Quick Index
 Adult Industry News
Search AINews Database
Type Keyword or Phrase Here
Pornography feminists unshackle their desires and celebrate their sexuality in the patriarchal world Elementary Public Relations Consulting and Press Release Service
   
 

Front Page
Film News
Media News
Business News
Clubs & Appearances
Law & Politics
Internet & Mobile News
Lifestyles Arts Health Charity
Letters to the Editor
Columns
Movie Spotlight Reviews
Interviews
Pornstar Pages
AINews Staff
Ad Rates
PR 101: Press Release Service

Caliente Swinger Vacations!

Club Jessica Jaymes - Official Website

August 09, 2000 05:05am
Rick's International Inc. Opens New Subsidiary RCI Debit Services Inc.
Source: Ricks International Inc.
by: Company Press Release

(HOUSTON, TX) -- Rick's Cabaret International Inc. (Nasdaq:RICK - news) announced today that it has created a new subsidiary named RCI Debit Services Inc.

RCI Debit Services Inc. will bring a new revenue stream to Rick's with its prepaid Internet debit card. The debit card will allow consumers to anonymously purchase access to adult Web sites without the need to use a credit card or checking account.

With Rick's adult debit card no banking or personal information is required to purchase memberships to premier adult sites. RCI Debit Services will offer adult webmasters the opportunity to accept the debit card as a form of payment for memberships. This will increase the exposure for participating sites at the retail level. A consumer will purchase the debit card and then visit www.porndebit.com to see a list of participating sites that accept the card as a form of payment. The webmaster will be paid a percentage of the signup fee. Accepting the debit card as a form of payment will eliminate the ever-increasing problem of maintaining chargeback ratios for webmasters. Because the card is prepaid, the webmaster will be guaranteed payment in full without worrying about chargebacks.

RCI Debit Services plans to distribute the card through adult oriented retail outlets across the country. The retail outlets targeted include adult novelty stores, convenience stores, adult cabarets and adult video stores. The debit card is a point of sale activated product and can be recharged at participating retail outlets. Point of sale cards will be activated at the register by swiping the card through a terminal similar to credit card swipe terminals. In addition, vending machines will dispense pre-charged cards with a $20 value. Retailers and distributors will be paid a portion of the revenue generated by the sale of the cards.

RCI Debit Services has hired Mr. Dominik Hussl as the product manager for the adult debit card. For the past three years Mr. Hussl has been the vice president of operations for a prepaid phone card company. His experience in the prepaid phone card industry includes marketing, distributing and operations for 12,000 retail outlets nationwide.

Mr. Hussl stated, ``This adult debit card is a new and innovative product that will give the consumer the option to remain anonymous and safe while purchasing adult entertainment on the Internet. This program is unique because it allows any webmaster to accept the card as a form of payment and will give the consumer an ever-growing selection of sites that accept the card.''

Rick's Cabaret International Inc. opened its first ``Rick's Cabaret'' in Houston in 1983 and went public with its IPO in 1995, making Rick's the world's first publicly traded topless entertainment business. Rick's owns and operates premier adult entertainment Internet Web sites, such as www.DancerDorm.com and www.xxxpassword.com. Rick's also owns and/or operates four Rick's Cabaret locations, three of which are in Houston and one of which is in Minneapolis. Rick's also owns and operates two XTC Cabarets, which are located in San Antonio and Austin, through its 93% owned subsidiary, Taurus Entertainment Companies Inc. Rick's and its subsidiaries own all the real estate properties where their cabarets and Internet production studio are located except its south Houston location, which is leased.

Other companies in the adult entertainment industry include New Frontier Media Inc., Playboy Enterprises Inc. and Private Media Group

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.

For further information, contact Eric Langan, president of Rick's, at 281/820-1181, email eric@ricks.com, or Larry Howell, The Howell Group, at 214/368-1592, email howgroup@iglobal.net

Contact:

Rick's Cabaret International, Houston
Eric Langan, 281/820-1181
eric@ricks.com
or
The Howell Group
Larry Howell, 214/368-1592
howgroup@iglobal.net

Pornography feminists unshackle their desires and celebrate their sexuality in the patriarchal world


RavenBay02.3gp

See BiBi Jones at Digital Playground

Top Stories

Priya in NYC

More w/Mo Celebrates 100

Angel, Albrite AVN Awards Hosts

The Upward Trending Trannie

Elizabeth Bentley Hits Circuit

Tony Batman to Big Easy

Cleopatra Dead

Introducing Bitcoin Porn Sites

Candidate Sex Tape Scandal

Donald Trump Porn Parody

Savana Styles Available

MWA: 08/15/15

Sex with Donald Trump

MWA: 08/17/15

Ashley Sinclair Sex Tape

MWA: 08/12/15

Mercedes Carrera NightMoves Nom

Allie Haze in Columbus

Vivid NYC Nommed

Maryjean on Ink Master

ChargeSavvy at ED Show

Rock'N'SeXXXyu Radio This Thurs

NightMoves Calls for Sponsors

Woodhull Sexual Freedom Summit

MWA: 08/05/15

Mindbrowse with Royalle, St. James

Raven Bay on Jukeboxx

Tyga's Transexual Affair

OC Signs Darcie Dolce

Raven Bay on Sunset Billboard

Hof Runs for Senate

Poll: Caitlyn Jenner Do Porn

Brittany is Back

Raven Bay at Exxxotica

Driller Signs The Rub

Lex's Tattooed Vixens 2

Little Sassee Cassee in OK

More
Stories From

Business News

Savana Styles Available

ChargeSavvy at ED Show

Driller Signs The Rub

NightMoves Calls for Sponsors

Casting Call

ABK Beta Users Free

OC Signs Darcie Dolce

Brittany is Back

Dollie Darko with 101 Modeling

Mercy West Available

The V Agency Joins LATATA

Sin Claire with Foxxx

New Smash VP Wyatt Case

Epoch Club Special Event

Ink Inks OC, The Rub

XBIZ 2016 Announced

RAW Signs Sasha Bradshaw

Direct Reps Harper

SashaBrabuster's XXX Comeback

AJ Applegate Available

Freedom Acres Open House

Global Adult Industry Association

Tod Hunter Press Releases

Cumisha Amado at Sagebrush

J.Lo Doc Johnson Offer

Passport to Hustler Event

Advertise on AINews

Freedom Acres Location

Nina Elle Retains Star Factory

Karen Summer Returns

She's Judas & Available

Camming Con Moves Dates

Exquisite Distributes DDF

Cherie Deville Returns

Roxanne Rae Available

Cherie Deville Available

Maryjean Available in LA

Alicia Silver Productions Content

Thomas Bagley Outed Belle Knox

Casting Call for 'Operation: Outdoors'

Mission Control Open House

Cherie Deville in LA

PASS Holiday Schedule

Santa Susana Pass Location

Sure Fuck Clothing Line

Nadia Night With Lucky Devil

Richelle Ryan Available

FSC Burdens Performers

AINews New Look

Business News Section Index

     
Copyright © 1998 - 2015 Adult Industry News (AINews.com)
All materials constituting text, articles, press releases, stories, columns, photographs, graphics, and code on the AINews.com domain are protected by copyright, and either owned by Adult Industry News (AINews.com), or reproduced with permission from other copyright owners. It may be downloaded and printed for personal reference, but not otherwise copied, altered in any way, or transmitted to others, without the written permission of Adult Industry News (AINews.com).