Rick's Cabaret International, Inc. Reopens Two Largest Locations in Houston Following Hurricane Ike Shutdown
September 17 2008 - 11:57AM
Business Wire
Rick�s Cabaret International, Inc. (NASDAQ: RICK), 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.
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.
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