Blueprint
Exhibit 99.1
NEWS BULLETIN
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RE:NOBLE
ROMAN'S, INC.
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6612 E. 75th Street, Suite 450
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Indianapolis, IN 46250
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FOR ADDITIONAL INFORMATION, CONTACT:
For Media Information: Scott Mobley, President & CEO
317/634-3377
For Investor Relations: Paul Mobley, Executive Chairman
317/634-3377
Noble Roman’s Announces the Addition of
William L. Wildman to the Board of Directors
(Indianapolis, Indiana)
– June 13, 2019 - Noble Roman's, Inc. (OTCQB: NROM), the
Indianapolis based franchisor and licensor of Noble Roman’s
Pizza and Craft Pizza & Pub, today announced it has
added Mr. William L. Wildman to serve on its board of directors
effective June 13, 2019.
William
Wildman (“Bill”) is President and Chief Executive
Officer of Pinnacle Commercial Capital, a leading provider of
growth funding to multi-unit
franchisees and franchisors. Bill has been in the finance
industry for over 38 years with the past 32 years specifically
focused on franchising; he is recognized as one of the top experts
in the country on the restaurant industry. Throughout his
distinguished career, Bill has developed extensive working
knowledge of restaurant concepts, their franchisors and their
franchise groups, both multi-unit and single-unit operators, and is
recognized as one of the most well-connected and knowledgeable
leaders in the industry. Additionally, Bill has developed a strong
mastery of practical leadership and operational concerns, having
been a franchisee of TGI Fridays and Buffalo Wild
Wings.
Bill
has a broad range of key management and franchise finance
experience with specific strengths in strategic planning,
organizational development, and marketing as well as significant
knowledge of and relationships with franchising and financial
contacts cultivated over his long career. He has substantial
experience in structuring proprietary alternative financing
platforms for franchisors to provide capital to their
franchisees.
Before
founding Pinnacle Commercial Capital in 2002, Bill was a Vice
President with Provident Bank, a $20 billion regional commercial
bank where he established a nationwide franchise-lending program
providing direct funding to multi-unit operators of various brands.
Before Provident Bank, he was vice president of Atherton Capital, a
San Francisco based capital markets lender specializing in
franchise finance. During this tenure, he crafted and managed the
specialty retail division of Atherton where he led a team of
professionals specializing in originating and funding franchise
loans to specialty retail concepts nationwide. Prior to joining
Atherton, Bill was Vice President with Meridian Financial
Corporation, an equipment leasing company in Indianapolis providing
capital to early startup franchise companies in the restaurant
industry. Bill studied at the University of Evansville with
emphasis in business and Law with additional financial management
studies at the Indiana Banking School at Purdue.
Pinnacle Commercial Capital, a privately
held, Indianapolis-based specialty commercial finance
company, provides business and franchise financing
nationally to operators of quick service, casual dining, and family
dining restaurants and other specialty retail outlets. Pinnacle has developed a particular
expertise in customizing specially designed franchisor related
lending programs tailored to enable franchisees to enhance growth
and development as well as undertake re-imaging projects. Pinnacle
has financed a number of franchisees in many of the most successful
franchise brands throughout the world. Pinnacle's professionals
originate and underwrite various loan products in all regions
of the United States through six offices,
including: Indianapolis, IN; Venice, FL; Birmingham,
AL; Minneapolis, MN; Annapolis, MD; Dallas, TX; Westin,
CT; Boston, MA, and New York, NY.
“We
are excited to have someone of Mr. Wildman's stature, restaurant
industry knowledge and wealth of industry experience joining our
board of directors,” said Mr. Scott Mobley, President and CEO
of Noble Romans, Inc. Mr. Mobley further stated,
“Bill’s extensive knowledge and combined experience in
the restaurant industry and capital markets should prove to be a
tremendous asset to the company as it expands both its Craft Pizza
& Pub concept and its non-traditional franchising
efforts.”
When
asked about his appointment to the board of directors of Noble
Roman’s, Mr. Wildman said, “I am excited to join the
Noble Roman’s board of directors. Noble Roman’s is well
poised for significant long-term success with its notable strong
product and especially with its Craft Pizza & Pub concept,
which has distinguished itself apart from the other fast casual
pizza concepts." Mr. Wildman was appointed as a Class II Director,
whose term will expire at the 2021 Annual Meeting of the
Shareholders.
The statements contained in this press release concerning the
company's future revenues, profitability, financial resources,
market demand and product development are forward-looking
statements (as such term is defined in the Private Securities
Litigation Reform Act of 1995) relating to the company that are
based on the beliefs of the management of the company, as well as
assumptions and estimates made by and information currently
available to the company's management. The company's actual results
in the future may differ materially from those projected in the
forward-looking statements due to risks and uncertainties that
exist in the company’s operations and business environment,
including, but not limited to: competitive factors, pricing
pressures, non-renewal of franchise agreements, shifts in market
demand, the success of new franchise programs, including Noble
Roman’s Craft Pizza & Pub venue, the company’s
ability to successfully operate an increased number of
company-owned restaurants, general economic conditions, changes in
purchases of or demand for the company's products, licenses or
franchises, the success or failure of individual franchisees and
licensees, changes in prices or supplies of food ingredients and
labor, and dependence on continued involvement of current
management. Should one or more of these risks or uncertainties
materialize, or should underlying assumptions or estimates prove
incorrect, actual results may differ materially from those
described herein as anticipated, believed, estimated, expected or
intended. The company undertakes no obligations to update the
information in this press release for subsequent
events.
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