Grand Opening Party Set For New Rick's Cabaret International, Inc. "Club Onyx" Adult Nightclub In Dallas, July 17th, 18th and 19th
DALLAS - (July 14, 2008)
- A three-day grand opening party July 17, 18 and 19 will introduce Club Onyx, a deluxe adult nightclub in Dallas catering to African American gentlemen. The former Platinum Club II was recently purchased by
Rick's Cabaret International,
Inc. [NASDAQ-GM:RICK], the nation's premier operator of upscale gentlemen's clubs
The Dallas Club Onyx is just off the I-35 Stemmons Freeway at the intersection of 10557 Wire Way and Northwest Highway. It is also just two freeway exits away from the company's newest Rick's Cabaret, at 8550 North Stemmons Freeway. Club Onyx will be open Sunday through Wednesday 11 am to 2 am, and Thursday, Friday and Saturday from 11 am to 5 am, featuring a non-stop cabaret show and fine dining.
"There's a lot of buzz among pro athletes and hip hop and R&B artists who have already been to our Houston and Charlotte locations and they are pumped about having a Club Onyx in Dallas. We expect the club will be packed all three nights of the grand opening," said
Ed Anakar, regional manager for Rick's Cabaret. He said the club is bringing in dancers from throughout the country for the launch and that about 100 entertainers will be on hand each night.
Rick's Cabaret launched the Club Onyx concept in 2003 when the company's management decided to take its highly successful upscale gentlemen's club format into one of the fastest growing, but underserved, demographic segments – highly successful and increasingly affluent urban males. The first Club Onyx opened in the
Galleria section of Houston and since then it has been hosting capacity crowds of urban businessmen, lawyers, doctors and professional athletes.
"Our Club Onyx locations in Houston and Charlotte attract an A-list clientele of gentlemen from every sport and every profession, who enjoy the beautiful women, specially selected music, great hospitality and first class food," said
Eric Langan, President and CEO of Rick's Cabaret. "We think Dallas will be exceptionally receptive to this concept."
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 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, 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; the Company's ability to identify and
secure suitable locations for new nightclubs on acceptable terms, open
the anticipated number of new nightclubs on time and within budget; achieve
anticipated rates of same-store sales; hire and train additional nightclub
personnel and integrate new nightclubs into its operations; unexpected
increases in costs of sales or employee, pre-opening or other expenses;
the economic conditions in the new markets into which the Company expands
and possible uncertainties in the customer base in these areas; fluctuations
in quarterly operating results; the impact of any negative publicity or
public attitudes; competitive pressure from other national and regional
nightclub chains; 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.
Media Contact: Allan Priaulx, 212-338-0050, ir@ricks.com