RICK RCI Hospitality Holdings Inc

Rick�s Cabaret International, Inc. (NASDAQ: RICK), the nation�s premier operator of upscale gentlemen�s clubs, will introduce its newest venue, Rick�s Cabaret-Las Vegas, with a four-day grand opening party October 22-25 that will include a �Due Diligence Ball� for investors. The nightclub is located just off the Las Vegas Strip at Desert Inn Road and Procyon Street. The parties begin on Wednesday, October 22nd with a special press event for the media. On Thursday October 23rd, investors are invited to a party that will include a tour of the facility and the opportunity to talk about the company with Rick�s Cabaret president and CEO Eric Langan. Investors interested in attending should email ir@ricks.com for an invitation. The parties Friday and Saturday nights will by hosted by Howard Stern Show producer and on-air personality Gary Dell�Abate and Ronnie the Limo Driver, aka �Ricky Man.� Guests will receive free hors d'oeuvres, complimentary drinks, non-stop topless aerial acrobatic performances by the Rick�s Showgirls, and the opportunity to win valuable prizes. All parties begin at 8 p.m. Pacific Time. Out-of-towners can book discount hotel rooms at the Hard Rock Hotel and Casino hardrockhotel.com (702) 693-5000 if they mention they are with the Rick�s Cabaret event. �Rick�s Cabaret-Las Vegas is easily one of the premier adult nightclubs in America,� said Mr. Langan, �and we are eager to show it off to guests at our grand opening parties. I think everyone will have a great time.� Rick�s Cabaret purchased the former Scores-Las Vegas on September 5th. It has been re-branded as a Rick�s Cabaret and now offers the company�s famous customer-friendly approach and first-class steak house that have driven the success of the Rick�s Cabarets in New York City, Philadelphia, Dallas, Houston, Minneapolis and other cities, as well as Miami, where it owns the legendary Tootsie�s Cabaret. 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 ricks.com.