Ruby Tuesday extends sponsorship of Alex Job Racing

Ruby Tuesday announced today that it will extend its sponsorship of Alex Job Racing and the No. 23 Porsche Crawford Daytona Prototype for the 2008 Grand-Am Rolex Sports Car Series' season. Ruby Tuesday vice president of marketing Mark Young met with team owner Alex Job today at Mid-Ohio Sports Car Course to tell him that the current sponsorship agreement was extended through the 2008 season.

"This is great news," Job said of the sponsorship extension. "Ruby Tuesday is a great company. During the past year and a half, we've had a great relationship with them. We got news today that Ruby Tuesday wants to continue it [the sponsorship] for next year. Here we are halfway through this year, with another half of the season left to go and we now know that we have a commitment for next year. It is just a great partnership.

"Both Ruby Tuesday and Alex Job Racing have the same philosophy – Quality, Passion, and Pride. We work toward the same goals. Hopefully, we can top this [announcement] off with a really good result here today with a podium finish and then challenge for the Daytona Prototype championship. We are only half way through the season, so we still have time to do it."

"We looked at the partnership with Alex, what that relationship means and we said 'if we want a partnership, there is no better partner than Alex Job,'" Young said. "What he stands for is exactly what Ruby Tuesday stands for – Quality, Passion, and Pride. So, we decided to renew it for one more year. We feel that with the growth of the Rolex Series, with where our brand is going and what we're trying to accomplish, that Alex Job Racing is a great partner for us.

"I think we mesh well together as two different companies and that is hard to find a lot of times. I think we have the same values, which is a strong foundation for a partnership. I think what this [agreement] does is it allows us [Ruby Tuesday] to continue to focus our efforts on '07, while Alex and the rest of the race team can focus on trying to win a championship. Then, this puts us in position for 2008, where we can focus on winning races. That's what we're in it for and that's what Alex is in it for – to win a championship."

Ruby Tuesday is one of the nation's leading casual dining restaurant companies, with more than 900 restaurants worldwide. It was founded in 1972 by Sandy Beall, who serves as chairman and CEO today. The company is committed to having uncompromising freshness and quality with passionate employees who take pride in delighting guests with an excellent dining experience. The burger-centric menu features a variety of handcrafted burgers, including its exclusive Triple Prime Burger, and a wide assortment of fresh signature items and entrees, among them the Fresh Garden Bar, Jumbo Lump Crab Cake, Chicken Fresco and Prime Sirloin Steak. Ruby Tuesday, Inc. is traded on the NY Stock Exchange (symbol: RT). To find out more about Ruby Tuesday, visit www.rubytuesday.com.