HOUSTON-(April 27, 2006)- Rick's Cabaret International, Inc.
[NASDAQ:RICK],
will release its second quarter 2006 results on May 15th, followed
by a conference call/webcast hosted by CEO Eric
Langan and later a "Due Diligence Ball"
for financial industry professionals at the company’s New
York City nightclub.
Results for the quarter ended March 31, 2006 are scheduled to be
filed with the SEC before market opening May 15th.
The conference call is scheduled to begin at 4:30 p.m. EDT to allow
securities analysts and shareholders the opportunity to hear management
discuss the company's quarterly results. The call is being webcast
by Vcall and can be accessed at the Rick's Cabaret
website, www.ricks.com
or www.InvestorCalendar.com.
Toll free live participant dial in number in the U.S. is 877-407-8031;
international callers should dial 201-689-8031.
The "Due Diligence Ball" is the second such event held
by Rick's Cabaret at its New York City nightclub, which opened last
September. Financial community professionals will receive free admission
to the club and can purchase all drinks for $7 from 6 p.m. to 4
a.m. the next morning. More than 120 professionals attended
the first "Due Diligence Ball" on February 15th. For an
invitation email ir@ricks.com.
"It’s a great opportunity for investment professionals
to come by to see the club up close, find out why we are successful,
and get to know our management a little better," said Mr. Langan.
"Plus everyone who comes has a great time."
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, 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
the adult Internet membership Web site, www.couplestouch.com,
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 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
go to www.ricks.com.
Contact for further information: Allan Priaulx, 212-338-0050,
ir@ricks.com
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