Angelo & Maxie's, Inc.

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International Guild of Hospitality & Restaurant Managers

640 North LaSalle, Suite 295
Chicago , IL 60610
Phone: (312) 266-1100
Fax: (619) 481-2579
http://www.chart-house.com

Angelo & Maxie's, Inc., formerly known as Chart House Enterprises, Inc., incorporated in 1985, operates full-service seafood and steakhouse restaurants located predominately throughout the East and West coasts of the United States . At December 31, 2001 , the Company's restaurants included 38 seafood-oriented Chart House restaurants, six Angelo and Maxie's Steakhouses, and one Peohe's, a seafood restaurant with a more extensive menu.

The Company's Chart House restaurants operate in 17 states located predominately on the East and West coasts. Chart House restaurants are full-service seafood restaurants characterized by a comprehensive menu of eight species of fresh fish at any one time, which are the basis for over 40 preparation choices. Chart House restaurants are designed to capture the distinguishing elements of the surrounding area and transform them into the building's exterior architecture and offer an interior design that enhances the Company's seafood-driven value proposition. The restaurant buildings are sensitive to their surroundings, functional in layout, and typically freestanding structures. Each interior room is customized to adopt the textures and colors representative of the geographic location in a contemporary setting accentuated by nautical-themed and action-adventure oriented artwork. Many of the restaurants offer patrons views of the Atlantic ocean , Pacific ocean , area lakes, or mountain ranges. Representative exteriors of Chart House restaurants range from the restored 18th century former office of John Hancock on Boston 's Long Wharf to the modern three-tiered glass restaurant in Philadelphia overlooking the Delaware River .

The Company opened its Peohe's restaurant in January 1988, in Coronado , California , overlooking San Diego Bay and the San Diego city skyline. Although similar to the Company's Chart House restaurants in many respects, Peohe's opened under a different name, in part, to minimize confusion and competition with other nearby Chart House restaurants and to provide Chart House management a suitable vehicle for experimentation and development of different menu items, restaurant design and operating concepts. Peohe's has a more extensive and higher priced menu, higher level of service and greater variety of cooking techniques than the typical Chart House restaurant.

In April 1999, the Company acquired the Angelo and Maxie's Steakhouse in Manhattan, New York, and expanded the concept by opening four additional units in 2000 (one of which closed in 2001) and two in 2001. The Angelo and Maxie's concept offers steaks supported by a comprehensive selection of American fare, served in oversized portions at prices lower than competing upscale steakhouses. The Angelo and Maxie's concept appeals to a more diverse group of predominately younger men and women from multiple ethnic backgrounds, who use the restaurant for a broader variety of occasions than typical steakhouse users. Each location offers a wide variety of premium cigars and offers customers the opportunity to lease humidor space at the restaurant on an annual basis. The setting is designed to communicate an energetic, fun and retro 1930's atmosphere that encourages a "see and be seen" environment. The Angelo and Maxie's concept combines the sophistication of the traditional steakhouse with the energy and openness of contemporary fine dining. The restaurants are designed in an art deco-style décor, with warm woodwork reminiscent of Frank Lloyd Wright, including glowing bronzes and contemporary Tiffany light fixtures. Giant murals on the walls, depicting dining and drinking cows, are present in all units and help to reinforce the whimsical, modern feel that the brand represents. Angelo and Maxie's energetic feel and lower price point lends itself to everyday dining, in addition to special occasions. As a result, the concept has a very broad customer base.

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