Rick's Cabaret International, Inc. Reopens To Largest Locations In Houston Following Hurricane ike Shutdown
HOUSTON - (September 17, 2008) - Rick's Cabaret International,
the publicly traded chain of upscale gentlemen's clubs, today reopened its two major locations in Houston that were closed after Hurricane Ike. Both the Rick's Cabaret
(410 N. Sam Houston Pkwy.) and Club Onyx Galleria
(3113 Bering Drive at Richmond Ave.). Both clubs will reopen at 11 a.m. and the remaining three locations in the Houston market will reopen as soon as power is restored.
"We’re ready to provide the same high level of entertainment and services we've always given in the Houston market," said Eric Langan
, President and CEO of the company, which operates 18 clubs nationwide. "The rest of our locations in Houston will be open for business as soon as they have power."
Mr. Langan said customers can check the company's website, www.ricks.com, for information on the reopening of the XTC Cabaret clubs and the Club Onyx near Hobby Airport.
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]