Nathan’s Famous Launches Kitopi Partnership to Bring Nathan’s Famous to All of Dubai via Delivery

(BUSINESS WIRE) -- Nathan’s Famous, Inc., the American tradition serving New York favorites for more than 100 years, announced the Dubai launch of its partnership with Kitopi, the world’s leading managed cloud kitchen platform, at the end of August. Partnering with Kitopi earlier this year, Nathan’s has officially launched its partnership to Dubai with the plans to expand to Kuwait, Saudi Arabia and Abu Dhabi within the next six months. Nathan’s Famous will also introduce a new menu item, the Burj-urger, which is made with 16 angus-beef patties topped with American cheese served on a toasted buttered potato bun, to be exclusively distributed across the Middle East.

"This partnership with Kitopi gives Nathan’s Famous an exciting position in the Gulf Region, allowing us to expand our service and offer the flavor of New York to everyone in Dubai," states James Walker, Senior Vice President, Restaurants. “With the response we have experienced since announcing our Mezzan distribution, we are confident that the people of Dubai will love both our 100-year-old classics as well as all the new menu items we have introduced, specifically the Burj-urger.”

Customers in Dubai can order menu items from Nathan’s Famous classic hot dog to its new hand-dipped chicken sandwiches through the following restaurant delivery platforms: Zomato, Deliveroo, Careem and Talabat.

“What this partnership with an iconic, 100-year-old brand reaffirms is how important it is to embrace innovation, in order to succeed,” says Paul Zoghbi, Managing Director - EMEA at Kitopi. “We are thrilled to partner with Nathan’s to help them expand in the Gulf, bringing the people of Dubai a taste of New York with their much-loved comfort food.”

As another portion of Nathan’s Famous expansion into the Middle East, Nathan’s has recently partnered with Mezzan to manufacture and distribute Halal hot dogs across the Gulf Region. On top of the expansion into the Middle East, Nathan’s is growing across the globe, with a recent 30 store deal signed with SOCAR in and around Kiev, Ukraine,

To learn more Nathan’s Famous, visit www.nathansfamous.com

About Nathan’s Famous

Nathan’s is a Russell 2000 Company that currently distributes its products in 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, and fourteen foreign countries through its restaurant system, foodservice sales programs and product licensing activities. Last year, over 700 million Nathan’s Famous hot dogs were sold. Nathan’s was ranked #22 on the Forbes 2014 list of the Best Small Companies in America and was listed as the Best Small Company in New York State in October 2013. For additional information about Nathan’s, please visit our website at www.nathansfamous.com.

About Kitopi

Kitopi is the world’s leading state-of-the-art, managed cloud kitchen platform. Founded in January 2018, Kitopi is dually headquartered in New York and Dubai, and has more than 1500 employees. It currently operates more than 30 kitchens in 5 countries (UK, USA, KSA, UAE and Kuwait), partnering with more than 120 restaurants to drive forth its mission of powering the food economy by revolutionizing the way people can access food.

Except for historical information contained in this news release, the matters discussed are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that involve risks and uncertainties. Words such as “anticipate”, “believe”, “estimate”, “expect”, “intend”, and similar expressions identify forward-looking statements, which are based on the current belief of the Company’s management, as well as assumptions made by and information currently available to the Company’s management. Among the factors that could cause actual results to differ materially include but are not limited to: the status of our licensing and supply agreements, including the impact of our supply agreement for hot dogs with John Morrell & Co.; the impact of our indebtedness, including the effect on our ability to fund working capital, operations and make new investments; economic; weather (including the impact on the supply of cattle and the impact on sales at our restaurants particularly during the summer months), and change in the price of beef trimmings; our ability to pass on the cost of any price increases in beef and beef trimmings; legislative and business conditions; the collectability of receivables; changes in consumer tastes; the ability to attract franchisees; the impact of the minimum wage legislation on labor costs in New York State or other changes in labor laws, including regulations which could render a franchisor as a “joint employee” or the impact of our new union contracts; our ability to attract competent restaurant and managerial personnel; the enforceability of international franchising agreements; the future effects of any food borne illness, such as bovine spongiform encephalopathy, BSE and e coli; and the risk factors reported from time to time in the Company’s SEC reports. The Company does not undertake any obligation to update such forward-looking statements.

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