barbrick
commented.  "This company has two well-established  concepts and a dedicated and
determined team rich in foodservice talent.  Together,  we will build a stronger
company that promises to have a very bright future."                            

         Avado Brands has been operating under Chapter 11 of the U.S. Bankruptcy
Code since Feb. 4, 2004. Barbrick was selected through a collaborative search   
conducted by the company, members of the Official Committee of Unsecured        
Creditors and certain post-petition lenders to the company. The terms of        
Barbrick's employment were approved on Sept. 27, 2004, by the bankruptcy court  
overseeing the company's reorganization.                                        

About Avado Brands                                                    

     Avado Brands owns and operates two proprietary  brands comprised of 102 Don
Pablo's  Mexican  Kitchens  and 37 Hops  Grillhouse  &  Breweries.  The  company
recently  introduced a new Hops City Grille concept that is currently in test in
Florida.   Additional   information   about  Avado   Brands  is   available   at
www.avado.com.                                                                  

     Statements contained in the press release that are not historical facts are
forward-looking  statements  as that term is defined in the  Private  Securities
Litigation  Reform Act of 1995.  All  forward-looking  statements are subject to
risks and  uncertainties  which could cause actual  results to differ from those
anticipated.   Factors  that  may  cause  actual  results  to  differ  from  the
forward-looking  statements  contained  in this  release and that may affect the
Company's  prospects in general are  described in Exhibit 99.1 to the  Company's
Form 10-Q for the fiscal  quarter  ended April 2, 2000 and the  Company's  other
filings with the Securities and Exchange Commission.                            

Dates Referenced Herein   and   Documents Incorporated By Reference

This 8-K Filing   Date   Other Filings
4/2/0010-Q
2/4/04
9/27/04
9/30/04
Filed On / Filed As Of / For The Period Ended10/1/04
 
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