LOYAL LUBIES SINK THEIR TEETH INTO QUAKER STEAK & LUBE’S® MUNCH MADNESS AND NEW MENU ITEMS FOR 2012

Quaker Steak & Lube®, known for its Best Wings USA and over 20 sauce varieties, rolled out a new menu today. The new menu will be appearing in all of the award-winning casual-dining concept’s 47 restaurants in 15 states and Canada. Highlights of the new menu include the following Shrimp and Salmon features: Pan Asian Salmon Bowl, Asian Glazed Salmon Salad, Sizzlin’ Shrimp Roasted Corn Quesadilla and Char Grilled Salmon.  The company also launched its new appetizer size flatbreads.

“Flavor is always on the menu at The Lube®, and we’re excited to introduce our customers to our delicious new appetizers and entrees,” said John Longstreet, president and chief executive officer, Quaker Steak & Lube®. “Creating a memorable dining experience with quality food has always been a priority at all of our restaurants, and these new items will be wonderful additions to our existing menu.”

In addition to the new menu, The Lube®’s first of three annual limited time offers will also debut this month.  Themed “Munch Madness”, this limited time menu features appetizers to sink your teeth into and “7 Wonders of The Lube®” – seven rounds of thirst quenchers for the 21 and over crowd.  One of The Lube®’s “7 Wonders” is the Cheers Magazine Award Winning Bar Jars, allowing customers to savor the beverage inside and keep the glass!  Diners will find old and new favorites on the limited time “Munch Madness” menu, which features delicious edibles like Sweet Potato Retreads, Texas Hold-Ems BBQ Pork Sliders, Greek Nachos, and QS&L Queso Loaded Nachos.

Today, Quaker Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won hundreds of national and international awards for its wings and 20 different wing sauces.  In October, the company opened its newest restaurant in Springfield, IL, marking the first Quaker Steak & Lube® location in Illinois. The company’s next restaurant will open in Pineville, NC during the first quarter of this year, and subsequent restaurants will be built in Northern New Jersey, and Upstate New York, New England, North Carolina, Virginia, the Dakotas and Texas.

Developers seeking to own and operate a Quaker Steak & Lube® franchises should possess a minimum liquidity of $1 million, a net worth of $3 million and willing to commit to multiple locations.  Prior restaurant operations or hospitality experience is strongly preferred.  For more information about Quaker Steak & Lube®, please visit quakersteakandlube.com <http://quakersteakandlube.com> .

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, Pa., the original Quaker Steak & Lube® began as a cook-your-own steak restaurant, before expanding to over 40 locations throughout the United States and Canada.  The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events, has afforded The Lube® a cult-like fan following.  Today, Quaker Steak & Lube® has become one of the fastest-growing restaurant chains in the country and has won hundreds of national and international awards for its wings and over 20 different wing sauces. Most recently, it was named the 2010 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information, vi