Famous Brands Appoints Neal Courtney Interim Chief Executive Officer

     Famous Brands Appoints Neal Courtney Interim Chief Executive Officer

PR Newswire

BROOMFIELD, Colo., Feb. 5, 2013

BROOMFIELD, Colo., Feb. 5, 2013 /PRNewswire/ -- Famous Brands International,
the parent company of TCBY Yogurt and Mrs. Fields Cookies, today announced
that it has appointed Neal Courtney, the company's current Chief Operating
Officer, to the position of Interim Chief Executive Officer. The appointment
of Mr. Courtney as Interim Chief Executive Officer follows Tim Casey's
decision to resign as Chief Executive Officer, effective Tuesday, February 5,
2013, to pursue the next chapter in his career. Mr. Casey will continue to
provide support during a transitional period to help ensure the Company's
current initiatives and momentum will continue at a strong pace.

"Neal has been an integral part of Famous Brands' growth and success for more
than eight years, and we are confident that he is the right person to lead the
company through this transition," said Bruce Pettet, Chairman at Famous Brands
International. "Famous Brands has tremendous opportunities across all of its
channels, and we look forward to building on our momentum to continue
expanding our brands around the world. The company has initiated a search
process for a permanent CEO and anticipates continued momentum during this
timeframe with Neal and his depth of experience at the helm."

During his tenure over the past three years, Mr. Casey has led the company
through a successful debt restructuring; the launch of the TCBY self-serve
platform; the relocation and staffing of the corporate headquarters from Salt
Lake City, UT to Broomfield, Colorado; and a strong 2012 year-end that
resulted in the first positive franchise store growth expansion in over 12
years. "It has been an honor to serve as the CEO of Famous Brands for the
last three years. Given the company's strong foundation and recent momentum,
I am confident that now is the right time to turn the reins of the company
over to new leadership better suited for the next phase of growth and the
challenges of execution that lie ahead," said Mr. Casey.

Bruce Pettet, Chairman continued, "On behalf of the entire Famous Brands team,
I want to thank Tim for his hard work and the significant contributions he
made to the company during his time as CEO. We are pleased that he will
continue to provide support during this transition and wish him all the best
in his future endeavors."

About Neal Courtney
Neal Courtney has been the Chief Operating Officer for Famous Brands
International since May 2012. He brings more than 15 years of leadership
experience in Retail, Consumer Packaged Goods, E-commerce, and Franchising.

Neal has been with Famous Brands for 8 years and has held roles in finance,
sales, and general management. Prior to joining Mrs. Fields, Neal held various
senior positions in finance and strategy at Frito-Lay and Kmart Corporation.
Neal also has experience as a Multi-Unit Franchisee and Master Franchisee for
a national US franchise entity.

Neal was a 2-time NCAA Academic All-American golfer at Slippery Rock
University in Pennsylvania. He has a MBA in Finance from the Marriott School
of Management at BYU and has studied abroad at the University of Limerick,
Ireland.

About Famous Brands

Mrs. Fields Cookies:
Based in Broomfield, CO, Mrs. Fields Famous Brands, LLC dba Famous Brands
International is the parent company to Mrs. Fields. Debbi Fields opened her
first store in Palo Alto, California in 1977 and the Mrs. Fields name quickly
became associated with warm, freshly baked cookies right out of the oven.
Today, Mrs. Fields products are available at over 300 retail locations in the
United States, nearly 100 locations internationally and online through
http://www.mrsfields.com or by calling 1.800.COOKIES.

For more information on Mrs. Fields please visit http://www.mrsfields.com.

About TCBY
Based in Broomfield, CO, TCBY, The Country's Best Yogurt, has been a frozen
yogurt innovator from the day its first shop opened in Little Rock, Arkansas
in 1981. With more than 650 locations in the United States and
internationally, TCBY has long been a healthier alternative for consumers
looking for a treat or snack. To learn more check out www.TCBY.com.

Contacts

Joele Frank, Wilkinson Brimmer Katcher
Jonathan Keehner, Taylor Ingraham: 212-355-4449

Michael Brennan
Mackinac Partners: 248-258-6900

SOURCE Famous Brands International