September 16, 2008 02:41pm
Rick's Houston Reopens
Source: Rick's Cabaret International, Inc.
by: Company Press Release
(HOUSTON, TX) -- Rick’s Cabaret International, Inc. (NASDAQ: Rick), the publicly traded chain of upscale gentlemen’s clubs, will reopen its Rick’s Cabaret- Houston location on Wednesday September 17th at 11 a.m. The club is among five the company operates in the Houston area that were closed in the aftermath of Hurricane Ike.
''Power has been restored and we are ready to roll on Wednesday,'' said Eric Langan, President and CEO of the company, which operates 18 clubs nationwide. ''We will reopen our other locations in Houston as soon as they have power.''
About Rick’s Cabaret:
Rick’s Cabaret International, Inc. (NASDAQ: Rick) operates upscale adult nightclubs serving primarily businessmen and professionals that offer live adult entertainment, restaurant and bar operations. The company owns, operates or licenses adult nightclubs in New York City, Miami, Philadelphia, Las Vegas, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities under the names ''Rick's Cabaret,'' ''Xtc,'' ''Club Onyx'' and ''Tootsie’s Cabaret''. Sexual contact is not permitted at these locations. Rick’s Cabaret also owns the adult Internet membership Web site, couplestouch.com, and a network of online adult auction sites under the flagship URL naughtybids.com. Rick’s Cabaret common stock is traded on NASDAQ under the symbol Rick. For further information contact ir@ricks.com.
Forward-looking Statements:
This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company’s actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in New York City and elsewhere, the success or lack thereof in launching and building the company’s businesses in New York City and elsewhere, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.
Contact:
Allan Priaulx, 212-338-0050, ir@ricks.com
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