SAN DIEGO  (RestaurantNewsRelease.com)  Daphne’s Greek Cafe announced today the launch of its new Pita Melts, delicious Greek-inspired sandwiches offered in three flavors: Grilled Chicken Pesto, Fire-Roasted Veggie Pesto and Fresh-Carved Gyros. Daphne’s Pita Melts combine grilled pita bread with signature Daphne’s flavors and melted cheeses, and are available for $5.99 each at all 59 locations in Arizona, California and Colorado. Daphne’s Greek Cafe is the largest chain of company-owned, Greek-inspired fast-casual restaurants in the U.S.

Daphne’s Grilled Chicken Pesto Pita Melt features Mozzarella cheese, pesto, Feta cheese and grilled chicken breast layered with grilled Roma tomatoes. The Fire-Roasted Veggie Pesto Pita Melt is a perfect mixture of Mozzarella cheese, pesto, Feta cheese, grilled green bell peppers and grilled tomatoes. The Fresh-Carved Gyros Pita Melt is a meaty, cheesy combination of Daphne’s signature sliced gyros layered with American cheese, Daphne’s sauce and Feta cheese.

In addition, Wreath Equity LLC purchased Daphne’s Greek Cafe on August 6, 2010, at which time William Trefethen was named CEO of the company. Wreath Equity, comprising New York-based Garrison Investment Group and Scottsdale, Ariz.-based Trefethen Advisors LLC, identified the company’s tremendous potential and will infuse Daphne’s with capital. Daphne’s will be repositioned through a dynamic marketing plan, new menu choices and guest promotions.

William Trefethen said, “We are very excited to acquire Daphne’s and recognize its tremendous potential for growth. We look forward to building on its strengths and traditions, including providing loyal customers with great tasting Greek-inspired dishes through new products such as our delicious Pita Melts.”

About Daphne’s

Founded in 1991, Daphne’s Greek Cafe operates the largest chain of company-owned Greek fast-casual restaurants in the U.S., principally located in suburban, strip mall and regional mall locations throughout the western half of the country. Daphne’s serves an extensive menu of high-quality, reasonably priced dishes inspired by fresh Greek and Mediterranean cuisine, including salads, pita sandwiches, gyros and kabobs, all of which are prepared using fresh ingredients. The company is focused on preparing great tasting, reasonably priced food, and recruiting and retaining top performing people to ensure that the dining experience it provides in its warm, inviting and comfortable environment is exceptional. For more information on Daphne’s, please visit the company’s website at www.daphnes.biz.

About Trefethen

Trefethen Advisors, LLC is a leading investment and merchant banking firm focused on providing private capital and strategy-led advice, to middle market companies in the multi-unit retail industry. Trefethen was founded by its Principals, who have complimentary backgrounds in the multi-unit retail industry as successful investors, operators, owners and lenders, having closed over $2.0 billion in transactions in the multi-unit industry. The firm’s unique combination of expertise, experience and relationships allow it to provide customized advice and tailored capital solutions to meet the distinct needs of its clients and partners. For additional information on Trefethen, visit the firm’s website at www.trefethenadvisors.com.