Call Cancelled in Light of Announcement of Merger with the Middleby
Corporation
TurboChef Technologies, Inc. (NASDAQ: OVEN) today announced cancellation
of the previously rescheduled conference call to discuss second quarter
2008 results. The call originally planned for today at 8:00 AM EDT is
being cancelled in light of the announcement of the planned merger with
The Middleby Corporation (NASDAQ: MIDD). Middleby has announced that it
plans a call today August 12, 2008 at 11:00 AM CDT to discuss the
proposed transaction. In addition, Middleby plans to post on its
corporate website, www.middleby.com,
a link to the webcast and presentation highlighting key factors
regarding the proposed merger.
About TurboChef
TurboChef Technologies, Inc. is a leading provider of equipment,
technology and services focused on the high-speed preparation of food
products for the worldwide commercial primary cooking equipment market
and offers equipment for residential markets through the application of
its high-speed cooking technologies, as well. TurboChef’s
user-friendly speed cook ovens employ proprietary combinations of
heating technologies to cook a variety of food products at speeds faster
than, and to quality standards that it believes are comparable or
superior to, that of conventional heating methods. The address of
TurboChef’s principal executive offices is Six
Concourse Parkway, Suite 1900, Atlanta, GA 30328. Visit TurboChef at www.turbochef.com.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements
made by or on behalf of TurboChef, are “forward-looking
statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Statements regarding future
events and developments and our future performance, as well as management’s
expectations, beliefs, plans, guidance, estimates or projections
relating to the future, are forward-looking statements within the
meaning of these laws. These forward-looking statements are subject to a
number of risks and uncertainties. These risks and uncertainties
include, but are not limited to, the following: the uncertainty of
market acceptance and demand for the Company’s
products, the ability to obtain additional financing necessary to expand
operations, the uncertainty of consumer acceptance of new products or
technologies that may be offered by TurboChef, the dependence on a
limited number of customers, relationships with and dependence on
third-party equipment manufacturers and suppliers, impact of competitive
products and pricing, and the results of government inquiries and
possible regulatory action or private litigation regarding the Company’s
stock option grants and practices. The words “looking
forward,” “believe,”
“expect,” “likely,”
“should” and
similar expressions identify forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only for the date the statement was made.
TurboChef Technologies, Inc. undertakes no obligation to publicly update
any forward-looking statements, whether as a result of future events,
new information or otherwise.
TurboChef Technologies, Inc.
James A. Cochran, 678-987-1700
Senior
Vice President,
Investor Relations and Corporate Strategy