Rick's Cabaret Charlotte Plans Grand Opening of Three-In-One Adult Playground
CHARLOTTE--(May 12, 2005)--Rick's Cabaret--Charlotte
will hold a three-day grand opening party May 19th to May 21st to
launch its three-night-clubs-in-one "adult playground." The festivities
begin at 8 p.m. Thursday May 19 at 5300 Old Pineville Road and are
sponsored by Rick's Cabaret International, Inc. [RICK:NASDAQ]
a publicly traded company operating adult nightclubs across the
30,000 square feet, Rick's Cabaret-Charlotte comprises the upscale
Rick's Cabaret Gentlemen's Club, The Lounge at Rick's Cabaret dance
club and Rick's Male Revue, featuring male dancers and caters to
a female audience.
To complement local performers, Rick's is flying in more than a
dozen of its famous Girls of Rick's dancers from its clubs in New
Orleans, Houston and Minneapolis for the grand opening celebration.
"No matter who you are or what kind of nightlife you enjoy, we have
something for you in our adult playground," said Eric Langan, CEO
of Rick's Cabaret International, who is supervising the opening
of the three-in-one club concept. "Our gentlemen's club and Rick's
Male Revue will be open from 8 p.m. 'til 2:30 a.m., and then our
patrons are invited over to The Lounge, which remains open 'til
5 a.m., so we are truly built for partying."
Rick's Cabaret acquired an option to purchase and a management agreement
for the former Manhattan Club in February and has been transforming
the venue since then. Separately, the company is also in the process
of opening a new club in midtown New York City across from the Empire
State Building and one block from Madison Square Garden.
Rick's Cabaret International, Inc. (RICK:NASDAQ,
owns and 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, New Orleans, Houston, Minneapolis and
other cities under the names "Rick's Cabaret," "XTC," "Club Onyx"
and "Hummers." No sexual contact is permitted at any of these locations.
Rick's Cabaret also owns an adult Internet membership Web site,
and a network of nine online auction sites for adult products under
the flagship URL www.naughtybids.com.
Rick's Cabaret common stock is traded on the NASDAQ SmallCap market
under the symbol RICK. For further information contact [email protected].
This press release may contain forward-looking information within
the meaning of Section 21E of the Securities Exchange Act of 1934
that involves significant risks and uncertainties, and is subject
to the safe harbors created by this section. Important factors that
could cause actual results for Rick's Cabaret to differ materially
from those indicated in this press release include the risks and
uncertainties as to the future operational and financial results
of our Web sites, conditions relevant to real estate transactions,
the future operational performance of our partners, the laws governing
the operation of adult entertainment businesses, competitive and
economic factors, dependence on key personnel and the ability to
manage operations. Rick's Cabaret has no obligation to update or
revise the forward-looking statements to reflect the occurrence
of future events or circumstances. Please refer to the documents
Rick?s Cabaret files from time to time with the Securities and Exchange
Commission, in particular the most recent quarterly reports on Form
10-QSB and annual report on Form 10-KSB, which are available at
the Company's website, www.ricks.com.
Contact for further information: Allan Priaulx, 212-338-0050, [email protected]