3465 Thimens, St-Laurent, Quebec, H4R 1V5
February 16, 2012 TSX Trading Symbol: "MTY"
NEWS RELEASE
MTY TO DEVELOP TWO OF ITS BRANDS IN LEBANON
Montreal, MTY Food Group Inc. ("MTY" or the "Company") (TSX:
MTY), franchisor and operator of
2,263 quick service restaurants, reports today its wholly
owned subsidiary, MTY Tiki Ming Enterprises Inc., has signed
two area master development agreements with a master
franchisee to develop two of its brands, Vanellis and Country
Style in Lebanon.
"We are very excited to continue our expansion in another new
market. We are entering Lebanon with a solid business partner
and we are confident that both concepts will be successful in
this context", says Stanley Ma, President & CEO of MTY Group.
"MTY will continue to look for new opportunities in the MENA
region, and other countries in the future".
Certain information in this News Release may constitute
"forward-looking" information that involves known
and unknown risks, uncertainties, future expectations and
other factors which may cause the actual results, performance
or achievements of the Company or industry results, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
information. When used in this News Release, this information
may include words such as "anticipate",
"estimate", "may", "will",
"expect", "believe", "plan" and
other terminology. This information reflects current
expectations regarding future events and operating
performance and speaks only as of the date of this News
Release. Except as required by law, we assume no obligation
to update or revise forward-looking information to reflect
new events or circumstances. Additional information on the
Company is available on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
MTY Food Group Inc.
Per:
Stanley Ma, Chairman, President & CEO
For more information please contact Jean-Francois Dube,
Investor Relations at 1-450-226-8475 or by email at jfdube@mac.comor
visits our website: www.mtygroup.comor visit SEDAR's website at www.sedar.comunder
the Company's name.
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