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Non-Tech : Rascals Comedy Club Restaurants(RASC)

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To: pennyangel who started this subject12/19/2001 9:56:25 AM
From: pennyangel  Read Replies (1) of 44
News! - Rascals International Inc. Relists On NASDAQ OTC Bulletin Board

Business Editors

WEST ORANGE, NJ--(BUSINESS WIRE)--December 19, 2001--Rascals
International, Inc. (OTC: RASC) is pleased to announce that the
company's stock has been relisted on the NASD OTC Bulletin Board. The
stock will continue to be traded under the symbol RASC.
Rascals Comedy Clubs originated in October of 1983 when it opened
its first comedy club restaurant in West Orange, New Jersey. Rascals
has earned a reputation and industry recognition as a one of America's
premier comedy club chains.
Rascals International operates comedy clubs in Ocean Township and
West Orange, New Jersey and is opening new clubs in the Crowne Plaza
Hotel Downtown Phoenix, Arizona, the Sheraton Springfield at Monarch
Place, Springfield, MA and West Chester, PA. The Company also owns a
video library of nearly 400 hours of top name comedians. The Company
is headquartered in West Orange, New Jersey and located on the Web at

Certain statements in this press release, other than historical
information, may be considered forward looking statements, within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995, and is subject to various risks,
uncertainties and assumptions. Should one or more of these risks or
uncertainties materialize, or should underling assumptions prove
incorrect, actual results may differ from those anticipated, estimated
or expected. Among the key factors that may have a direct bearing on
Rascals International Inc.'s operating results, performance or
financial conditions are its ability to implement its growth
strategies, national, regional and local economic conditions affecting
the comedy club restaurant industry, negative publicity, fluctuations
in quarterly results of operations, including seasonality, government
regulations, weather, commodity and labor costs.


CONTACT: Rascals International, Inc., West Orange
Ed Rodriguez, 973-243-8000
Fax: 973-243-8088

SOURCE: Rascals International, Inc.
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