Rick's Cabaret International, Inc. Will Reopen Its Houston Night Club Wednesday September 17th At 11 AM; Club Was Shut In Aftermath Of Hurricane Ike
HOUSTON - (September 16, 2008) - Rick's Cabaret International,
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."
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, 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 operates a media division, ED Publications, and owns the adult Internet membership Web site, couplestouch.com as well as 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 [email protected].
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 cities where it operates, the success or lack thereof in launching and building the company’s businesses, 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.
Media Contact: Allan Priaulx, 212-338-0050, [email protected]