Lebanese fast food company successfully completes USD 500,000 private equity placement

NFT is the owner/operator of Dip 'N Crunch® (www.dipncrunch.com), a unique fast food eatery offering multi-flavored French fries with a variety of dips when it first opened. Today Dip 'N Crunch® provides, alternative choice in the fast food segment with an original menu of 'Dippable and Crunchable' food.

Ibrahim A. Mardam Bey, NFT director and strategic advisor, explained: 'Our objective was to offer Gulf based investors an attractive regional private equity investment opportunity. We worked closely with Arab Finance Corporation, a Lebanese financial institution, to assist in the structure of this transaction, and used our extensive investor network. The offering was oversubscribed due to the transparent and professional terms of the Dip ' Crunch® investment.'

Jamil M. Fakhri, NFT Chief Executive Officer said: 'This successful equity raise will be used to further develop and enhance our Dip 'N Crunch ® franchise offering, as well as complete the launch of our first regional outlets in Saudi Arabia and Kuwait'.

NFT is a Lebanese based joint stock Company that specializes in developing and franchising proprietary and unique fast food concepts. The Dip 'N Crunch® franchise and intellectual property have been registered and protected in Lebanon and overseas. The franchise falls within the fast food eatery line of business, featuring low per outlet capital requirements, and attractive annual returns on investment.