Panda Restaurant Group Launches ArrowStream’s OnDemand Supply Chain Management Solution

Initiative Will Increase Supply Chain Connectivity & Visibility for Nation’s Leader in Asian FoodService

CHICAGO, July 15, 2009 -- ArrowStream, a leading provider of supply chain solutions for the food industry, announced today an initiative to improve Panda Restaurant Group’s supply chain management process with ArrowStream’s OnDemand Solution.  Panda Restaurant Group is the nation's leader in high quality Asian foodservice and one of the largest family-owned businesses operating several successful restaurant concepts including Panda Express, Panda Inn and Hibachi-San.

Panda Restaurant Group recently reported its 12th consecutive year of same store sales growth, continued restaurant expansion and more than $1.2 billion dollars in sales.

To sustain that growth trajectory and build a more robust supply chain, ArrowStream identified key areas of improvement for Panda including:

• the opportunity to automate the contract management system,
• the need for increased visibility into the full supply chain, and
• the opportunity to more tightly manage supply chain operations with real time information.

“We believe that our partnership with ArrowStream will enhance Panda’s ability to scale for ongoing growth.  We know that optimizing our supply chain by tapping into the ArrowStream Network and increasing visibility will be critical elements of our success,” said Larry Behm, Senior Vice President of Operation Support and Innovations for Panda.

OnDemand provides comprehensive visibility into the supply chain process helping customers track price variations on goods and negotiate contracts.  The solution amasses data from the ArrowStream Network, the industry’s largest, most extensive collection of operators, distributors and manufacturers to enhance the system’s visibility.

Steven LaVoie, CEO and Chairman of ArrowStream said, “We are honored to partner with Panda Restaurant Group and to have the opportunity to contribute to its growth and bottom line by optimizing its supply chain.  A synchronized supply chain will allow Panda to continue to test and try new revenue-producing offers, while also providing important business insight to manage contracts, inventory, and freight expenses.”

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About ArrowStream
ArrowStream is committed to helping customers and their supply chain partners improve operations and the bottom line.  ArrowStream transforms the food supply chain through patented, innovative solutions that help trading partners achieve results collectively that they could not reach individually.  The company’s Network is the largest, most extensive collection of restaurant operators, distributors and manufacturers in the food industry. More than $20 billion of product moves through and is tracked in the ArrowStream Network providing operational efficiencies, economies of scale and financial benefits to all trading partners in it.

Founded in 2000, ArrowStream quickly earned a reputation as a premier provider of supply chain solutions for the foodservice industry serving blue-chip customers such as Wendy’s, Church’s Chicken, Steak n Shake, and ARCOP, Arby’s purchasing cooperative group.

About Panda Restaurant Group
With over 1,250 locations in 38 states, the privately-held Panda Restaurant Group (www.pandarg.com) is the world’s leader in Asian restaurants. The successful chain of concepts includes Panda Express, Panda Inn & Hibachi-San.