PDIV Premier Development and Investment Inc (PK)

Players Grille Restaurant and Bar, a wholly-owned subsidiary of Premier Development & Investment, Inc. (OTCBB:PDIV), is pleased to announce the launching of its website, http://www.playersgrille.com. Players Grille customers may visit the website to learn about lunch and dinner specials, new menu items, happy hours, upcoming special events and more. Michael Hume, Players Grille's General Manager, stated, "The launching of a Players Grille website marks a milestone in our development as a concept and a brand. Our customers can now stay better informed about events and specials at Players Grille while it gives us a platform to expand customer knowledge about our brand as it starts to grow." About Premier Development and Players Grille Premier Development & Investment, Inc. is a publicly held developer and operator of theme-based restaurant and bar concepts. These concepts are developed internally and through partnerships with other restaurant developers with the intent of building them into full-fledged chains and franchise opportunities. Premier owns and operates the Players Grille Restaurant and Bar(TM), a casual dining sports themed concept based in Florida. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Premier Development & Investment, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the restaurant industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and prospective dealings and joint venture projects. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Premier. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions and changes in federal or state tax laws. For a description of additional risks and uncertainties, please refer to Premier's filings with the Securities and Exchange Commission.