MONTCLAIR, N.J., May 13, 2005 (PRIMEZONE) -- Headliners Entertainment Group, Inc. (OTCBB:HLEG) is pleased to announce that last night's official grand opening of its new Rascals Palisades Comedy Club & Lounge, located in West Nyack, N.Y., was an overwhelming success. Headlining the event was a true "King of Comedy" -- D.L. Hughley.
Hughley is best known as the namesake and star of the hit WB television show "The Hughleys." Additionally, Hughley was one of the featured comics in the hit comedy docu-film "The Original Kings of Comedy", he appeared in the Wayans Brothers' "Scary Movie 3", is currently involved in production on an upcoming film with Burt Reynolds tentatively titled "Cloud Nine", and is working on his own talk show on top of having another comedy special in the works.
Rascals Palisades Comedy Club & Lounge offers seating for 350 people, and is expected to generate over $2.5 million per year in revenue. In addition to Thursday's grand opening, Hughley will perform on Friday and Saturday evening as well. Information on show times and pricing can be found at www.rascals.net.
About Headliners Entertainment Group Inc.
Headliners owns and operates Rascals Comedy Club, one of the premier comedy clubs in the United States, drawing upon its respected national recognition and rich history of providing the highest quality comedic entertainment in the industry. Currently, the company prides itself on its ability to employ successful entertainers at its growing chain of venues, both in its stand-alone and hotel-based operations. The company also owns six dance clubs to add to its revenue.
The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will provide to be correct. Factors that could cause results to differ include, but are not limited to successful performances of internal plans, the impact of competitors, and general economic risks and uncertainties.