Rick's Cabaret Calls Opening Of Its Newest Club Onyx In Charlotte A "Grand Success"
HOUSTON -(December 19, 2006)
- The grand opening of the
newest Club Onyx in Charlotte, NC, over the past weekend was a "grand
success and exceeded our expectations," according to club owner
Rick's Cabaret International, Inc. (NASDAQ: RICK).
"It was a great opening with a packed house on all three days,"
according to
Ed Anakar, general manager of the
club. "There were over 100 entertainers on hand and they were
constantly busy. Lots of local Charlotte celebrities and media came
by to check us out along with several players from local pro teams.
I would term the opening a grand success and it exceeded our expectations."
Rick's Cabaret, which pioneered the concept of luxurious topless
entertainment venues for gentlemen in the 1980s, launched its Club
Onyx brand in Houston two years ago to cater to African American
businessmen, musicians and professional athletes. The Houston club
and a newer venue in San Antonio are among the most popular gentlemen's
clubs in their markets.
The company converted its Rick's Cabaret nightclub at 5300 Old Pineville
Road to Club Onyx and launched it with a gala three-night grand
opening December 14th – 16th. The club is now open for lunch
five days a week with entertainment until 2 a.m. and will remain
open until 4 a.m. on Friday and Saturday nights. .
About Rick's Cabaret
Rick's Cabaret International, Inc. (NASDAQ: RICK,
www.ricks.com)
operates upscale adult nightclubs serving primarily businessmen
and professionals that offer live adult entertainment, restaurant
and bar operations. The company owns and operates or licenses adult
nightclubs in New York City, New Orleans, Charlotte, Houston, Minneapolis
and other cities under the names "Rick's Cabaret," "XTC"
and "Club Onyx." No sexual contact is permitted at any
of these locations. Rick's Cabaret also owns the adult Internet
membership Web site,
www.couplestouch.com,
and a network of online adult auction sites under the flagship URL
www.naughtybids.com. Rick's
Cabaret common stock is traded on NASDAQ under the symbol RICK.
For further information contact
ir@ricks.com
or visit
www.ricks.com.
Forward-Looking Statements:
This press release may contain 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 go to
www.ricks.com.
Contact for further information: Allan Priaulx, 212-338-0050,
ir@ricks.com