RICK RCI Hospitality Holdings Inc

Rick�s Cabaret International, Inc. (NASDAQ: RICK) will convert its upscale Philadelphia gentlemen�s club to a Club Onyx for the night of November 20th, giving Philly a taste of the concept that has been a major success among African-American gentlemen in Houston, Charlotte and Dallas. The entire 25,000 square foot club at 2907 South Columbus Blvd. will operate Thursday night with the Club Onyx format, featuring the best in hip hop and R&B music, and dancers brought to Philadelphia from New York City, Atlanta, Charlotte, Houston and Dallas. �African-American gentlemen in our other cities have responded enthusiastically to the Club Onyx concept and we expect Philadelphia guys will love it, too,� said Ed Anakar, Director of Operations for Rick�s Cabaret and the originator of the format. �While there have always been clubs that cater to African-American men, no one else has created a first class, upscale environment that fully meets their specific taste in entertainers, music, food and hospitality in a luxurious atmosphere.� The doors for �Club Onyx� open at 7 pm, with drink specials served all night and special guest appearances by celebrity DJs, feature dancers and other entertainers. Rick�s Cabaret Philadelphia (and for the night, Club Onyx Philadelphia) is located just south of the professional sports complex where the Eagles, Phillies, 76ers and Flyers play their home games and across the street from a planned Foxwoods Casino. 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; a network of online adult auction sites under the flagship URL naughtybids.com; ED Publications, the national trade magazine and convention for the adult nightclub industry; and Storerotica, the national trade magazine and convention for the adult product and intimate apparel industries." Rick�s Cabaret common stock is traded on the NASDAQ Global Market 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.