FOR IMMEDIATE RELEASE CONTACT: Amy Fritzer / (713) 329-6893
Luby’s Culinary Services Partners with MD Cress & Associates
HOUSTON, TX – January 12, 2012 – Luby’s Culinary Services, the contract food service division of Luby's, Inc. (NYSE: LUB), is pleased to announce a partnership with MD Cress & Associates, a national healthcare advisory firm, to expand upon its footprint in the contract foodservice industry.
Luby’s Culinary Services provides the ideal solution to give hospital food a healthy, tasty shot in the arm by providing restaurant-style patient feeding and VIP Room Service, as well as food-court-style dining in retail venues that feature delicious, upscale food varieties including build-your-own salads and homemade soups, Luby’s entrees and desserts, Fuddruckers hamburgers, a deli station offering gourmet build-your-own sandwiches on artisan breads and customized coffee shops proudly serving Starbucks®.
“We are excited about our partnership with Luby’s not only for the quality product that they offer, but we also rate their customer service and overall client experience second to none,” said Michael Cress, Chairman and CEO of MD Cress & Associates. “We believe that Luby’s Culinary Services sets a new standard of excellence for food service in healthcare."
MD Cress & Associates brings over 30 years of experience in the areas of executive leadership, operations, clinical medical practice and private equity transactions. The firm supports business growth and expands key business objectives for organizations such as Luby’s Culinary Services by constructing effective business partnerships, optimization and acquisition strategies.
Today, Luby’s Culinary Services manages 20 accounts that cover healthcare, higher education, business and industry and senior living. The division currently ranks among the top 50 management companies according to Food Management magazine’s 2011 rankings.
“We are excited about this partnership and look forward to increasing our footprint in the foodservice industry in Texas and throughout the country,” said Chris Pappas, President and CEO of Luby's, Inc.
Luby’s Culinary Services currently provides exceptional food services to clients such as Baylor College of Medicine, St. Joseph Medical Center, Texas Children’s Hospital – West Campus, Kelsey-Seybold Clinic, Lone Star College – University Park and Montgomery campuses, Park Plaza Hospital, North Texas Hospital and the 1301 Fannin downtown Houston office complex. As a division a of the market leader in cafeteria-style dining, Luby’s Culinary Services brings a household name to foodservice operations and dependable quality and service to exceed the demands and expectations of busy office complexes, education and healthcare facilities.
About Luby’s Culinary Services
Luby’s Culinary Services, a contract foodservice division of Luby’s, Inc., provides foodservice operations at healthcare, business and industry and higher education facilities. The services include food-court-style dining with traditional Luby’s cafeteria offerings, Fuddruckers hamburgers and other made-to-order grilled options, garden fresh salad bar, build-your-own sandwiches and global cuisine exhibition. Luby’s Culinary Services also provides restaurant-style patient feeding room service, as well as catering services for meetings, luncheons and special events.
For more information about Luby’s Culinary Services, visit the Company’s website at www.lubyscs.com.
About Luby’s, Inc.
Luby's, Inc. operates restaurants under the brands Luby’s and Fuddruckers and provides foodservice management through its Luby’s Culinary Services division. The company operated restaurants include 95 cafeterias, 56 Fuddruckers restaurants, and four other non-core restaurants. Its 95 Luby’s restaurants are located throughout Texas and other states. Its Fuddruckers restaurants include 56 company-operated locations and 127 franchises across the United States (including Puerto Rico) and Canada. Luby's Culinary Services provides foodservice management to 20 sites consisting of healthcare, higher education and corporate dining locations.
For more information about Luby’s, visit the Company’s website at www.lubys.com. Follow Luby’s at www.facebook.com/Lubys and a www.twitter.com/lubys.
About MD Cress & Associates
MD Cress & Associates is a national healthcare advisory firm that supports and expands key business objectives for organizations by constructing effective business optimization, growth, and acquisition strategies. We combine extensive experience in operations, strategy, and transactions to rapidly deliver significant value-add. At MD Cress & Associates, our client-focused approach enables business owners and executives to maximize returns on invested capital, achieve corporate objectives, and enhance shareholder value.
For more information about MD Cress & Associates, visit the Company’s website at www.mdcress.com.
##