23 juin: BELVEDERE : CLARIFICATION WITH RESPECT TO 2007 FINANCIAL STATEMEN..
24 juin: GLOBAL GRAPHICS APPOINTS A NEW CHIEF EXECUTIVE OFFICER
23/06/2008 23:01:00

Court Denies Puck´s Request for Preliminary Injunction Related to Wolfgang´s Steakhouse by Wolfgang Zwiener in Beverly Hills

Wolfgang Zwiener, restaurateur and owner of two highly-acclaimed Wolfgangs

Steakhouse establishments in New York and Wolfgangs

Steakhouse by Wolfgang Zwiener in Beverly Hills, today announced that

the U.S. District Court for the Central District of California has

denied Wolfgang Pucks request for a

preliminary injunction related to Wolfgang Zwieners

use of the name Wolfgangs Steakhouse by

Wolfgang Zwiener in connection with Mr. Zwieners

high-end steakhouse in Beverly Hills.

I am very pleased with the courts

ruling and was always confident that, once presented with the facts, the

judge would rule in favor of my steakhouse in Beverly Hills,

said Wolfgang Zwiener. I hope that Puck and

I can now focus on our culinary skills instead of this unfortunate

lawsuit.

In 2007, Puck and Wolfgang Zwiener entered into a mutual agreement,

which allowed Wolfgang Zwiener to continue to use the name Wolfgangs

Steakhouse for his fine dining establishments in New York, New York. The

agreement specifically allowed Wolfgang Zwiener to call his steakhouses

outside New York Wolfgangs Steakhouse by

Wolfgang Zwiener. Wolfgang Zwiener chose Beverly Hills, California for

his first steakhouse outside New York in response to the demand for an

old-fashioned quality steakhouse in LA and the interest of the City of

Beverly Hills. The development process for the steakhouse was publicly

conducted and featured the direct and extensive involvement of the

Beverly Hills City Council, which selected Zwieners

steakhouse to fill a commercial space owned by the City and even

approved the signage. In May 2008, Wolfgangs

Steakhouse by Wolfgang Zwiener opened in Beverly Hills to a star-studded

crowd. Two weeks after the opening, Puck filed suit against Wolfgang

Zwiener claiming that some of his patrons had been confused. Shortly

thereafter, Wolfgang Zwiener filed a countersuit against Puck for

breaching their agreement and refusing to meet with Wolfgang Zwiener to

discuss ways to address Pucks allegations of

confusion.

Wolfgang Zwieners attorney, Joel Schmidt, a

partner at Cowan, Liebowitz and Latman, stated: The

Court recognized that my client had an absolute right to expand into

Beverly Hills under the agreement with Puck and that the facts did not

support Pucks attempts to cast a cloud over

my clients excellent reputation and

legitimate business motives. The Courts

decision specifically states, Pucks

subjective beliefs as to Zwieners alleged

bad faith, moreover, have no bearing on the enforceability of the 2007

Settlement Agreement, which is clear on its face and provides for Zwieners

use of the current name for his restaurant.

Peter Zwiener, Wolfgang Zwieners son,

stated: We have great respect for Mr. Puck

and his achievements and hope the Courts

decision will foster better relations between our organizations. At the

end of the day, we both have the same goal of serving fine food to our

patrons.

About Wolfgang Zwiener:

Wolfgang Zwiener developed a national reputation in the steakhouse

business and a huge following through his highly-acclaimed Wolfgangs

Steakhouse restaurants in New York and his decades of service as the

former head waiter at world famous Peter Luger Steak House. Before then,

he served at Luchows Restaurant, the elegant

German restaurant and beer hall that was a cultural icon for many years

and was also founded by a well known waiter. New York Magazine named

Wolfgangs Steakhouse Best

New Steakhouse in its May 21, 2005 edition.

Wolfgangs Steakhouse is listed in ZAGAT New

York City Restaurants, TimeOut New York Eating & Drinking, and the

Michelin and BlackBook guides to New York, among other guide books.

Zwieners steakhouses are generally packed

and have been known to attract high-profile patrons and celebrities.

About Wolfgangs Steakhouse by Wolfgang

Zwiener:

Wolfgangs Steakhouse by Wolfgang Zwiener in

Beverly Hills opened on May 1, 2008 to a star-studded audience. It

features the highest quality steaks and is an old-fashioned New

York-style steakhouse. The dining experience at Wolfgangs

Steakhouse by Wolfgang Zwiener is enhanced by Wolfgang Zwieners

award winning wine collection of over 250 different labels. With a

tribute to the original Wolfgangs Steakhouse

in New York, Wolfgangs Steakhouse by

Wolfgang Zwiener in Beverly Hills features an elaborately

designed arched ceiling, enhanced by custom-designed mosaic tiles

created and installed by artist David Inbal from Israel. In addition to

the intricate ceiling design, the steakhouse includes a 26 ft long

mahogany bar with metal inlay, wenge wood wainscoting to add old world

charm and warmth and American walnut wood flooring throughout, suede

wrapped wall panels, alabaster chandeliers, antique bronzed accents and

a 1000-bottle wine display. All of these elements come together to

infuse diners with the feel of a traditional steakhouse.

Wolfgangs Steakhouse by Wolfgang Zwiener in

Beverly Hills is a joint venture of W Steak Corp. and WDI International.

W Steak Corp.s affiliates currently operate

Wolfgangs Steakhouse in New York, which has

two locations at 4 Park Ave and 409 Greenwich Street (Tribeca). WDI

operates over 200 restaurants around the globe including fine dining

concepts such as Il Mulino Tokyo, Grand Central Station Oyster Bar and

Restaurant and Taormina in Waikiki Beach. Wolfgangs

Steakhouse by Wolfgang Zwiener will open two additional

steakhouses in Waikiki Beach, Hawaii and South Beach, FL by year end

2008.

Wolfgangs Steakhouse by Wolfgang Zwiener

Peter

Zwiener

646-642-4655

pzwiener@aol.com

23 juin: BELVEDERE : CLARIFICATION WITH RESPECT TO 2007 FINANCIAL STATEMEN..
24 juin: GLOBAL GRAPHICS APPOINTS A NEW CHIEF EXECUTIVE OFFICER

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