LAFAYETTE, La. – November 7, 2016 – ARC Group, Inc. (OTCQB: ARCK), the owner, operator and franchisor of the award-winning Dick’s Wings & Grill® concept, today announced that it has partnered with Ancient City Brewing to brew the first of what may evolve into a new line of Dick’s Craft Beers™.
Named “Victory Lane Amber Ale,” the new beer is a medium bodied amber ale with a mild caramel and hop aroma, toasted malt and sweet flavor with a flash of fresh hop that finishes clean on the palate. The one-of-a-kind ale was specially formulated by ARC Group and Ancient City Brewing to perfectly complement Dick’s Wings® mouth-watering chicken wings and Dick’s Blingz® boneless chicken wings.
“I am proud to announce that we have created our first proprietary craft beer for Dick’s Wings & Grill,” stated Richard W. Akam, Chief Executive Officer of ARC Group. “Our new ‘Victory Lane Amber Ale’, named after our customer-favorite chicken wing flavor, was specially formulated to pair perfectly with our world-famous chicken wings. It is intended to be easily drinkable by everyone regardless of age or gender, and with an ABV of 5.3%, will help our customers drink in a responsible manner while enjoying our famous chicken wings.”
“We chose Ancient City Brewing because of their high-quality craft beers and their outstanding reputation in the community,” continued Akam. “Our unique relationship with Ancient City Brewing furthers our local involvement with talented local companies in the greater Jacksonville area, as well as with our day-to-day customers. It also helps enhance the Dick’s Wings experience for our customers, building brand loyalty and awareness. ‘Victory Lane Amber Ale’ is the first of what we hope will be many proprietary beers under the Dick’s Craft Beers line that we will create with Ancient City Brewing.”
“We are excited to partner with Dick’s Wings on their first proprietary craft beer,” commented Greg Tuttle, Founder and President of Ancient City Brewing. “Chicken wings and beer have gone hand-in-hand for years. What better exemplifies this than combining our world-class beers with Dick’s Wings chicken wings? Dick’s Wings is a very popular brand, and their chicken wings are the best anywhere. We look forward to working with Rick and his team to design more proprietary craft beers in the future.”
ARC Group will be hosting a rollout party for its new ale at the Dick’s Wings located at 100 Marketside Avenue in the Nocatee development in Ponte Vedra, Fla. on November 10th, and the Dick’s Wings located at 6055 Youngerman Circle in Argyle Village in Jacksonville, Fla. on November 16th. It expects to introduce its new ale at all of its other Dick’s Wing’s restaurants during the following three to four weeks.
About Ancient City Brewing
Ancient City Brewing has been proudly serving the highest quality craft beers since May 2015. The brewery is located in the old Mile Marker Brewery facility off S.R. 16 in St. Augustine, Fla. Led by Greg Tuttle, its Founder and President, and Vance Joy, its Head Brewer, the company offers a large selection of the finest craft beers, including Ponce’s Pale Ale, Galleon’s Golden Ale, Castillo Coconut Porter and Anastasia Island IPA. For more information, please visit www.ancientcitybrewing.com.
About ARC Group, Inc.
ARC Group, Inc., headquartered in Lafayette, Louisiana, is the owner, operator and franchisor of the Dick’s Wings & Grill concept and the co-owner of the owner, operator and franchisor of the Wing Nutz® concept. Now in its 22nd year of operation, Dick’s Wings prides itself on its award-winning chicken wings and hog wings spun in its signature sauces and seasonings. Wing Nutz offers a large selection of premium baked chicken wings and other baked products. Dick’s Wings has 18 restaurants in Florida and six restaurants in Georgia. It also has two concession stands at EverBank Field, home of the NFL’s Jacksonville Jaguars. Wing Nutz has nine restaurants in Utah, two restaurants in Texas, one restaurant in Nevada and one restaurant in Idaho. For more information, please visit www.dickswingsandgrill.com.
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This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the Company’s future financial position, business strategy, plans and objectives, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expects,” “intends,” “plans,” “projects,” “estimates,” “anticipates,” or “believes” or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, those factors set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 and its other filings and submissions with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements.
Lambert, Edwards & Associates