Pie Five to Introduce Fast Casual Pizza to Nashville

Pie Five to Introduce Fast Casual Pizza to Nashville

Trend-Setting Pizza Chain Signs 10-Unit Franchise Agreement

NASHVILLE, Tenn., Nov. 11, 2013 (GLOBE NEWSWIRE) -- It's virtually impossible
to find someone in Nashville that doesn't love pizza. It's even harder to find
a local that has experienced one of the most exciting pizza concepts to sweep
the nation in recent memory.But all of that is about to change…

In a few short months, Pie Five Pizza Co. will open its first restaurant in
the Music City.The fast-growing brand announced today that it has awarded 10
franchise units to Rich Davis and Ron Payne, who will introduce the
trend-setting concept to the Nashville area early next year.

Davis is a successful consultant and entrepreneur/restaurateur that previously
brought the popular Schlotzsky's brand to Nashville.Payne is a prominent real
estate developer.

"Fast casual concepts are growing like wildfire and Pie Five is leading the
charge within the pizza space," said Davis."Ron and I are extremely impressed
with their operational model and the Pie Five value proposition can't be
beat.When you can deliver a customizable pizza pie with all the fresh
ingredients you want in less than five minutes, for one great price, you've
got a winner!Nashville has become the new center of the Southeast.It's such
a vibrant city with a great quality of life, and we're convinced Pie Five will
be a welcome addition to the dining landscape."

Pie Five has been named a 2013 Top 50 Restaurant Brand of the Year, a 2012 Hot
Concepts winner by Nation's Restaurant News and one of "10 Hot New Restaurant
Chains from Established Brands" by Forbes.com.

"The Pie Five concept has been flourishing across the country thanks to our
focus on delivering outstanding quality and value and partnering with
exceptional franchisees," said Madison Jobe, chief development officer for Pie
Five."Rich and Ron bring successful backgrounds, enthusiasm and familiarity
with the local market that we are seeking in our franchise partners.We look
forward to growing with them as they introduce our revolutionary concept to
the good people of Nashville."

At Pie Five, guests can choose from more than a million combinations of
handcrafted pizzas and a variety of specialty pie choices prepared in less
than five minutes on one of four crusts all for one low price. The rapidly
expanding chain is capitalizing on growing consumer demand for fresh dining
options and artisan pizzas in stylish environments without the wait.

Pie Five Pizza now has 12 locations in Texas, two in Utah and one each in
Kansas and North Carolina.Total announced franchise restaurants under
contract currently number 114 in Florida, Kansas, Kentucky, Maryland,
Missouri, Nebraska, North Carolina, Oklahoma, Tennessee, Texas, Utah and
Virginia.

Davis and Payne plan to open their first restaurant in the Cool Springs area
by the second quarter of 2014.

ABOUT PIE FIVE PIZZA CO.

Pie Five Pizza Co. is a subsidiary of Pizza Inn Holdings, Inc. (Nasdaq:PZZI),
headquartered in the Dallas suburb of The Colony, Texas. Pie Five is a
trend-setting, fast-casual concept offering individual handcrafted pizzas with
fresh ingredients made to order and prepared in less than five minutes. First
introduced in 2011, Pie Five Pizza currently has 16 locations in four states
with more than 110 announced franchised units under contract in 12 states. For
more information, please visit www.piefivepizza.com.

CONTACT: Ladd Biro, Champion Management
         972.930.9933; lbiro@championmgt.com

Pie Five