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May 03, 2001 10:34am
Rick's Cabaret International Inc. Debuts New Features and Look for Auction Site NaughtyBids.com
Source: Rick's Cabaret International Inc.
by: Company Press Release

(HOUSTON, TX) -- Rick's Cabaret International Inc. announced today, new features and look of its adult auction site www.NaughtyBids.com. Travis Reese, V.P. and CIO, stated, ``With our site growing so rapidly we've received a lot of suggestions from our users.

Through these suggestions we were able to create a new look for the site making it much easier to use and navigate. At the same time we have added numerous new features that our users have requested. There are now optional features that you can add to your listings. When placing a listing you can now choose to have your item featured, highlighted or bold typed. Categories are also easier to navigate as well.''

Mr. Reese continued, ``Our users seem to be happy with the quick response we've given them in adding new features and making changes to improve the site. We plan to continue this trend going forward.''

With the decision by Yahoo Inc. to eliminate its adult auction categories Naughtybids.com membership base and number of current auctions has surged. Naughtybids.com now has over 3000 active auctions running each day in over 40 adult categories.

This press release contains forward-looking statements that involve a number of risks and uncertainties. Important factors that could cause Rick's actual results to differ materially from those indicated in this press release include the risks and uncertainties as to whether the definitive documentation will ultimately be executed, the future operational and financial results of the newly acquired Web site, the future operational strength of Voice Media, the laws governing the operation of adult entertainment businesses, competitive factors, dependence on key personnel, and the ability to manage operations. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances.



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